Nova Minerals Collects Bulk Antimony Material for Test Work at its Estelle Gold-Antimony Project, in Alaska

Core Viewpoint - Nova Minerals Limited is advancing its Antimony-Gold prospects at the Estelle Project in Alaska, focusing on the Stibium and Styx areas, with significant antimony discoveries and plans for fast-tracking production [1][4]. Group 1: Antimony Production Efforts - A 2,500 kg bulk sample of antimony-rich material has been collected from Stibium for metallurgical testing [2] - A 500 kg bulk sample has been collected from Styx for similar testing [2] - The company is developing a process flow sheet and plant design to facilitate a fast-track standalone antimony production scenario at Stibium [2][3] - Nova has submitted a proposal to the US Department of Defense for potential grant funding to expedite antimony production at Estelle [2][3] Group 2: Geological Findings - Extensive surface mapping and sampling have confirmed the presence of massive stibnite (antimony) vein zones at both Stibium and Styx [3][4] - A previously reported 2m massive stibnite vein zone at Stibium showed results of 60.5% Sb and 12.7 g/t Au [6] - The company has observed widespread massive stibnite veining, indicating a strong potential for domestic antimony supply [4][6] Group 3: Strategic Positioning - Nova is positioned to capitalize on the recent export restrictions on antimony from China, presenting a first-mover opportunity in the US market [4] - The company is actively engaging with various US government agencies to secure support for its antimony production initiatives [3][4] - The Estelle Project encompasses over 514 km² of mining claims with multiple advanced gold and antimony prospects, highlighting its significant resource potential [8]