RE:RE:IKN's position on Novo . . .oldgoldz wrote:. . . is articulately and concisely summarized in this link:
Points 4 and 5
4. The cost of a bulk sample program is affordable. QH has already sorted through this at Beatons Creek.
"Yup, take 500kg from here there there and here. Process it. Then tell me all the areas between the samples are the same. Okay. Time for that? Expense? F___ dude, suddenly you're just mining!"
Dude > Really NOVO has "800 trench samples this year planned there!" updated 43-101 is due out at some point. Just another uniformed, paradigm view.
5. So the ongoing bulk sample program will prove up the resource at near outcrop areas, Down dip cores will use Stratigraphic Dating to determine bed age which will help further model and define grade down dip. QH has already sorted through this at Beatons Creek.
"because it simply doesn't have any way of proving anything. It's ultimately risk management and the de-risking of the NVO equity is going to be very difficult."
Dude > NOVO will at some point tie bed age and black shale together to detemine down dip grades using a custom insitu grade cut off model.
Again this is just another uniformed, paradigm view.
"black chlorite-rich shale fragments are commonly observed in areas with abundant visible nuggets"