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An update from Nova Minerals ( (AU:NVA) ) is now available.
Nova Minerals has announced significant advancements in their RPM gold prefeasibility metallurgical test work program, achieving high gold recoveries through innovative processing methods. The company reports a 4.33 times upgrade in ore quality using ore sorting technology and up to 68.7% gold recovery via heap leaching. These results highlight the economic potential of the Estelle Project, positioning Nova as a potential low-cost, high-margin gold producer. The ongoing optimization of their processing flowsheet, including CIP/CIL and HPGR crushing, is expected to enhance resource efficiency and shareholder value.
More about Nova Minerals
Nova Minerals Limited operates in the mining industry, focusing on the exploration and development of gold resources. Their primary project is the Estelle Gold Project in Alaska, where they aim to establish a significant gold mining operation.
YTD Price Performance: -24.32%
Average Trading Volume: 542,395
Technical Sentiment Signal: Sell
Current Market Cap: A$112.4M
For detailed information about NVA stock, go to TipRanks’ Stock Analysis page.