For thousands of other reports visit RSC's Mineral Intellingence Map
Nova Minerals Ltd.
Summary
| Project: | Estelle | |
|---|---|---|
| Deposit: | RPM | |
| Location: | United States | |
| Commodities: | Gold | |
| Date: | 9/17/2019 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 17-9-2019: Nova Minerals Ltd. announces an Exploration/Drilling Update report for its RPM deposit at the Estelle project. Re-assay of historic core gives 177.39m @ 0.79g/t Au from 4.27m. Minerals explorer and developer Nova Minerals Limited (ASX:NVA FSE:Q | |
| Resources: | (Resource, Inf.): 2.5Moz Au | |
| CP/QP: | [Overall Report]: Dale Schultz (DjS Consulting) | |
| ABSTRACT: | Minerals explorer and developer Nova Minerals Limited (ASX:NVA FSE:QM3)(‘Nova’ or ‘the Company’) is pleased to announce the discovery of high grade gold mineralisation at RPM (Figure 1) (Table 1) through re-assaying historic drill core. The hole was drilled down to 177.39 m in 2012. The RPM Prospect is one of several potential gold deposits located on the Estelle Gold Property requiring additional drilling (Figure 2). Nova Minerals Managing Director Mr Avi Kimelman said: “After announcing our maiden 2.5 Moz Gold JORC Inferred Resource as a starting point at Oxide Korbel just a week agowe are excited by these results from the RPM Prospect which clearly demonstrate the scale, size and robustness of our project’s exploration upside. We are now looking at the possibility of delineating multiple deposits on the Estelle Property. Oxide Korbel 2.5Moz Gold JORC Inferred Resource occurs on less than 1% of the project area and we are fortunate to have multiple gold occurrences located elsewhere on the property requiring further work, RPM being one of them. | |
Full Report
opaxe is a smart software platform that reconfigures and redistributes information and produces business insights to help mining professionals and investors make better decisions. We utilise technology and machine learning for data collection and human intelligence for the value-added services.
Full Report