NVA 6.52% 24.5¢ nova minerals limited

Ann: Quarterly Activities and Cashflow Report, page-10

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  1. 3,387 Posts.
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    The corporate and operational update said:

    Sampled zones include the Oxide-North, Oxide-South prospects and a new zone now drill-tested by Nova Minerals

    My interpretation is the new zone is likely the pink-coloured section of the high IP chargeability Survey. See figure from an earlier announcement. They were planning to drill 4-5 holes down the guts of this.

    E7C4CE64-47F7-497E-AF46-71F9F097F2EE.jpeg

    I am also interested to see what the sampling reveals, particularly for whether placer gold is present.

    From above think they’ve done some drilling and a good probability it’s the pink area above. One of the historic holes for which we have historic results and a cross-section. The operational update also said ...

    “Upon receipt of the laboratory data, Nova will update the market with detailed map with cross sectional profiles.”
 
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