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Nova Minerals Ltd.
Summary
| Project: | Officer Hill | |
|---|---|---|
| Deposit: | Officer Hill | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 12/5/2019 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 5-12-2019: Nova Minerals Ltd. announces an Exploration/Drilling Update report for its Officer Hill deposit at the Officer Hill project. Drilling results incl. 7.6m @ 2.28g/t Au from 191m. Minerals explorer and developer Nova Minerals Limited (ASX:NVA FSE: | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Christopher Gerteisen (Internal) | |
| ABSTRACT: | Minerals explorer and developer Nova Minerals Limited (ASX:NVA FSE:QM3)(‘Nova’ or ‘the Company’) is pleased to announce further encouraging drill results at the Officer Hill Gold Project in joint venture with Newmont Goldcorp Tanami Pty Ltd (a wholly owned subsidiary of Newmont Goldcorp Corporation (Newmont Goldcorp)). The Officer Hill Project within EL23150 covers 206km2 and is located 34km southwest of the Callie deposit at Dead Bullock Soak part of Newmont Goldcorp’s gold operations in the Tanami region of Newmont Goldcorp’s Tanami Operations. The exploration program is targeting Callie-style mineralisation within EL23150. Assay results received from diamond drill holes OHD0007-OHD00014 contained numerous zones of anomalous gold values including significant intercepts of 1.0m @ 14 g/t Au and 0.9m @ 2.75g/t Au (OHD00011), 3.0m @ 1.94g/t Au, including 1m @ 4.36g/t Au (OHD0010) and 1.0m @ 1.44g/t Au (OHD0007) (Figure 1). Mineralisation consists of shear zone hosted quartz-chlorite-pyrite veins within variably bedded sandstone and laminated siltstones. Alteration is dominated by the regional greenschist facies metamorphic assemblage. | |
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