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Nova Minerals Advances Estelle Project with New Drilling Program

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Nova Minerals Advances Estelle Project with New Drilling Program

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Nova Minerals ( (AU:NVA) ) has shared an update.

Nova Minerals has commenced a 15,000-meter drill program at its Estelle Project in Alaska, targeting gold at the RPM and Korbel deposits and antimony at the Stibium prospect. The initiative aims to advance these deposits towards feasibility and permitting, with a focus on resource growth and exploration. The company is also progressing its application for a U.S. Department of Defense grant, which could fast-track the development of its antimony project, potentially expanding its drilling program and enhancing its strategic positioning in the market.

More about Nova Minerals

Nova Minerals is a company operating in the mining industry, primarily focused on the exploration and development of gold and antimony resources. The company is engaged in advancing multiple gold deposits and antimony prospects, with a significant market focus on leveraging high-value mineral assets.

YTD Price Performance: -32.43%

Average Trading Volume: 535,323

Technical Sentiment Signal: Sell

Current Market Cap: A$100.4M

For detailed information about NVA stock, go to TipRanks’ Stock Analysis page.

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