NVA 6.52% 24.5¢ nova minerals limited

NVAO options, $0.0325 strike, 31 August 2020 expiry, page-30

  1. 3,387 Posts.
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    Closest settlement is Skwentna at about 44m above sea level (google).

    More info on Skwentha here:

    https://en.wikipedia.org/wiki/Skwentna,_Alaska

    https://www.google.com.au/maps/plac...88cdf4!8m2!3d61.923613!4d-151.1683574!5m1!1e4

    Monthly forecast for Skwentha available here:

    https://www.accuweather.com/en/us/skwentna-ak/99667/january-weather/336753

    A6FDB358-A160-4CC1-88F0-3B6E43EC74FE.png

    Day time temperature range about -16 degrees to 1 degree C

    The Oxide Valley prospect is here:

    https://www.google.com/maps/place/6...4!1s0x0:0x0!8m2!3d62.0082!4d-152.9019!5m1!1e4

    and is at 3,200 feet above sea level ( or approx 975m above sea level ).

    From high school geography, temperature drops about 1 degree C for every 100m of elevation so that would suggest daytime temperatures of -26c to -9c. Guesswork.

    Winters are usually dryer. Main issue with drilling is probably weather fronts that create strong winds or snow.

    As you say I guess they could drill if they are willing. As above main issues are probably blizzards and I guess they could look for weather windows.

    Camping in those temperatures is certainly feasible. Just need good gear and fortitude.

    For practicality crews really need to be helicoptered to site. It’s some distance from the airstrip and mining camp setup by Brazil Resources for nearby Whistler.
 
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