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Nova Minerals Ltd.
Summary
| Project: | Thompson Brothers | |
|---|---|---|
| Deposit: | Thompson Brothers | |
| Location: | Canada | |
| Commodities: | Lithium | |
| Date: | 3/12/2018 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 12-3-2018: Nova Minerals Ltd. announces an Exploration/Drilling Update report for its Thompson Brothers deposit at the Thompson Brothers project. Drilling results incl. 26.94m @ 1.527% Li2O from 150.0m. The directors of Nova Minerals Limited (Nova or Comp | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Olaf Frederickson (Internal) | |
| ABSTRACT: | The directors of Nova Minerals Limited (Nova or Company) (ASX:NVA) are pleased to report high grade Li2O results for drill holes TBL-016 and TBL-017 as well as the additional intersection of 18.38m of spodumene bearing pegmatite continuing to depth in hole TBL-018, refer figure 1 for hole locations. These three holes were all drilled on the 1300mN section to test continuity of the mineralised body and assays for holes TBL-016 and TBL-017 were prioritised to provide some indication as to the commercial potential of the body, refer figure 2 for cross section and Table 1 for assay results. Assays for hole TBL-018 as well as other remaining holes drilled to date will be announced in due course. These results show solid confirmation the mineralised body demonstrates continuity and remains open at depth. Nova is continuing to build the picture of the deposit with the addition of drillhole data and assay information as it is received leading to the eventual completion of an NI 43-101 resource estimate. | |
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