Nova Minerals (AU:NVA) has released an update.
Nova Minerals Limited has announced the start of drilling and exploration at its Estelle Gold Project in Alaska, aiming to expand and upgrade its already substantial 9.9 million ounce gold resource. The company is advancing a Pre-Feasibility Study (PFS) to explore a scalable production strategy, including a low-capital expenditure option for early cash flow or a larger operation for increased output and lifespan. The PFS includes various advancements such as ore sorting technology to enhance economics, and the exploration of critical elements like Antimony, which could provide additional revenue streams.
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