Novo's Ann Tonight, page-41

You blokes are over reacting to this

ANN by NOVO
The ANN just confirms  as to what NOVO said back in DEC 2017

Assessing Appropriate Bulk Sample Size
:
Given the overwhelming indications that Purdy’s Reward is an extremely coarse gold system,
Novo is
undertaking a comprehensive size analysis of gold distribution in a  3 tonne sample collected from
Trench 1. Independent coarse gold expert Dr. Simon Dominy is directing this work, and its completion is expected in January 2018.
Data from this analysis will help determine, going forward, the:
-
appropriate sample size, and
-
appropriate methods of
analyzing the large
samples to obtain results that can be relied upon for
grade determination

READ THIS BELOW


Over the past several weeks, Novo personnel have extracted numerous samples of
in situ gold mineralization from trenches excavated at Purdy’s Reward. Each sample was washed and waste rock material was removed to expose gold particles for study.
A discussion of findings is presented below:
-
Virtually all gold occurs as coarse nuggets within conglomerate matrix (
Figure 1
). Most nuggets
are rounded and flattened consistent with
primary alluvial transport and deposition. All display frosty surface textures
imparted by the matrix in which they occur. As mentioned in the
Company’s
news release dated November 24, 2017,
chlorite rich shale clasts are commonly
spatially associated with gold nuggets.
-
Overgrowths of chlorite, a clay mineral, surround each nugget. Chlorite appears to replace sandy matrix, and in in some cases the gold nugget itself.
-
A 1
-
3 mm halo of fine gold particles is observed around most nuggets and may originate from late stage chemical remobilization of gold from the nugget.
-
Occasionally, concentrated clusters of fine gold particles are observed surrounding a few ragged remnants of coarser gold. Such remnants are thought to be nuggets that have undergone significant chemical remobilization and reprecipitation as fine gold.
-
Gold discussed above is not supergene.
Such gold is observed in fresh rock just the same as in partially oxidized rock
.
-
Gold nugget purities range from approximately 87% to nearly 100% with most toward the higher end of this range.
Silver and lesser copper and mercury make up impurities. Basement lode gold deposits may be a source of nuggets with purities at the low end of this range, but a source for higher purity nuggets remains elusive
. Novo thinks such gold could possibly bederived from recycling of earlier gold
-bearing sedimentary deposits.

The amount of GPT retrieved

Study of in situ
gold mineralization confirming Purdy’s Reward is a coarse gold system.
-
Undertaking an assessment of appropriate sample size.
-
Receipt of first bulk sample results including 15.7 gpt Au from a 304 kg sample of basal
conglomerate from Trench 1 and 17.7
gpt Au from a 371 kg sample of basal conglomerate from
Trench 2.

Interestingly, some conglomerate beds intercepted in these deeper holes display increasing quartz clast content and local concentrations of detrital pyrite, a potential indication the system is evolving further from the paleo -shoreline
The system appears to evolve as it extends into the basin
, a potential indication other favorable
depositional environments may be present nearby.

NOVO are not happy with the time line from LABS either
Which they have indicated back in december
They NOVO where warming you[ SH ] To the probability that they where going to sort it out themselves .

And now they have confirmed by this ANN over night

8 Weeks down to 4 weeks GRT ...
Everybody stop jumping to conclusions this is only about   Bulk ASSAYS

There is only so much NOVO can do given there EXPLORATION right s by the MINE DEPARTMENT

And as for DL he is smart in his way by going about a QUARRY LICENCE  Big short cut
Which I believes he  ARV is able to go down to CORRECT ME ON THIS 75 MTRS  QUARRY

As for the NICKOL River plant
It was stated that it was refurbished in Karratha before it headed out to Radio Hill  so the 2 or so weeks before XMAS brk  it would have been worked on than in January the week back moved out to Radio hill  which fits in to the timeline of things

But some of the crap without thinking it out is stupid  in a number of AREAS.

And PPL jump on; give the TU ;without there own individual thinking  ...

As DL stated  nearly 2 months ago in a interview
That there will be a two pronged approach
One by NOVO and one by ARV
And yes DL did say that NOVO will be ascertaining a strong approach  to understanding this GOLD SYSTEM ..

And again some PPL say GRT interview  wooopppeee but without actually listening  to what is being said and UNDERSTAND what is being said