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Nova Minerals Initiates Drilling at Stibium Prospect, Eyes Strategic Antimony Supply Role

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Nova Minerals Initiates Drilling at Stibium Prospect, Eyes Strategic Antimony Supply Role

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An update from Nova Minerals ( (AU:NVA) ) is now available.

Nova Minerals has commenced a 3,000-meter diamond drilling program at its Stibium prospect in Alaska, targeting both gold and antimony mineralization. The company is seeking U.S. Department of Defense funding to accelerate its antimony production and establish a metallurgical processing hub, which could enhance its strategic positioning in the supply chain for critical minerals and potentially bolster national security.

More about Nova Minerals

Nova Minerals Limited is a mining company focused on gold and antimony exploration and development. The company operates primarily in Alaska, USA, with a significant focus on its Estelle Gold Project, which includes the Korbel and RPM deposits. Nova aims to establish itself as a key supplier of antimony, a critical mineral, to the United States.

Average Trading Volume: 401,732

Technical Sentiment Signal: Buy

Current Market Cap: A$124.4M

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

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