NVA 2.17% 23.5¢ nova minerals limited

Meant to say historic hole glanced the edge of the zone ... and...

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  1. 3,387 Posts.
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    Meant to say historic hole glanced the edge of the zone ... and now i’m hoping they drilled the guts ...

    ( from 26 Feb announcement https://www.asx.com.au/asxpdf/20180226/pdf/43rxq7ggfrv51h.pdf )


    B487ED86-65ED-4D04-A277-D25CACBF1525.jpeg

    See

    https://www.geologyforinvestors.com/resistivity-and-induced-polarisation-surveys/

    “ Different materials have different IP responses. Disseminated or dispersed sulphide grains within a large body of rock,  for example porphyry and strataform deposits usually have a strong IP response. Small semi-massive sulphide bodies generally have a weak IP response. In gold exploration, associated minerals such as pyrite and arsenopyrite may be present in sufficient quantity in the neighbouring rock to cause an IP effect. Therefore gold mineralisation may be indirectly detected using the IP method.“

    Also from operational update ...

    Locally abundant arsenopyrite, chalcopyrite and locally galena were readily identified in the field. Measured chip sample traverses were acquired across sulfide-rich mineralization. Previously identified chargeability anomalies were also sampled.”
 
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Last
23.5¢
Change
0.005(2.17%)
Mkt cap ! $38.96M
Open High Low Value Volume
24.5¢ 24.5¢ 22.5¢ $48.67K 208.1K

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4 11639 23.5¢
 

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24.0¢ 11609 4
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