Nova Minerals hits high-grade gold at RPM ahead of key resource update

Proactive - Interviews for investors

Nova Minerals Ltd (ASX:NVA, OTCQB:NVAAF) CEO Christopher Gerteisen joins Proactive’s Tylah Tully to discuss significant gold intersections at RPM deposit within the Estelle Gold Project in Alaska, ahead of an updated mineral resource estimate. Notably, the company intersected 29 metres at 7.1 g/t gold from surface, with high-grade sections including 3 metres at 32.2 g/t from 17 metres and 2 metres at 52.7 g/t from 19 metres. These results support Nova’s plans to develop a starter mine at RPM, taking advantage of near-surface mineralisation for early cash flow. All results from the 21-hole 2024 drilling program have been received, confirming high-grade mineralisation. Other significant intersections include 28 metres at 4.5 g/t and 34 metres at 3.9 g/t from surface in separate drill holes. The company is now finalising an updated resource estimate, incorporating these results. Nova Minerals is also advancing a pre-feasibility study for RPM, aiming to establish a low-cost, high-margin operation that will support broader development at Estelle, which contains additional mineral potential including gold, antimony, copper, and silver. #ProactiveInvestors #NovaMinerals #ASX #OTCQB #GoldMining #EstelleGoldProject #AlaskaGold #RPMDeposit #BonanzaGold #HighGradeGold #GoldExploration #MiningUpdates #ResourceEstimates #MineralResources #PreFeasibilityStudy #GoldAssays #CriticalMinerals #Antimony #Copper #Silver #GoldIndustry #MiningNews #GoldInvesting #ASXNVA