Far East Capital Newsletter
You don't see a 373m intercept at 3.8 gpt very often - Nova Minerals
23 Oct 2021

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You don't see a 373m intercept at 3.8 gpt very often - Nova Minerals

I was introduced to Nova Minerals (NVA) last week by a broker who wanted me to look at a 373m intercept grading 3.8 gpt, which is an attention grabber in any language. So, I had a zoom meeting with two executives directors based in Alaska, and learnt that this is an unusual, but very interesting company. It has a headline Inferred Resource of 4.7 Moz of gold in what is a huge low-grade deposit, but the recent drill hole on a different prospect opens the door to a more tantalising discovery. 

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