NVA 4.76% 20.0¢ nova minerals limited

Ann: More High-Grade Gold and Antimony Discovered At Stoney, page-10

  1. 5,734 Posts.
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    It appears to me that the silver is the biggest contributor to the AuEq - beating the gold, copper and stibium in the below samples at least.

    T5/West Wing did not show silver, only Stoney did. So it appears that silver is valuable if it occurs in a particular target.

    https://hotcopper.com.au/data/attachments/5987/5987696-31d98f5298bddd05d82a89336ef5b15d.jpg


    So the silver is very interesting, but I'm not sure which resources are still pending silver assays. Also of note, Stibium is showing up widely (have Korbel/RPM been re-assayed yet?).

    https://hotcopper.com.au/data/attachments/5987/5987731-b91141390d75f5a830c0868388263fff.jpg

    From management's mouth - apparently soil samples are a good indicator of underlying gold. I'd assume soil is more reliable than rock chips. Muddy Creek from memory has a lot of widespread soil samples - "A total of 21 soil samples were collected over a 1.5km traverse and all but two of these samples were greater than 1.0g/t gold. The soils averaged 2.5g/t gold, with a high of 6.1g/t gold."

    https://hotcopper.com.au/data/attachments/5987/5987827-b403bc0b474edfb1d76a2c0a421e3bdb.jpg
    It sounds like arsenopyrite is more purely gold, with lower chance of byproducts. I remember arsenopyrite at Cathedral.


    https://hotcopper.com.au/data/attachments/5987/5987837-d2fc50a7e828307e74469f474a33411f.jpg
    A lot of the top rock chips are not actually from Gold, but from by-products.

    The 3 samples with high gold actually had very low silver - maybe arsenopyrite.

    https://hotcopper.com.au/data/attachments/5987/5987853-082371c218b7e537460805a6bc1425ce.jpg
    For soil samples, it was not Stoney showing up, but the other 2 prospects. 10 samples at 1.2g/t and above. Silver was less impressive in the soil compared to the rocks. Stibium in soil at T5 was quite good. Copper was ok.

    Stoney got re-sampled. The following would have flown under the radar before re-sampling. Stibium assays look impressive. 2 samples off the charts >10,000. Silver was very high in 1 sample (2720ppm).

    https://hotcopper.com.au/data/attachments/5987/5987869-452e13980ec4f1e9d3f19fd80b4633f8.jpg


    Can't complain about these results, but I assume they'll remain lower priority than RPM/Train areas.

 
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