NVA 11.6% 19.0¢ nova minerals limited

My notes: 8-10 week lag on assays Dead-ringer for mineralisation...

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    My notes:

    8-10 week lag on assays

    Dead-ringer for mineralisation style with Fort Knox and Victoria Gold

    Encountering higher grade in feeder structures up to 1 oz per tonne

    Drilling cathedral march/April 2021

    Guidance 5 to 7 Moz for global resource

    Plan to be producing by 2024

    Aside from Donlin gas pipeline, diesel fits in well with low fuel prices, also options for geothermal and to source power from a coal project in feasibility

    Discovery cost going from $1 / oz to $2 to $3 /oz

    Risk is low in terms of ore loss and dilution for this type of deposit, compared to high-grade vein/tabular deposits. Even mining at the margins of the deposit the ore contains gold.
 
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