@Tradeahead @Tradeahead I am not a geologist, and it is best to await QH going into detail- What makes this particular interesting IMO, is that it sounds like its it NOT nuggety gold, rather should we call it linear or a more "conventional" deposit, not really seen before in NVOs portfolio. My specialization is investing rather than geology, so I cannot state this with certainty, but if correctly interpreted, it expands our options quite a bit!
* 145 gram meters is a really good showing for a maiden drill program in a matrix (non-targeted configuration). Next drill program will know where to look, this first one just drilled in a grid to establish that rudimentary knowledge.
* With 1787m drilled more or less randomly (matrix), and 145 gram meters with good grades, that relationship sounds rather great to me, next round will be better.
* Much easier resource estimation/ 43-101 (nuggety gold is difficult to measure from a scientific standpoint)
* This seems to be something not found in the area before. "Nearology" suggests, that if we have a high grade deposit here, then we probably have others too! Anything else would be unlikely.
* Since MOY missed this type of deposit altogether, they will also have missed its brethren elsewhere.
* ...and by extension, it could open up a whole new flank on how NVO looks for gold, in places it has not looked before.
* Linearly deposits are a bit more predictable to work with, typically.
* It increases the "certainty" with which the Golden Eagle mill will be a resounding success. -having more types of gold bearing mineralization, reduces risk dramatically, as any problem that may be associated with one type of deposit, would much less likely also be associated with another type of deposit with a different type of mineralization.
* Quite simply it de-risks NVO further as a whole, because it widens the gamut of workable options.
* It seems very likely, that substituting this ore for BC gravels, will improve grades, output, reduce costs, and spike cash flows considerably.
* As such it may shorten the timeframe before we see the Golden Eagle mill produce a lot more dollars for shareholders.