Snow Lake Receives Permitting for Drilling Campaign
Melbourne, Dec 14, 2021 AEST (ABN Newswire) - Nova Minerals Limited (
ASX:NVA) (QM3:FRA) (NVAAF:OTCMKTS) is pleased to provide an update on its majority owned Snow Lake Resources (Snow Lake), Thompson Brothers Lithium Project.
Snow Lake Resources Ltd. (NASDAQ:LITM) has now received all the necessary permitting for the winter drilling campaign.
Snow Lake Lithium has contracted Big Ice Services, a Canada company from Creighton Saskatchewan to provide Snow Lake with the necessary winter drill access in order to mobilize the diamond drill to the property. Snow Lake will be constructing approximately 12 km (8 miles) of ice trails (see map 1*) to provide winter access to the site. Snow Lake will be collaborating with Kinross Gold (TSE:K) on costs related to the shared portion of the winter access trails.
Snow Lake has also contracted with QB Drilling from Denare Beach Saskatchewan (www.qbdrilling.com/) to provide drilling crews and drill rigs that will allow Snow Lake to drill between 5,000-15,000 meters of core, weather depending. Drilling will take place initially on the current TBL Resource block to further expand the deposit to depth and along strike. Additional drilling will take place on other pegmatite targets that have been identified via historical drilling and our recent successful prospecting expedition (ASX 7 December 2021). The drill crews will be working 24 hours per day and 7 days a week to achieve maximum meters over the course of the winter campaign.
*To view tables and figures, please visit:
https://abnnewswire.net/lnk/R2LCRTE7
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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