Quarterly Activities Report
Melbourne, April 30, 2021 AEST (ABN Newswire) - Nova Minerals Limited (
ASX:NVA) (QM3:FRA) (NVAAF:OTCMKTS) continued to grow the Estelle Gold Project throughout the Quarter, culminating in another significant milestone, the release of a JORC Compliant 4.7Moz Resource at Korbel Main in April 2021 (ASX 07 April 2021), while concurrently running test work to feed into the Interim Scoping Study for Korbel Main prospect (one of 15 known prospects across the Estelle gold district).
HIGHLIGHTS
- Global Resource at Korbel Main Grows to 4.7Moz Gold
- Wide Near Surface Intersections at Korbel Main South-East Extend Strike of Already Identified Mineralised Zone by 30%
- Further Indications of Higher-Grade Zones at Korbel Main
- Further Gold Zone Extension Confirmed at Korbel Main North west and South East
- Continued Expansion of the Korbel Gold Deposit
- Nova Confirms Exceptional Ore Sorting Viability at Korbel
- Interim Scoping Study is Underway
- Estelle Gold Camp Extended, will Soon Include On-Site Prep Lab for additional cost efficiencies
- Nova is Delivering Responsible ESG Business Practices that Lead to Both the Creation of Strong Economic Returns for our Shareholders, and Shared Value for our Stakeholders.
- Snow Lake Resources to Raise up to $23m in an IPO
- RotorX Aircraft Manufacturing Grows, Electric Helicopter in Development
To view the full quarterly report, please visit:
https://abnnewswire.net/lnk/0Q58SY2V
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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