NVA 6.67% 16.0¢ nova minerals limited

Yes, I guess a bulk sample is somewhat equivalent to drilling,...

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    Yes, I guess a bulk sample is somewhat equivalent to drilling, and without being restricted by winter weather. So that's quite nice - better than rock chips, which can by small and misleading. So we have something to look forward to there, in a shorter timeframe than drilling. Potentially it's enough proof to encourage the government to give a grant for drilling.

    If the bulk sample was generally representative, then it would give an indication of tonnes in the vein (multiply 1x1x1m's grade, by the vein length/width/depth), though I'm not sure if it's enough evidence for management to legally state an estimate.

    Plus it would provide a little more evidence for PFS, about critical minerals processing.

    Lab: they said 4-6 weeks, I think, after drilling finishes at RPM. A bulk test sample though? No idea.

    Perpetua: from memory, they're reopening a historical and large mine. So a large grant seems reasonable.

 
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