NVA nova minerals limited

New Info - RPM / Cathedral

  1. 7,280 Posts.
    lightbulb Created with Sketch. 1867
    From the announcement below, and also mentioned in a recent German language interview here:
    https://hotcopper.com.au/data/attachments/5201/5201891-968da7c82f339c04dd9ed45c999f1af4.jpg

    Cathedral
    https://hotcopper.com.au/data/attachments/5201/5201888-1ecfbc1af8335e98cd91532253ade478.jpg
    https://hotcopper.com.au/data/attachments/5201/5201913-157b6f252ee5abd1db16a5ce4f247b76.jpg
    https://hotcopper.com.au/data/attachments/5201/5201915-155d33068b26233ca0c8f99f8250f0cb.jpg

    CTDD-001 - It appears to be shallower than CTDD-003B, and closer to the rock chips. I was going to say that this shallower hole is also higher grade, 269m @ 0.4g/t, but the above images seem wrong. One image has the grade labels for 001 and 003B reversed compared to the other image. So I don't know which of the 2 holes is actually 0.4g/t.


    https://hotcopper.com.au/data/attachments/5201/5201897-0cd7fdcd35fd4c3cb037e095a2c5309a.jpg


    This may help us to decide whether the 2Moz inferred resource for Cathedral is realistic.

    They say the East block is low grade, with the West block making up most of the resources. It does seem to assume a fairly large area around the drill pads to bs resource, but 400m long intersections make that realistic enough.

    It is probably superior to Block C / D which were included at the end of the mine life in the mining plan. Cathedral - 700m long? Block C - 150m long?
    https://hotcopper.com.au/data/attachments/5201/5201922-0b7d2178e20b5fb71914ffd639ea5fd2.jpg



    RPM North
    At 11:50 in the interview, he describes why RPM was downgraded 'it's isolated like a steep dipping island, but we thought it was continuous', 'faulted off block, faulted from something larger, The Mother' (RPM mid, I think, with 76m @ 1.2g/t - good if they find more like that in Mid)

    https://hotcopper.com.au/data/attachments/5201/5201908-49cf1101780a9f7f21a97097c065b377.jpg

    https://hotcopper.com.au/data/attachments/5201/5201924-c9e10c7551cf4e62128836e3d470c3a3.jpg
    The green is suggesting that they've already added some Inferred Resource to RPM North for RPM Mid's deep intersections. I can't tell whether they've only included some very deep blocks (as per the deep intersections - eg. 30m @ 2g/t from 501m sub-intersection), and thus there's potential to add resources that are shallower after more drilling.

    https://hotcopper.com.au/data/attachments/5201/5201949-a1e41e74e4be4427ff896e496fb468ac.jpg



    https://hotcopper.com.au/data/attachments/5201/5201933-04b297678d635e330d9fd16c16a0aac4.jpg


    RPM South
    https://hotcopper.com.au/data/attachments/5201/5201903-7e1d24f97344699669a06c73e841b048.jpg
    https://hotcopper.com.au/data/attachments/5201/5201904-939ff7f463ea8ce8e7df2679d9ef118f.jpg
    https://hotcopper.com.au/data/attachments/5201/5201905-cc510ccb122bd318c236042500d9f846.jpg

    It appears that a lot of the better grade ore is near surface (purple/red intersections). Better than the alternative - the same grades, but deeper.



    RPM Overall

    https://hotcopper.com.au/data/attachments/5201/5201941-3251871d770d51d3e83d5474323c31b9.jpg

    https://hotcopper.com.au/data/attachments/5201/5201937-97933eb8ddf0a6be9c7c113f4545f32c.jpg
    I circled in purple the resource outlines that make up the 1.24Moz for RPM - they're a little generous, but not overly, normally sticking to the furthest extent of the drills.

    RPM Mid to RPM South is the most obvious section that is not included in the inferred resources, and possibly the shallows above RPM Mid, or West of RPM Mid. That'll be getting most of the drilling attention.



    It's good to have these resource outlines. I felt we were missing them before. So we can see where exactly the inferred resources assumes the resource outline to reach.

    This is AFTER the downgrade. I wonder what the outlines looked like before. Larger? Or maybe they stayed roughly the same, but with lower grades now.

    https://hotcopper.com.au/data/attachments/5201/5201955-49eda5f166659bfd7b65e6d07a501cf0.jpg
    The above somewhat explains. Tonnage changed from 23Mt (@ 2.0g/t) to 31Mt (@ 0.83g/t). So if tonnage changes from 23Mt to 31Mt, I guess RPM Mid was added, and possibly RPM North was cut back.




    I feel like this picture is pretty important. It shows us what would add to or detract from the the RPM Inferred Resource with future drilling. Weak drills within the purple areas could detract from it, strong drills in the purple areas could add to it, and any intersections outside of the purple areas would add.

    https://hotcopper.com.au/data/attachments/5201/5201961-5fcdb60e06367ea82aba9e32e7cfab6c.jpg

 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
31.5¢
Change
0.010(3.28%)
Mkt cap ! $126.4M
Open High Low Value Volume
30.0¢ 31.5¢ 30.0¢ $40.81K 133.4K

Buyers (Bids)

No. Vol. Price($)
5 101888 31.0¢
 

Sellers (Offers)

Price($) Vol. No.
31.5¢ 1513 2
View Market Depth
Last trade - 10.44am 17/09/2025 (20 minute delay) ?
NVA (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.