Nova Minerals (ASX: NVA) has drilled further exceptional broad high-grade gold intersections continue at RPM North and mineralization remains open at the company’s flagship Estelle Gold Trend, located in the prolific Tintina Gold Belt in Alaska.
“I am pleased to report more shallow high‐ grade broad mineralization from our drilling at RPM. This programme is part of a targeted programme designed to allow for further increases to potential Measured and Indicated Resources in the next MRE on the high-grade RPM deposit,” CEO, Christopher Gerteisen, said.
“As we continue with our aggressive 2022 diamond drilling programme, we are excited with the drilling completed to date and how it is all coming together. We are also particularly excited with the geological crew potentially unlocking new RPM and Korbel style targets along the Estelle Gold Trend corridor.
“We remain mindful of the extensive delays currently being experienced in the laboratory assay turnaround times, and look forward to delivering the Phase 2 Scoping Study as soon as the Global MRE is complete and optimized pit models can be finalized.
“The latest results show that it is important that we include as many of the drill results from the current programme as we can in the upcoming MRE. In light of this, PFS level trade off studies have now commence in tandem which aims to optimize the project with a view to increasing the gold production schedule and NPV significantly across the Estelle Gold Trend.
“We are only getting started as we continue on our path to increase resource size, confidence and towards commercial production.”
For further information please visit: https://novaminerals.com.au/
