The Nova – Bollinger magmatic nickel-copper deposits are hosted within the lower granulite facies mafic rocks of the Fraser Zone of the Albany-Fraser Orogen. The Fraser Zone is dominated by metamorphosed mafic rocks but also includes metamorphosed granitic and sedimentary rocks termed the Fraser Range Domain. Much of the northern part of the Fraser Range Domain is obscured by younger rocks of the Eucla Basin, however it is interpreted that this domain is approximately 425km long, northeast trending, fault-bounded domain that is up to 50km wide.

The host rocks of the Nova-Bollinger deposit consist of a suite of meta-gabbroic to meta-picrite cumulates which have been metamorphosed to a high metamorphic grade. These units are interpreted to have been emplaced as a layered sill in an extensional sedimentary basis. The deposit is situated on the north-western side of an eye-like structural feature which is best seen in regional and ground magnetics.

The nickel-copper mineralisation is interpreted to have formed initially as a typical magmatic segregation Ni-Cu deposit. The sulphide assemblage of the ore mineralogy consists of pyrrhotite (~80-85%), pentlandite (~10-15%) and chalcopyrite (5-10%). This style of deposit has many features in common with various aspects of Canadian deposits such as Thompson, Raglan and Voisey’s Bay.

The base case mine plan is founded on a 1.5Mtpa underground mining operation with decline access as per the DFS. The stoping extraction methods include:

- Transverse/Longitudinal Sublevel Open Stoping (86% planned production);
- Longitudinal Open Stoping of moderate dipping ore (4% planned production);
- Longitudinal Open Stoping of sub-vertical ore with pillars (4% planned production); and
- Longitudinal Open Stoping of sub-vertical ore with paste fill (6% planned production).

Ore and waste will be hauled in 60t underground trucks up a one in seven gradient decline. The decline has been designed to allow conveyor haulage to be retrofitted at a later date if deemed appropriate

The Concentrator is designed for a nominal 1.5Mtpa capacity. Processing will comprise conventional crushing, milling and classification circuits followed by dual flotation circuits to produce separate nickel (+cobalt) and copper (+silver) concentrates.

All site surface infrastructure, including:
- Processing facilities, including crushing, grinding, flotation and dewatering
- Tailings storage facility
- Offices, workshops, warehouses and associated facilities
- Borefield and pipeline
- Camp
- Airstrip
- Access Road
- Power Station