New QH interview. Not much new here. Starts at about 18-minute mark.
https://www.voiceamerica.com/episod...state-how-liberalism-became-americas-religion
@Lemand on CEO crafted a quick summary of the interview. I hope he doesn't mind my posting it here.
Summary of August 16th NR
When assays?
- Samples are much larger
- The issues were not anticipated
- Rock much harder
- Process optimalisation was difficult
- SGS system has improved significantly
- Crushing near capacity
- Metal detecting near capacity
- Weather problems
- In two or three weeks there will be assays
- Very clear picture of what is on site
Questions
Harder rock, more expensive?
- Lower cannibal conglomerate is particularly hard.
- Crushers simply couldn’t cut it
- It was hard to install the right crushers
Maybe in two to four weeks bulk sample information?
- Yes
- From CW two gold bearing reefs.
- Its not easy to find the gold bearing reefs
- Novo was able to identify each reef
- A marker: tuff was found in the top layer
- Thin layer. Follow the layer and you get the gold bearing reef associated with it
- The basement is the same conglomerate as at PW
What is the objective of the exploration work?
- Bulk sample results are needed for a mineralization report
- This report is needed to convert a exploration license into a mining lease
- Shows that Novo has a body of rock that is mineralized
- Moving it forward as if Novo is planning to do trial mining Question about open endedness of CW and PW
- It is a small area out of the Pilbara
- Tuff horizon at Egina and DEG area
- In a few weeks some very exciting things will be told
- Marindi has gold in conglomerates at Bellary Dome
- Novo does not believe in universal gold mineralization throughout the Pilbara
- It does appear to be a precipitation event
- Forums
- ASX - By Stock
- DEG
- NOVO NR
NOVO NR, page-9
-
- There are more pages in this discussion • 23 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add DEG (ASX) to my watchlist
|
|||||
Last
$1.24 |
Change
-0.010(0.80%) |
Mkt cap ! $2.971B |
Open | High | Low | Value | Volume |
$1.27 | $1.27 | $1.24 | $4.882M | 3.907M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 16094 | $1.24 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.25 | 16097 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 16094 | 1.240 |
8 | 87920 | 1.235 |
6 | 176391 | 1.230 |
5 | 41731 | 1.225 |
10 | 300693 | 1.220 |
Price($) | Vol. | No. |
---|---|---|
1.245 | 16097 | 1 |
1.250 | 64153 | 6 |
1.255 | 110517 | 4 |
1.260 | 44491 | 5 |
1.265 | 66311 | 5 |
Last trade - 16.10pm 22/08/2024 (20 minute delay) ? |
Featured News
DEG (ASX) Chart |
The Watchlist
SS1
SUN SILVER LIMITED
Gerard O'Donovan, Executive Director
Gerard O'Donovan
Executive Director
SPONSORED BY The Market Online