NVA 12.5% 17.5¢ nova minerals limited

I'm liking the bit I highlighted in purple. 30m @ 2g/tIt is...

  1. 5,770 Posts.
    lightbulb Created with Sketch. 1406
    https://hotcopper.com.au/data/attachments/4926/4926227-9be06407a3fe7b336b60f22a91cf00cd.jpg

    I'm liking the bit I highlighted in purple. 30m @ 2g/t

    It is pretty much superior to the holes drilled from the pad in RPM South. The pad is where the good rock chips were. This bit has no rock chips, but could be better. And it's undrilled above, below, left and right.

    They probably didn't hit the best bit on the first go. So RPM South could get better, though It's unproven whether they'll hit bonanza grades there.


    https://hotcopper.com.au/data/attachments/4926/4926229-8c63ec232d26c773ba9c42b5bfe08093.jpg
    Also this. I thought 0 results have come back for Cathedral yet?

    To say that Cathedral will be included in the MRE means they're highly confident in there being some decent intercepts. If none have been released to market, then I assume it's because of 'tightly spaced veining' / visible gold before sending them off for assaying. Doesn't that mean it's guaranteed that Cathedral is coming back with some hits? It's just a question of how good. Anything >0.5g/t should be a positive for Korbel. Preferably >1g/t to change the economics.

    You Beauty gets a mention for results due back, but not with so much confidence to say that it'll get an MRE update.
 
watchlist Created with Sketch. Add NVA (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.