Half Yearly Report and Accounts
Melbourne, Mar 15, 2022 AEST (ABN Newswire) - Nova Minerals Limited's (
ASX:NVA) (QM3:FRA) (NVAAF:OTCMKTS) vision is to develop North America's next major gold trend. Located in Alaska's prolific Tintina Gold Belt, the company's flagship Estelle Project is a 35km long corridor of 21 identified gold prospects.
Since the release of the Annual Report, Nova Minerals Limited ("Nova" or the "Company") has continued its fast-track exploration strategy at the Estelle Gold Trend in Alaska. Drilling continued throughout the period with further higher-grade feeder zones discovered at the Korbel Main Deposit (ASX Announcements: 7 October 2021) and a bonanza grade result at the RPM North Deposit of 3.5 g/t Au over 400m, including 10.1 g/t Au over 132m (ASX Announcement 11 October 2021) As a result of this drilling the Company released a maiden JORC compliant 1.5Moz Inferred Resource at its high-grade RPM North Deposit (ASX Announcement 27 October 2021) and significantly upgraded the resource at the Korbel Main Deposit to 8.1Moz, including 3Moz Indicated, which combined now gives the Estelle Project a total mineral resource of 9.6Moz.
*To view the report, please visit:
https://abnnewswire.net/lnk/0Z2WJJPN
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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