Quarterly Activities Report
Melbourne, Oct 22, 2021 AEST (ABN Newswire) - Nova Minerals Limited (
ASX:NVA) (QM3:FRA) (NVAAF:OTCMKTS) has continued its drilling programs at Korbel and RPM throughout the Quarter, releasing excellent results. The Infill and Extensional drilling at Korbel have demonstrated continuous mineralisation, and the Company is looking forward to delivering a Resource Upgrade to its existing 4.7Moz resource in Q4.
The now completed drill program at RPM resulted in Bonanza gold grades in RPM-005, and consistent high grades in holes RPM-006, RPM-001 and RPM-002. The Company looks forward to delivering a Maiden Resource for RPM in Q4. Reconnaissance exploration conducted across Estelle has resulted in the discovery of a Polymetallic Vein system at the Stoney Prospect, which the Company intends to investigate further.
HIGHLIGHTS
- Korbel Higher Grade Gold in the Feeder Structure at Korbel Infill Drilling Paves Way for Korbel Indicated MRE Update
- RPM Further High-Grade Intercepts Confirm Continuity at RPM Bonanza Grades at RPM North Including 132 m @ 10.1g/t Au Gold Discovery Confirmed at RPM
- Stoney Extensive Polymetallic Vein System Discovered at Estelle
- Sustainability Nova's First Sustainability Report
To view the full Quarterly Report, please visit:
https://abnnewswire.net/lnk/8750Y94L
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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