NVA 2.70% 19.0¢ nova minerals limited

Ann: Quarterly Activities and Cashflow Report, page-3

  1. 11,249 Posts.
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    The significant news from the quarterly is the following in relation to Newmont. I drop that info in the Newmont JV thread. See here: https://hotcopper.com.au/posts/34639776/single

    It is going to be a very busy end to 2018! I think catalysts in the following order
    • Drill assay pending for drill hole OHD0003 at Officer Hill Gold Project.
    • Progress updates on the TSX-V spinout of Snow Lake Resources. 77% of the spinout to be held by NVA. I think this could finish optimistically in October to November timeframe but may push out to January. We'll see a roadshow for sure I think. A key part of any IPO.
    • Drill campaign for Estelle. We could start to see assays in September to October timeframe. I think drilling will start in the next few weeks.
    • Start of additional exploration and drilling under the Newmont JV. Periodic exploration updates for surface exploration and geophysics.
    • Maidn JORC for Estelle Gold project in October to December timeframe.
    • Assays for follow-up drilling for the Newmont JV
    Shaping up to be a very, very, very big end to 2018.

    3 very, very active and prospective projects.

    Unusual for an AUD $20.6M MCAP company.
 
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