Annuncio • Apr 15
Nova Minerals Limited Announces Significant New Gold Anomaly At Portage Pass Nova Minerals Limited announced assay results from its 2025 surface sampling program in the Portage Pass area of its flagship Estelle Gold and Critical Minerals Project, located within Alaska’s prolific Tintina Gold Belt has identified a new broad zone of gold mineralization 2.5km from Korbel. Potentially significant new gold anomaly defined at Portage Pass from field observations and 2025 surface assays. Geochemical signature comparable to the multi-million ounce Korbel gold deposit across the ridgeline to the north, with mineralization appearing more consistent and higher grade. Strong potential for valley-scale extension analogous to the exploration pathway that led to the Korbel discovery. Anomaly supported by seven rock samples grading >2 g/t Au including a high of 14.3 g/t Au, and 10 soil samples grading >0.5 g/t Au with a peak of 1.8 g/t Au discovered along the ridgelines above the Portage Creek valley floor. 2026 soil sampling program planned, with a follow-up IP geophysical survey to be undertaken in line with the exploration approach that led to the Korbel discovery. During the 2025 field season, Nova’s geologist team undertook an extensive surface exploration mapping and sampling program across three main areas of the Estelle Project comprised of over 30 traverses covering 75-line kilometers, 430 soil samples, 170 rock samples, and 26 stream sediment samples. Assay results from recent rock and soil sampling have outlined a newly developing large-scale gold-copper system at West Wing. Surface results from the RPM regional and ridgeline areas, including high-grade RPM-style gold assays of up to 24.6 g/t Au, have identified new drill targets at RPM. Assay results from recent rock and soil sampling have identified a significant new gold anomaly at Portage Pass. All results from 2025 soil and rock sampling across the project district have now been reported. 139 soil samples and 68 rock samples were collected along traverses in the central portion of the claim block between Korbel and Stoney/West Wing. A moderate grade anomaly is developing in the headwaters of Portage Creek with 23 soil samples greater or equal to 0.2 g/t Au, including 10 soil samples greater or equal to 0.5 g/t Au. 11 rock samples primarily focused on the Estelle pluton granodiorite are greater than 1.0 g/t Au, including 5 greater or equal to 4 g/t Au and a high of 14.3 g/t Au. The anomalies were identified across two separate traverses of approximately 3.5km and 2.8km, highlighting the potential for this moderate-grade mineralization to extend into the valley in a manner comparable to the Korbel deposit, located immediately north across the ridge. Notably, mineralization identified in talus fines and base of outcrop samples above the Portage Pass valley appears more consistent and of slightly higher grade than that observed at Korbel. A detailed soil sampling grid is planned across the valley in 2026. Subject to the results, a ground-based induced polarization (IP) geophysical survey will be undertaken, following a similar exploration pathway to that which led to the discovery at Korbel. Material PFS test-work results as they become available. Airborne geophysical surveys to commence in the spring of 2026. Antimony phase 1 project updates. Metallurgical test work ongoing. Environmental test work ongoing. West Susitna access road updates. Updated MRE. Updates on the company redomiciliation to the US. Vannu Khounphakdy, Professional Geologist and member of Australian Institute of Geoscientists contracted by Nova Minerals to provide geologic consulting services. Mr. Khounphakdy holds a Master of Science in Mine Geology and Engineering. He is a qualified person with at least 5 years experience with this type of project. By reason of education, affiliation with a professional association, and past relevant work experience, Mr. Khounphakdy fulfills the requirements of Qualified Person (QP) for the purposes of SEC Regulation SK-1300 for data QA/QC checks relevant to this announcement. Hans Hoffman is a State of Alaska Certified Professional Geologist contracted by Nova Minerals to provide geologic consulting services. Mr. Hoffman is a member of the American Institute of Professional Geologists and holds a Bachelor of Science degree in Geological Engineering with a double major in Geology and Geophysics. He is a qualified person with at least 5 years of experience with these types of projects. By reason of education, affiliation with a professional association, and past relevant work experience, Mr. Hoffman fulfills the requirements of Qualified Person (QP) for the purposes of SEC Regulation SK-1300 for the technical information presented in this announcement. Christopher Gerteisen, Chief Executive Officer of Nova Minerals, is a Professional Geologist and member of Australian Institute of Geoscientists, and has supervised the preparation of this news release and has reviewed and approved the scientific and technical information contained herein. Mr. Gerteisen is a qualified person for the purposes of SEC Regulation S-K 1300. Annuncio • Apr 14
Nova Minerals Limited Appoints Ashlie Thorburn as Chief Financial Officer, Effective April 20, 2026 Nova Minerals Limited announced the appointment of Ms. Ashlie Thorburn as Chief Financial Officer (CFO), commencing April 20, 2026. Ms. Thorburn is an accomplished finance executive with more than 20 years’ experience in senior financial leadership roles, primarily within the mining industry across both publicly-listed and private companies. She brings extensive expertise in SEC, TSX and ASX reporting, alongside deep capabilities in financial reporting, audit and compliance, corporate governance, investor relations support, and engagement with boards and audit committees. Ms. Thorburn has also played key roles in debt and equity financings, corporate strategy, and transactions, including public listings and mergers and acquisitions. Most recently, Ms. Thorburn served as the U.S. Finance Lead at Southwest Critical Materials, where she was responsible for acquisition integration, budgeting, treasury management and private equity reporting. Prior to this, she was a Senior Manager at Armanino Advisory, advising on finance transformation, public company readiness and technical accounting matters. Her earlier experiences include senior roles such as Vice President, Controller at Hycroft Mining Holding Corp., where she supported the company’s transition to a public entity and enhanced financial reporting processes, as well as multiple Controller and Corporate Controller positions with a strong track record in strengthening internal controls and supporting early-stage high-growth organizations. Ashlie brings a strong track record in the mineral resources sector, with deep expertise in project financing, capital allocation, and cost control across the mining lifecycle. Her experience includes financial modelling for feasibility studies and mine development, and the implementation of robust reporting frameworks aligned with industry standards. She also has significant experience managing funding strategies for exploration and development assets. Importantly, Ashlie brings extensive experience in U.S. capital markets, including SEC reporting and compliance, financial disclosures, and internal controls. Her background includes oversight of periodic filings, adherence to regulatory requirements, and engagement with U.S.-based institutional investors. This expertise will be instrumental as they continue to strengthen their governance framework and expand their presence in U.S. capital markets as a U.S. domiciled company. Annuncio • Mar 10
Nova Minerals Limited Announces Further High-Grade Gold Discovered At RPM Nova Minerals Limited (“Nova” or the “Company”) announced assay results from its 2025 surface sampling program in the RPM regional and ridgeline area of the Company’s flagship Estelle Gold and Critical Minerals Project, located in the prolific Tintina Gold Belt in Alaska. Highlights: Field observations and 2025 surface assays have identified new gold anomalies emerging to the west of RPM and along the northern end of the main RPM ridgeline; Anomaly highlighted by: Three rock samples grading >10 g/t Au including a high of 24.6 g/t Au (Table 1), and three soil samples grading >1 g/t Au with a peak of 5.5 g/t Au; These results build on earlier surface reconnaissance along the RPM ridge line, which previously returned 20 rock samples > 1.0 g/t Au, with a high of 52.3 g/t Au, and 11 soil samples > 0.5 g/t Au, with a high of 4.8 g/t Au; The RPM ridgeline is slated as a high-priority drill target for 2026 as the Company aims to identify the next high-grade pod similar to RPM North. 2025 Estelle Surficial Reconnaissance Program: During the 2025 field season, Nova’s geologist team, led by General Manager and geologist Mr. Hans Hoffman, undertook an extensive surface exploration mapping and sampling program across three main areas of the Estelle Project comprised of over 30 traverses covering 75-line kilometers, 430 soil samples, 170 rock samples, and 26 stream sediment samples. As a result of that program and reported to date: Assay results from recent rock and soil sampling have outlined a newly developing large-scale gold-copper system at West Wing; Surface results from the RPM regional and ridgeline areas, including high-grade RPM-style gold assays of up to 24.6 g/t Au, have identified new drill targets at RPM, as outlined in this announcement. Further results from 2025 soil and rock sampling across the project district will be reported by area as they are received and processed in the coming weeks. RPM Regional and Ridgeline: Additional sampling was conducted at the northern end of the main RPM ridge as well as along spur ridges 2-3km west of there. At the northern end of the main RPM Ridge, nine soil samples were greater than 0.2 g/t Au, including five greater than 0.4 g/t Au, and a high of 1.6 g/t Au. At this same location, four rock samples were greater than 1.0 g/t Au with a high of 11.7 g/t Au. These samples were collected primarily in granodiorite which was discovered in the creek drainage below the hornfelsed ridges above. Two to three kilometers to the west a season high 24.6 g/t Au quartz-sulfide vein in felsic intrusive was discovered along a spur ridge as well as a 14.6 g/t Au rock sample of sedimentary rock in a drainage just below there. No felsic intrusive had been previously noted in this region. Five soil samples collected in the vicinity were greater than 0.3 g/t Au with high of 1.0 g/t Au. Sampling in this area is relatively sparse and warrants follow-up in 2026. Annuncio • Mar 03
Nova Minerals Limited Confirms New Gold-Copper System Developing at West Wing Nova Minerals Limited announced assay results from its 2025 surface sampling program in the West Wing area within the Company's Estelle Gold and Critical Minerals Project (Estelle or the Project), located in the prolific Tintina Gold Belt in Alaska. Field observations and 2025 surface assay results have delineated a gold-copper anomaly at West Wing measuring approximately 1,500m by 800m. Anomaly supported by: Seven rock samples grading >3 g/t Au including a high of 15.5 g/t Au, and 16 soil samples grading >1 g/t Au with a peak of 3.8 g/t Au, and; These results build on earlier surface reconnaissance at West Wing, which returned rock samples of up to 25.8 g/t Au. During the 2025 field season, Nova's geologist team, led by General Manager and geologist Mr. Hans Hoffman, took an extensive surface exploration mapping and sampling program across three main areas of the Estelle Project comprised of over 30 traverses covering 75-line kilometers, 430 soil samples, 170 rock samples, and 26 stream sediment samples. As a result of that program and reported to date: Assay results from recent rock and soil sampling have outlined a newly developing large-scale gold-copper system at West Wing. Annuncio • Feb 04
Nova Minerals Limited Announces Resignation of Michael Melamed as CFO, Effective 30 April 2026 Nova Minerals Limited announced that as part of the company’s corporate reorganization, Mr. Michael Melamed has provided three months’ notice that he intends to resign from his position as CFO, effective 30 April 2026, to give the company time to identify a suitable replacement. Mr. Melamed has served as CFO since July 2015 and oversaw the company’s financial management and reporting during a significant growth phase, including the advancement of Estelle. Annuncio • Jan 27
Nova Minerals Limited Announces Resignation of Executive Director Louie Simens, Effective January 27, 2026 Nova Minerals Limited advised that Mr. Louie Simens has resigned as an Executive Director of the Company, effective January 27, 2026, for personal reasons. Mr. Simens was appointed to the Board on December 19, 2017 and has served the Company in various capacities, including as interim Executive Chairman during key periods of advancement of the Estelle Gold and Critical Minerals Project and other strategic initiatives. Annuncio • Jan 21
Nova Minerals Limited Confirms Higher-Grade Starter Pit Potential Within the 4.05 Moz Pit-Constrained Korbel Gold Deposit Nova Minerals Limited announced that Technical Report Summary on the Estelle Gold Project, Alaska, USA, with an effective date of January 31, 2024. The S-K 1300 compliant pit-constrained resource at a USD 2,000/oz gold price as per the S-K 1300 Initial Assessment. Technical Report Summary on the Estel Gold Project, Alaska, USA., with an effective date of January 30, 2024. This press release reports the S-K 1300 pit-constrained resource, while the ASX announcement reports the JORC global resource. Drill results from Stibium; Further results and potential new discoveries from the 2025 surface exploration mapping and sampling program; Material FS test-work results as they become available; Updated MRE; Winter trail mobilization of heavy equipment; Airborne geophysical surveys to commence in the spring of 2026; Antimony phase 1 project updates; Metallurgical test work ongoing; Environmental test work ongoing; West Susitna access road updates. Qualified Persons: Vannu Khounphakdee, Professional Geologist and member of Australian Institute of Geoscientists contracted by Nova Minerals to provide geologic geologic geologic geophysical surveys and sampling program; and Updated MRE; Winter trail mobil of heavy equipment; Airborne Geophysical surveys to commence in the Spring of 2026; and Antimony phase 1 project updates. Metallurgical test work ongoing. Environmental test work ongoing; WestSusitna access road updates. Annuncio • Jan 13
Nova Minerals Limited Announces Further Drill Results from RPM Valley Deposit Nova Minerals Limited announced further drill results from the RPM Valley deposit with the 2025 closely spaced infill results returning multiple broad intercepts >1 g/t Au, and visible gold observed in an Estelle Project record intercept of 0.5 m @ 364 g/t Au, within the Company's Estelle Gold and Critical Minerals Project, located in the prolific Tintina Gold Belt in Alaska. Further drill results will be released once received and validated under Nova's QA/QC procedures, after which an updated Mineral Resource Estimate (MRE) will incorporate results from the 2023-2025 drill programs. With all assays now received from the 2025 RPM infill and step-out drilling program, expect these results to positively inform the next mineral resource update. With a number of near-term milestones ahead and a strong pipeline of exploration targets across the broader project area, RPM Valley continues to demonstrate its potential as a key growth asset for Nova. A total of 10 holes were drilled at RPM Valley in 2025, designed to: Conduct infill drilling at the RPM Valley deposit to increase the confidence of the resource. The latest diamond core drill results continue to increase resource confidence at the RPM Valley deposit. It was set at a 040 degree azimuth and a -60 degree dip and missed the valley intrusion, but intersected the bottom of the RPM North granodiorite. Annuncio • Jan 07
Nova Minerals Limited's RPM North Drilling Confirms Further Resource Upside with East Extension Discovery Nova Minerals Limited announced 2025 drilling extends the halo around the high-grade core zone at RPM North with further broad intercepts and a new eastern discovery. RPM Valley results from the high-grade zone expected shortly. Broad near-surface gold intersections continue at RPM North, with the 2025 drill program confirming the eastern strike extension and infill results expected to support potential upgrades to the existing Measured and Indicated Mineral Resources at the main deposit, in support of the Feasibility Study (FS). Significant results include: RPM-080; 180m @ 0.7 g/t Au from 4m, including; "Technical studies and optimization work are progressing to advance the project towards commercial production, and will keep shareholders informed as relevant studies are completed to realize further value from the Estelle Gold and Critical Minerals Project". A total of seven diamond core holes were drilled at RPM North in 2025, designed to: Follow-up previous drilling to the East, where hole RPM-004 intersected 259m @ 0.5 g/t Au from surface. Conduct infill drilling at the main RPM North deposit to increase resource confidence; Add definition to the southern boundary of the ore zone; Test the connection with RPM Valley to the west. The latest diamond core drill results continue to increase resource confidence at RPM North, as well as adding new resource potential to the east. RPM North has exciting resource upside to the east, where drill holes RPM-004, RPM-068, and RPM-070 show extensive intervals of moderate-grade gold hosted in the Kahiltna flysch sedimentary rocks. Annuncio • Dec 19
Nova Minerals Limited has completed a Follow-on Equity Offering in the amount of $20.000289 million. Nova Minerals Limited has completed a Follow-on Equity Offering in the amount of $20.000289 million.
Security Name: American Depositary Shares
Security Type: Depositary Receipt (Common Stock)
Securities Offered: 2,928,300
Price\Range: $6.83
Discount Per Security: $0.4098 Annuncio • Dec 18
Nova Minerals Limited has filed a Follow-on Equity Offering. Nova Minerals Limited has filed a Follow-on Equity Offering.
Security Name: American Depositary Shares
Security Type: Depositary Receipt (Common Stock) Annuncio • Oct 28
Nova Minerals Limited Commences Key Mining and Processing Equipment Procurement to Expediate Antimony Production Nova Minerals Limited announced that the company is well positioned as the sole emerging, fully integrated U.S. antimony producer. 2025 drilling and surface sampling programs have been completed with all assays pending. An updated Mineral Resource Estimate (MRE) will commence once results are received, aimed at further expanding and defining Nova's multi-million ounce gold resource base. All equipment is scheduled for delivery in the coming months, ahead of transportation to site via the snow road in January 2026. Equipment purchases include two ore sorters, following successful ore sorting test work which demonstrated strong potential for onsite recovery and upgrading of antimony ore. The forthcoming Mineral Resource Estimate update is expected to further demonstrate the scale and quality of Nova's growing gold and antimony portfolio in Alaska. Annuncio • Sep 08
Nova Minerals Limited, Annual General Meeting, Nov 11, 2025 Nova Minerals Limited, Annual General Meeting, Nov 11, 2025. Annuncio • Aug 07
Nova Minerals Limited Announces Results from the Styx Antimony Ore Sorting Test Work Program Nova Minerals Limited announced that 500kg bulk ore sorting test work on Styx sample demonstrated positive results from a single pass yielding high antimony recovery of 60.3% in 26.1% of the mass, at a grade of 35.2% Sb (49.1% Sb2S3) - a 2.3 times upgrade from the feed grade 15.2% Sb (24.5% Sb2S3). Gold is beneficially rejected to the antimony ore sorting tail. Test work results demonstrate a gold recovery of 52.5%, upgrading the grade from 1.90 g/t Au to 2.99 g/t Au - an increase of 57.4% which demonstrates a strong potential for synergy between antimony and gold processing circuits at the Estelle Project. The test work confirms that an upgraded, saleable antimony ore concentrate can be produced for further processing, with Nova continuing to explore options to establish a U.S. domestic supply chain for antimony in Alaska. Beneficiation and purification test work are underway to develop and refine the rest of the downstreamflowsheet. Western Defense Supply Chains Under Pressure -- Nova's high-grade antimony discoveries at Estelle offer a potential strategic U.S. solution. With Styx and Stibium now confirmed as high-grade, near-term development prospects, and U.S. government engagement well underway through DIBC membership and DoD grant applications, Nova is fast-tracking a solution to the critical antimony supply gap. Ore Sorting Test Work Results: Nova and METS Engineering (METS) partnered with Steinert Mining (Steinert) to evaluate the amenability of the Estelle ore body to sensor-based ore sorting test. The results from the bulk test demonstrated the Estelle antimony ore is amenable to ore sort upgrading with an XRT algorithm. China's export restrictions on critical minerals have intensified pressure on Western defense supply chains, particularly for antimony -- an essential material in munitions, electronics, and other strategic applications. Nova's Estelle Gold and Critical Minerals Project in Alaska has emerged as a potential U.S.-based solution, delivering high-grade antimony results from surface samples at numerous prospects across the project area. Mr. Connelly has sufficient experience which is relevant to the style of mineralisation and type of deposit under consideration, and to the activity being undertaken to qualify as a Competent Person as defined in the 2012 Edition of the Australasian Code for Reporting of Exploration Results, Exploration Targets, Mineral Resources and Ore Reserves and as Qualified Person as defined in Securities Act of 1933, as amended (S-K 1300). Annuncio • Aug 04
Nova Minerals Limited Achieves High Gold Recoveries at RPM Nova Minerals Limited announced that High pressure grinding rolls (HPGR) crushing test work is in progress to further optimize the flowsheet and provide power cost efficiencies in the PFS. The ability to extract up to 68.7% gold recovery from lower-grade material through heap leaching, combined with a 4.33 times upgrade using ore sorting technology, is a significant technical breakthrough, in opinion. These results underscore the economic potential through innovative processing methods as continue to refine development pathway. These preliminary results strengthen the belief that Estelle is a potential world-class, long-life gold district capable of delivering sustained value to shareholders. Nova remains focused on delivering the next major North American gold mine, and these latest results from RPM bring another step closer to achieving that vision. Particle density X-Ray Transmission (XRT) ore sorting is a proven technology which has been successfully implemented as part of the pre-treatment concentration process in many mines around the world. X-rays are used to examine the density of the rock being sorted in order to separate a target mineral, ore or element from waste prior to the haulage, crushing and processing mining stages. Test work at Steinert was conducted in 2 stages with sighter test work undertaken followed by a large 1,000 kg bulk test. The result from the bulk test program demonstrated the Estelle RPM ore is amenable to ore sort upgrading with a XRT and 3D-laser combination algorithm. Cumulative gold recovery (%), mass pull (%) and grade (g/t) for the Estelle RPM gold bulk sample.ap leaching is a low capital and operating cost alternative to conventional mill processing techniques for gold recovery from lower grade ore sources. This has the potential to significantly increase the gold production from the project. Table 1 presents the results of the column leach test work which shows that at an achievable crush size of 3.35 mm after 59 days of leaching 68.7% gold extraction can be achieved from RPM low grade ore. Annuncio • Jul 21
Nova Minerals Limited Ramps Up Drilling At RPM Nova Minerals Limited announced that the 2025 drilling program has commenced at the high-grade RPM deposit, with two diamond drill rigs and one reverse circulation (RC) rig operating during all daylight hours, currently around the clock under Alaska's continuous daylight. Initial geological observations from the first drillholes are highly encouraging and showing similar characteristics to those previously encountered at RPM North. The RC rig has successfully demonstrated its capability to drill through glacial till, with the first hole achieving 30 meters of penetration within just a few hours. Significant resource upside exists within the highly mineralized valley-fill material, which is believed to be derived from erosion of the high-grade RPM North deposit, where a >1g/t gold-in-soil anomaly extending over 1.7km has been identified, with estimated mineralized thickness of nearly 40 meters. Further exploration mapping and sampling, environmental baseline studies, access road projects, and various technical studies are also underway as part of the ongoing PFS. Progress continues on the potential U.S. Department of Defense grant to fast-track development of the Antimony Project, with the Company anticipating an update in the near term. The first drillhole into the RPM Valley zone has already delivered some of the most promising sulfide mineralization and quartz veining observed at RPM to date. RC drilling program is also performing well, rapidly penetrating glacial till and confirming its effectiveness in testing the mineralized valley-fill material derived from RPM North. This material, averaging over 1g/t gold across surface samples, extends for approximately 1.7 kilometers with estimated thickness nearly 40 meters -- offering substantial potential for near-surface resource upside. Drilling activities at RPM are progressing at full pace, and expect to receive assay results in the near term. Annuncio • Jul 15
Nova Minerals Limited has completed a Follow-on Equity Offering in the amount of $11.1 million. Nova Minerals Limited has completed a Follow-on Equity Offering in the amount of $11.1 million.
Security Name: American Depositary Shares
Security Type: Depositary Receipt (Common Stock)
Securities Offered: 1,200,000
Price\Range: $9.25
Discount Per Security: $0.6475 Annuncio • Jun 24
Nova Minerals Limited Appoints Chaim (Dovi) Berger as an Independent Non-Executive Director, Effective 1 July 2025 and to Appoint to the Audit & Risk Committee and the Remuneration & Nomination Committee Nova Minerals Limited announced that Mr. Chaim (Dovi) Berger has been appointed as an Independent Non-Executive Director with effect from 1 July 2025. Mr. Berger is a U.S.-based finance and legal executive with over 10 years of experience structuring and closing complex transactions. He brings a cross-disciplinary background in corporate law, accounting, taxation, and M&A, coupled with hands-on operational experience in high-growth businesses. Mr. Berger has a proven track record in executing strategic acquisitions, ensuring regulatory compliance, and implementing enterprise-wide financial controls, while leading and mentoring cross-functional teams. He is an admitted attorney and Certified Public Accountant (CPA). Mr. Berger will be appointed to the Audit & Risk Committee and the Remuneration & Nomination Committee. Annuncio • Jun 11
Nova Minerals Limited Commences Antimony-Gold Drilling At Its Stibium Prospect Nova Minerals Limited advised that drilling has commenced at its highly prospective Stibium prospect targeting both gold and antimony mineralization. The first diamond drill rig is now operational, with a second diamond rig and the Company-owned RC rig currently being mobilized and scheduled to begin drilling later in June. A maiden 3,000m diamond drill program is now underway at the Stibium prospect located in close proximity to Nova's Whiskey Bravo camp and the bulk tonnage Korbel gold deposit. The first drill hole is designed to test a potential high-grade gold-antimony zone, delineated through extensive surface sampling. Surface sampling has confirmed a significant mineralised footprint, approximately 800 metres long and 400 metres wide, with standout results including: 12 rock samples > 30% Sb with a high of 60.5% Sb; 10 soil samples > 0.1% Sb with a high the 2.8% Sb; 16 rock samples > 5 g/t Au with a high of 141 g/t Au; 35 soil samples > 1 g/t Au with a High of 25.6 g/t Au; A second diamond drill rig, along with the Company-owned reverse circulation (RC) rig, is currently being mobilized and is scheduled to commence drilling later in June. Nova's application for potential U.S. Department of Defense (DoD) funding to fast track its antimony assets from mining to refining has continued to progress and if successful, upon receipt of such grant funds the Company intends to: Add further diamond drill rigs to this year's exploration program; Develop a antimony metallurgical processing hub at Port Mackenzie, Alaska. Annuncio • May 30
Nova Minerals Limited Outlines Estelle 15,000m Exploration and Project Advancement Plan Nova Minerals Limited announced that preparations are now well underway for the upcoming field season at its over 500km Estelle Project located in the Tintina Gold Belt in Alaska. A 15,000m drill program is set to commence shortly which will focus on key targets at RPM, Stibium, and Korbel. Helicopters, pad building crews, drillers, and geologists are now onsite to commence preparations for the 2025 field program, with drilling expected to commence in the coming weeks. The 2025 field campaign will concentrate on infill and expansion drilling at RPM and Korbel, supporting the advancement of feasibility studies and streamlining the permitting process. Initial drilling will also commence at the Stibium prospect, where surface sampling programs have identified an extensive 800m long by 400m wide gold-antimony rich zone with results up to 141 g/t Au and 60.5% Sb (ASX Announcement: 14 January 2025), aiming to establish a maiden mineral resource estimate for both gold and antimony. A comprehensive multi-element surface sampling exploration program will be carried out across the broader Estelle project area. Pending a successful outcome of its funding application, the Company intends to deploy additional diamond drill rigs to expand the 2025 drilling program. This would allow for extended drilling at the Stibium prospect and the potential commencement of initial drill testing at the highly prospective Styx target. A majority of the drilling undertaken this year will be assayed for gold, antimony, and a suite of multi-elements, with results to be released to the market progressively as laboratory assays are received. To ensure cost efficiency, the 2025 drilling campaign will utilize two diamond drill rigs alongside the Company-owned reverse circulation (RC) rig. Adjustments will be made as needed based on initial drill core observations as the campaign advances, and additional diamond drill rigs will be added if the Company is successful in its application for U.S. Department of Defense funding to fast track its antimony assets. The hornfels/intrusive contact hosts a bulk of the high-grade mineralization encountered at RPM, and testing this eastern extent will follow an observed fault zone that appears to be the primary pathway for late-stage mineralization at RPM. Upgrade the measured and indicated resources at the main RPM deposit and test intrusive dikes to the south. Continue to expand the RPM resource in the valley to the west, by targeting the targeting the hornfels/intr intrusive contact.