NVA 3.23% 15.0¢ nova minerals limited

For context ... I have added the outline of the 2.2Moz to 5.3Moz...

  1. 11,249 Posts.
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    For context ... I have added the outline of the 2.2Moz to 5.3Moz exploration target area that was identified in November 2018 (red dotted line).

    The evolving IP Survey is showing two major zones of potential higher-grade mineralisation and a smaller in the middle of the Oxide group of prospects. I have marked these areas with an orange line.

    The area on the right is what they were calling "Oxide North".

    The area on the left is what they were calling "Oxide South".

    ... so if they focus on depth to 100m to 150m ballpark that is near-surface then they may be able to define a very economic ore-body ...

    I suspect they are stopping the drilling where mineralisation doesn't align with type of rock they would expect for gold.

    Screen Shot 2019-07-05 at 5.32.19 pm.png

    Current drilling ( the holes you identify @mt88 ) is around the area shown below ... see red circles. Would align with the grades at the top of the hole shown below. Around 0.56 g/t ballpark in the top 150m.

    These are the first holes sent for assay.

    Screen Shot 2019-07-05 at 5.48.24 pm.png

    (extract above is area circled below)

    Screen Shot 2019-07-05 at 5.40.11 pm.png
 
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