Nova Minerals Limited (ASX: NVA | OTC: NVAAF | FSE: QM3) has announced that its targeted drilling campaign is now underway at Train with an additional rig now mobilized and turning at the highly prospective Train area. It continues to unlock the Estelle gold district with the commencement of a maiden drill programme at the RPM style Train area to further grow the size and confidence of its already established 9.9Moz gold resource.
“We are excited to be putting the first holes into our never before drill tested Train prospect where surface gold occurrences collected over several years by geologists have indicated that another large IRGS gold structure, similar to the high-grade structure at RPM, maybe hosted,” commented Nova CEO, Christopher Gerteisen.
“The first pass exploration drilling at Train this year has been specifically designed to test the mineralized structures and controls on mineralization, along with lithology, alteration styles and mineralization types, to better understand where the gold expressed at surface originates from.”
The intention is to have 3 diamond rigs with PFS stage drilling focusing on both increasing the drill density of the resource, plus extensional drilling to further grow the global gold resource during this year’s drilling. The drill rigs will be in operation 24 hours a day on rotation, seven days a week.
However, the proposed drilling programme is fluid and will be consistently monitored with adjustments being made where deemed necessary based on initial drill core observations as the programme progresses throughout the season.
The 2023 Train Area Drill Program Drilling has now commenced at Train where previous geological observations and high-grade rock chip samples obtained from the Train and Trumpet prospects, including:
- Train prospect: 80.2g/t Au, 30.4g/t Au, 24.5g/t Au, 21.6g/t Au, and 17.9g/t Au
- Trumpet prospect: 32.8g/t Au, 16.6g/t Au, 16.0g/t Au, 13.6g/t Au, and 12.7g/t Au
- 1.5km link between Train + Trumpet: 30.4g/t Au & 21.6g/t Au
These provide the potential for another gold system in the area, located just 7km north of RPM. The drilling at Train has been designed to test the origin of the at surface gold observations, with the aim to define another major resource area.
For further information, please visit: www.novaminerals.com.au
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