Nova Minerals Limited(NVA)

Search documents
Nova Minerals Provides an Invitation to an Investor Webinar
Newsfilter· 2025-02-13 11:30
Core Points - Nova Minerals Limited is hosting a live virtual presentation for shareholders and investors, led by CEO Christopher Gerteisen [1][2] - The presentation will take place on February 18, 2025, at 1:10 PM US EST, as part of the Emerging Growth Company Conference [3] - Attendees will have the opportunity to ask questions during the event, and an archived version will be available on the company's website for those unable to attend live [3] Company Overview - Nova Minerals Limited is focused on the exploration and development of Gold, Antimony, and Critical Minerals, particularly through its Estelle Project in Alaska [4] - The Estelle Project encompasses 514 km² of mining claims and features multiple mining complexes along a 35 km mineralized corridor, with over 20 advanced Gold and Antimony prospects [4] - The project includes two defined multi-million ounce resources and several drill-ready Antimony prospects, with significant stibnite vein systems observed at the surface [4] - The Estelle Project is located 150 km northwest of Anchorage, Alaska, within the Tintina Gold Belt, which has a documented gold endowment exceeding 220 million ounces [4]
Nova Minerals Identifies RPM Style Gold in Regional Sampling Up to 52.3 g/t Au on its Estelle Gold and Critical Minerals Project, in Alaska
Newsfilter· 2025-02-03 11:30
Core Insights - Nova Minerals Limited has announced final results from its 2024 exploration season, highlighting significant gold and antimony mineralization across its Estelle Gold and Critical Minerals Project in Alaska [1][4][24] Exploration Results - The 2024 exploration program included the collection of 511 soil samples, 225 rock samples, and approximately 5 tons of bulk sample material [4] - Notable assay results include: - High-grade antimony and gold at the Styx prospect with grades up to 54.1% Sb and 9.8 g/t Au [4] - Extension of the high-grade gold mineralization zone at the Muddy Creek prospect, with a high of 128.5 g/t Au, now extending 400m to 800m [4] - An 800m long by 400m wide antimony-rich zone at the Stibium prospect with results up to 56.7% Sb and gold results up to 141 g/t Au [5][6] Regional Sampling Highlights - In the wider RPM regional area, 20 out of 40 rock samples collected graded greater than 1 g/t Au, with a high of 52.3 g/t Au [8][9] - Soil samples revealed 11 out of 100 samples greater than 0.5 g/t Au, with a maximum of 4.8 g/t Au [8] - Till sampling yielded 34 out of 138 samples greater than 1 g/t Au, with a high of 3.6 g/t Au [8][15] Geological Insights - The exploration team observed that the ore deposit may be actively eroded by a small pocket glacier, indicating potential for further mineralization discovery [3] - Geologic mapping identified a glacial debris lobe where 68 till samples averaged 1.1 g/t Au over 1.7 km, highlighting significant resource potential [15] Future Plans - The company plans to drill in 2025 to confirm thickness, composition, and grade continuity of the identified mineralization zones [3][15]
Nova Minerals identifies new high-grade zone with samples up to 52.3 g/t at Estelle Gold and Critical Minerals Project
Proactiveinvestors NA· 2025-02-03 10:24
Group 1 - Proactive provides fast, accessible, informative, and actionable business and finance news content to a global investment audience [2][3] - The news team covers medium and small-cap markets, as well as blue-chip companies, commodities, and broader investment stories [3] - Proactive has bureaus and studios in key finance and investing hubs including London, New York, Toronto, Vancouver, Sydney, and Perth [2] Group 2 - The company focuses on sectors such as biotech and pharma, mining and natural resources, battery metals, oil and gas, crypto, and emerging digital and EV technologies [3] - Proactive adopts technology to enhance workflows and improve content production [4][5] - All content published by Proactive is edited and authored by humans, ensuring adherence to best practices in content production and search engine optimization [5]
Nova Minerals unlocks further Estelle potential with samples up to 360 g/t gold and 74.5 ppm gallium
Proactiveinvestors NA· 2025-01-23 11:41
Group 1 - Proactive provides fast, accessible, informative, and actionable business and finance news content to a global investment audience [2][3] - The company focuses on medium and small-cap markets while also covering blue-chip companies, commodities, and broader investment stories [3] - Proactive's news team delivers insights across various sectors including biotech, pharma, mining, natural resources, battery metals, oil and gas, crypto, and emerging technologies [3] Group 2 - Proactive has a strong emphasis on technology adoption, utilizing tools to enhance workflows while maintaining human oversight in content creation [4][5] - The company employs automation and software tools, including generative AI, but ensures all content is edited and authored by humans [5]
Nova Minerals Discovers Further High-Grade Gold at its Wombat Prospect up to 360 g/t Au on its Estelle Gold and Critical Minerals Project, in Alaska
Globenewswire· 2025-01-23 11:30
Core Viewpoint - Nova Minerals Limited has announced significant high-grade gold and gallium surface sample assay results from its 2024 exploration season at the Estelle Gold and Critical Minerals Project in Alaska, highlighting the potential for further exploration and development in the area [1][3]. Exploration Results - The 2024 exploration season yielded 7 rock samples with grades exceeding 2 g/t Au, including a peak of 360 g/t Au, marking it as the second highest gold sample found at Estelle to date [1][5]. - A total of 511 soil samples, 225 rock samples, and approximately 5 tons of bulk sample material were collected during the exploration program [3][4]. - The Wombat prospect showed a gold anomaly with a strike length of up to 1 km, with 7 out of 17 rock samples exceeding 2 g/t Au [5][7]. - Multi-element analysis revealed 10 samples with gallium grades greater than 30 ppm, with a maximum of 74.5 ppm Ga from the Wombat prospect [5][13]. Additional Findings - The Stoney prospect exhibited a gold distribution with five samples greater than 1 g/t Au, alongside significant silver, copper, and antimony components [18]. - The Muddy Creek prospect extended the high-grade gold mineralization zone by an additional 400m to 800m, with a high of 128.5 g/t Au [6]. - The Stibium prospect identified an 800m long by 400m wide antimony-rich zone with results up to 56.7% Sb and gold results of up to 141 g/t Au [6]. Project Overview - The Estelle Project encompasses 514 km of mining claims in Alaska, featuring over 20 advanced gold and antimony prospects, including two defined multi-million ounce resources [31]. - The project is situated in the Tintina Gold Belt, known for its substantial gold endowment and significant mining operations [31].
Nova Minerals Quarterly Activities and Cashflow Report – 31 December 2024
Newsfilter· 2025-01-17 11:30
2024 Surface exploration program delivers further high-grade gold drill results including 29m @ 7.1 g/t Au from surface, gold rock samples up to 141 g/t Au, and high-grade antimony rock samples up to 56.7% Sb U.S. grant applications for antimony development progressing Sale of Snow Lake and extinguishment of the Nebari loan strengthens the Company's balance sheet Caufield, Australia, Jan. 17, 2025 (GLOBE NEWSWIRE) -- Nova Minerals Limited ("Nova" and the "Company") (NASDAQ:NVA) (ASX: NVA), (FRA: QM3), a gol ...
Nova Minerals Quarterly Activities and Cashflow Report – 31 December 2024
Globenewswire· 2025-01-17 11:30
Core Insights - Nova Minerals Limited has reported high-grade gold drill results from its 2024 exploration program, including significant intersections such as 29m at 7.1 g/t Au from surface and rock samples showing up to 141 g/t Au [1][6][11] - The company is advancing its Estelle Gold and Critical Minerals Project in Alaska, focusing on both gold and antimony resources, with ongoing U.S. grant applications for antimony development [1][7][12] - The recent sale of Snow Lake Resources shares and the extinguishment of the Nebari loan have strengthened the company's balance sheet, making it debt-free and increasing cash reserves to approximately A$16 million (US$10 million) [13][17][44] Estelle Project Developments - The 2024 exploration program included 21 drill holes targeting the high-grade RPM deposit, confirming continuity of near-surface high-grade mineralization with multiple intersections grading over 5 g/t Au [5][16] - Assay results from the RPM drilling and surface samples from various prospects, including Muddy Creek, Styx, and Stibium, have shown promising high-grade gold and antimony results [2][3][4] Gold and Antimony Assets - The Stibium prospect has revealed high-grade gold results with samples up to 141 g/t Au and antimony results reaching 56.7% Sb, indicating a significant mineralized zone [6][12] - The Styx prospect has also shown high-grade antimony results, with samples up to 54.1% Sb, suggesting potential for further exploration and development [8][12] Financial Position and Corporate Actions - Following the sale of Snow Lake shares for US$6.73 million (A$10.85 million), the company has improved its cash position significantly [13][44] - The company has eliminated its existing convertible debt facility with Nebari Gold Fund, resulting in a debt-free status and a stronger financial outlook [17][46] Future Plans and Strategic Direction - Nova is working on a Pre-Feasibility Study (PFS) to establish a scalable operation at the RPM deposit, aiming for near-term cash flow and potential partnerships with larger gold companies [12][36] - The company is also exploring options to fast-track the development of the Stibium gold-antimony prospect, especially in light of China's export restrictions on antimony [12][36]
Nova Minerals Identifies Stibium Gold-Antimony Resource Drill Targets on its Estelle Gold and Critical Minerals Project, in Alaska
Newsfilter· 2025-01-13 11:30
Core Viewpoint - Nova Minerals Limited has announced high-grade assay results for gold and antimony from soil samples at the Stibium prospect, indicating significant resource targets within an 800m by 400m zone in the Estelle Gold and Critical Minerals Project in Alaska [1][5]. Group 1: Exploration Results - New drill-ready gold and antimony zones have been identified at Stibium through systematic ground exploration [2]. - Soil samples collected revealed grades up to 141 g/t Au and 60.5% Sb, with 180 soil samples delineating the mineralized zone [2][6]. - The Stibium occurrence is hosted in quartz diorite intrusive rocks and hornfels sedimentary rock, remaining open for further exploration [5][13]. Group 2: Sampling and Assay Data - A total of 511 soil samples and 225 rock samples were collected during the 2024 exploration season, with significant results reported [4]. - Notable assay results include 35 soil samples greater than 1 g/t Au, with a high of 25.6 g/t Au, and 10 soil samples greater than 0.1% Sb, with a high of 2.8% Sb [2][13]. - Rock sampling results for gold include grades of 141.0 g/t Au and several other significant values, while antimony results show grades up to 60.5% Sb [2][6]. Group 3: Future Plans and Strategic Importance - The company plans to commence resource drilling at Stibium in 2025, with a focus on high-grade stibnite veins and gold-bearing quartz veins [3][5]. - Nova is seeking U.S. government grant funding to advance antimony production, highlighting the strategic importance of antimony as a critical mineral for U.S. economic and national security [5][21]. - The Estelle Gold and Critical Minerals Project is positioned in a prolific mining region, with significant gold and antimony prospects identified [21].
Nova Minerals Identifies Stibium Gold-Antimony Resource Drill Targets on its Estelle Gold and Critical Minerals Project, in Alaska
Globenewswire· 2025-01-13 11:30
Anchorage Alaska, Jan. 13, 2025 (GLOBE NEWSWIRE) -- Nova Minerals Limited (“Nova” or the “Company”) (NASDAQ: NVA) (ASX: NVA) (FRA: QM3) ) is pleased to announce assay results for gold and antimony from soil samples collected at the Stibium prospect have now been received and have identified high-grade resource targets within the previously identified 800m long by 400m wide zone at Stibium within the Company’s over 500km2 flagship Estelle Gold and Critical Minerals Project located in the Tintina Gold Belt in ...
Nova Minerals Extinguishes Nebari Debt to Unlock Antimony and Gold Potential
Globenewswire· 2025-01-08 11:30
Caufield, Australia, Jan. 08, 2025 (GLOBE NEWSWIRE) -- Nova Minerals Limited (“Nova” or the “Company”) (NASDAQ: NVA) (ASX: NVA) (FRA: QM3) ) is pleased to advise that the Company has reached an agreement with Nebari Gold Fund 1, LLP (Nebari) for the elimination of its existing convertible debt-facility (Nebari Note), by way of Nebari’s conversion of the full outstanding balance of the Nebari Note into the Company’s ordinary shares (Ordinary Shares). The elimination of the Nebari Note comes shortly after the ...