Initiation of Coverage by Evolution Capital Advisors
Sydney, June 16, 2020 AEST (ABN Newswire) - Nova Minerals Limited (
ASX:NVA) (NVAAF:OTCMKTS) (QM3:FRA) Initiation of Coverage by Evolution Capital Advisors.
The Estelle Gold project is located in a world-class district within the premier Tintina Gold Belt (Alaska) that hosts >220 Moz in mostly bulk tonnage, low grade but high margin deposits.
Estelle is a near-surface Intrusion Related Gold System (IRGS) deposit. The Tintina Gold Belt contains a number of IRGS deposits with low grade multi-million ounces gold mineral resources.
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About Nova Minerals Limited
Nova Minerals Limited (ASX:NVA) (FRA:QM3) is a Gold, Antimony and Critical Minerals exploration and development company focused on advancing the Estelle Project, comprised of 514 km2 of State of Alaska mining claims, which contains multiple mining complexes across a 35 km long mineralized corridor of over 20 advanced Gold and Antimony prospects, including two already defined multi-million ounce resources, and several drill ready Antimony prospects with massive outcropping stibnite vein systems observed at surface. The 85% owned project is located 150 km northwest of Anchorage, Alaska, USA, in the prolific Tintina Gold Belt, a province which hosts a >220 million ounce (Moz) documented gold endowment and some of the world's largest gold mines and discoveries including, Barrick's Donlin Creek Gold Project and Kinross Gold Corporation's Fort Knox Gold Mine. The belt also hosts significant Antimony deposits and was a historical North American Antimony producer.
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