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Nova Minerals ( (AU:NVA) ) has issued an update.
Nova Minerals has reported further broad, near-surface gold intercepts from its 2025 drilling campaign at the RPM North deposit within the Estelle project in Alaska, confirming an eastern strike extension and reinforcing the continuity of mineralisation around the high-grade core. The new results, alongside pending drill, soil and rock-chip assays, are expected to support upgrades to the Measured and Indicated resource base and will feed into an updated Mineral Resource Estimate and ongoing pre-feasibility work, including metallurgical, mining and optimisation studies, potentially enhancing project economics and moving the Estelle Gold and Critical Minerals Project closer to commercial production.
The most recent analyst rating on (AU:NVA) stock is a Hold with a A$0.89 price target. To see the full list of analyst forecasts on Nova Minerals stock, see the AU:NVA Stock Forecast page.
More about Nova Minerals
Nova Minerals Limited is a gold exploration and development company listed on the ASX, NASDAQ and FSE, focused on advancing its flagship Estelle Gold and Critical Minerals Project in Alaska’s prolific Tintina Gold Belt. The company is progressing resource definition and technical studies aimed at establishing Estelle, and particularly the RPM North deposit, as a potential tier-one North American gold operation.
Average Trading Volume: 3,028,766
Technical Sentiment Signal: Buy
Current Market Cap: A$375.5M
See more data about NVA stock on TipRanks’ Stock Analysis page.