NVA 4.17% 25.0¢ nova minerals limited

General Chat, page-7316

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    "We might start at Korbel with (agglomerated) heap leach, if we're capital constrained" From their Youtube, an interview with Proactive Investors.

    Seems anything could happen in PFS. Having a lower CAPEX pathway starting with Korbel, or if having enough funds, then maybe starting at RPM.

    Drilling will happen at Trumpet and Muddy Creek. (No mention for Shoeshine)

    Intention for US is 'ADR' on US exchange.


    Below is just an example. Is shows heap leach being cheap for both CAPEX and OPEX. Drawbacks probably being lower recoveries, so throwing away say 20% of the gold, and slow cycle time (say 50-180 days from mining to cashflow).

    https://hotcopper.com.au/data/attachments/5945/5945483-299da76f0e20afe1ecc63bc1332437e7.jpg


    Below is some general info. CEO said nearby peers can recover 70-80% from agglomeration heap leach.
    https://hotcopper.com.au/data/attachments/5945/5945487-bb86794dec307b5c417943d2202d16b1.jpg
 
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