Core Viewpoint - Nova Minerals Limited has announced positive results from shallow reverse circulation drilling at the Korbel Main Deposit, indicating the potential for a higher-grade starter pit within its Estelle Gold and Critical Minerals Project in Alaska [1][3][4]. Drilling Results - A total of 14 reverse circulation (RC) holes were drilled at the Korbel Main Deposit, targeting a near-surface, higher-grade core within a bulk-tonnage resource of 2.7 million ounces (Moz) of gold at a grade of 0.3 grams per tonne (g/t) [5][7]. - Significant intercepts from the drilling program include: - 19 meters at 0.6 g/t Au from surface, including 6 meters at 1.0 g/t Au [7][18]. - 25 meters at 0.5 g/t Au from 1 meter, including 8 meters at 0.8 g/t Au [7][18]. - 9 meters at 1.2 g/t Au from 1 meter [7][18]. - The drilling results support the planning of a potential pilot starter pit approximately 250 meters long, 80 meters wide, and 20 meters deep [5][7]. Economic Implications - With current gold prices around US$4,600 per ounce, the combined resource of 4.05 Moz at Korbel is expected to significantly contribute to the economics of the ongoing feasibility study [4][6]. - The potential for ore sorting has been highlighted, with previous tests showing the ability to upgrade material from 0.4 g/t Au to over 6 g/t Au, which could lower processing costs and increase production [5][7]. Project Overview - The Estelle Gold and Critical Minerals Project is located in the Tintina Gold Belt, which is known for its substantial gold endowment [29]. - The project hosts two defined multi-million-ounce gold resources and is advancing towards production, with a focus on securing a domestic supply of critical minerals [28][29]. Future Developments - Upcoming milestones include further results from surface exploration, updates on the feasibility study, and ongoing metallurgical and environmental test work [31].

Core Insights - Talisker Resources Ltd. has initiated the second stage of laser-based ore sorting at the Bralorne Gold Project in British Columbia, aiming to evaluate performance under economic conditions and compare it to full-scale production projections [1] - A total of 400 kilograms of material from the Mustang Mine has been sent to Tomra's test center in Germany for ore-sorter testing, which includes various gold grade ranges [2] - The first phase of ore sorting at Bralorne achieved an increase in average feed grade from 14.4 grams per tonne to 27.8 grams per tonne, with gold recoveries between 95% and 99% [3] Company Overview - Talisker Resources Ltd. is a junior resource company focused on gold exploration and development in British Columbia, with its flagship asset being the Bralorne Gold Project [5] - The company is transitioning into underground production at the Mustang Mine and also holds other projects, including the Ladner Gold Project and the Spences Bridge Project [5] Technology and Methodology - Tomra's multi-channel laser sorting technology separates quartz veins from waste material using a scattering effect of multiple laser beams, enhancing the efficiency of ore sorting [3] - The second ore-sorting study aims to confirm the results of the preliminary study and assess the economic impact related to trucking and milling efficiencies [4]