The Nova deposit is a magmatic sulphide deposit,a style of deposit never before seen in Australia,which occupies a geological structure known as the Eye
This style of deposit has many features in common with various aspects of Canadian deposits such as Thompson(owned by Vale) Raglan (owned by Xstrata) and Voisey's Bay (owned by Vale) which are frequently an order of magnitude larger than most Australian nickel sulphide deposits
Vale have nearby province under exploration so they would know of the potential for further discoveries
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