Just the Facts: Nova Minerals unlocks high-grade gold and gallium at Estelle Project

Proactive - Interviews for investors

Proactive’s Tylah Tully breaks down ‘Just the facts’ of the latest news from Nova Minerals Ltd (ASX:NVA, NASDAQ:NVA). Nova has identified significant high-grade potential at its Estelle Gold and Critical Minerals Project in Alaska’s Tintina Gold Belt. Recent surface sampling at the Wombat prospect delivered exceptionally high-grade results, including 360 g/t gold—the second-highest gold sample recorded at Estelle—and gallium concentrations up to 74.5 ppm. Gallium, listed as a critical mineral by the USGS, is in demand by the US Department of Defense following China’s export restrictions. During the 2024 exploration program, 511 soil samples, 225 rock samples, and 5 tonnes of bulk material were collected. Key highlights include: Wombat: Seventeen rock samples, seven exceeding 2 g/t gold, with grades of 360 g/t and 93.2 g/t gold. Stoney: Samples returned 6.1 g/t gold, 124 ppm silver, 2.4% copper, and 340 ppm antimony. Muddy Creek: Extended high-grade gold mineralisation by 400 metres, with samples up to 128.5 g/t gold. Stibium: An 800-metre by 400-metre zone yielded antimony grades up to 56.7% and gold up to 141 g/t. These results reinforce Estelle’s status as a dual-purpose gold and critical minerals project. Planned drill testing will further evaluate the potential of this promising claim block. #ProactiveInvestors #NovaMinerals, #ASX #NASDAQ #EstelleProject, #GoldExploration, #CriticalMinerals, #Gallium, #GoldMining, #TintinaGoldBelt, #AlaskaMining, #Stibium, #MuddyCreek, #WombatProspect, #MineralExploration, #USDefense, #HighGradeGold, #RareEarthElements, #SustainableMining, #ExplorationUpdates, #MiningIndustry, #ResourceExpansion, #ProactiveAustralia