Developing North America’s Next Major Gold Trend
Stock Code:
ASX: NVA, OTC: NVAAF
Company Exposure:
Gold
Project Locations:
US, Canada, Australia
Nova Minerals is developing North America’s next major gold trend, Estelle, to become a world-class, tier-one, global gold producer. The company is focused on exploration in Alaska’s prolific Tintina Gold Belt, a province which hosts a 220Moz documented gold endowment and some of the world’s largest gold mines and discoveries including Victoria Gold’s Eagle Mine and Kinross Gold Corporation’s Fort Knox Gold Mine.
The company’s flagship Estelle Gold Project contains multiple mining complexes across a 35km long mineralized corridor of over 20 identified gold prospects, including two already defined multi-million-ounce resources containing a combined 9.6Moz (3Moz Indicated and 6.6Moz Inferred) and are host to extensive ongoing resource development programs
Projects Overview
Estelle Gold Project: 150km northwest of Anchorage, Alaska
- Comprises of 450km2 of unpatented mining claims located on mining friendly state of Alaska public lands, with no federal or native corp lands overlap
- 35km long mineralized corridor with decades of opportunity and multiple large deposits
- High-grade RPM Resource – 1.5Moz @ 2.0g/t Au
- Bulk tonnage Korbel Resource – 8.1Moz @ 0.3g/t Au
- 30,000m of drilling in 2022 + several thousand metres of 2021 drilling not included in the previous 9.6Moz resource to be included in the upcoming global mineral resource estimate (MRE) update
- Phase 2 Scoping Study to follow which is expected to have a significant positive impact on key economic metrics such as NPV and IRR
- Massive resource growth upside 20+ other prospects advancing at varying levels of exploration
- Year-round operation with fully winterized 80-person camp and on-site sample processing facility near large labour force and all essential services
- Access to the project is principally by air, with the nearby Whiskey Bravo airstrip being compliant for DC3 aircraft. Recently the proposed West Susitna Access Road progressed to the environmental permitting stage, with considerable support from both the community and the state government
- Nova’s immediate growth strategy is to increase gold resources, extend deposits and make new large discoveries, while at the same time advancing conceptual mine plans, and environmental, permitting and trade-off studies to get Estelle into production as fast as possible
- Significant gold resource per share with 46oz per 1,000 shares owned
