Nova Minerals Ltd. continued its fast-track exploration strategy at the district scale Estelle Gold Project in Alaska, achieving a significant milestone with the release of a JORC compliant 2.5Moz maiden inferred resource at its Korbel prospect in the September quarter to outline the size and scope of the project area. Two diamond drills rig are now turning on Pad 3, aka Block 2 "Starter Pit* area of the Korbel Deposit [...]
Nova Minerals Ltd. is pleased to announce it is now fully funded to fast track development of the Company's flagship Estelle Gold Project located in the prolific Tintina Gold Belt. Total funds raised from the exercise of the 486.8m quoted options exercised since January 2020 is circa A$15.8 million. These funds bolster the Company's already strong cash balance, taking total cash and cash equivalents on hand circa A$15 [...]
Nova Minerals Ltd. is pleased to provide an update on its field activities, within the Company's flagship Estelle Gold Project located in the prolific Tintina Gold Belt. Reconnaissance field activity sampled on the Cathedral target just south of the Korbel blocks . Sampling focused on the quartz-arsenopyrite veining what are present in the outcrops within the target area. Spectacular high-grade gold values of 2.97 g/t to [...]
Nova Minerals Ltd. is pleased to provide an update on its current drilling and assays for the Korbel prospect , within the Company's flagship Estelle Gold Project located in the prolific Tintina Gold Belt. Estelle continues to grow into a very large continuous gold system with further broad intervals at Korbel identified, where mineralisation remains open at depth and strike. Continuity of gold mineralisation confirmed at [...]
Nova Minerals chief executive officer Christopher Gerteisen joins Small Caps to discuss the company's Estelle gold project in Alaska. Nova recently unearthed a 516.61m wide gold intersection at the Korbel prospect - below the existing 2.5Moz resource. To watch the interview, please visit: https://www.abnnewswire.net/lnk/QG4N25JJ About Nova Minerals Ltd: Nova Minerals Ltd. is an ASX-listed minerals explorer focused on [...]
The Directors of Nova Minerals Ltd. are pleased to report that as a result of the acceleration of this year's drilling program, the Company has made significant inroads towards reporting an interim JORC Mineral Resource Estimate for its Estelle Gold project in Alaska that includes areas outboard from the current 2.5Moz Resource block. The Company is confident that it has sufficient data to allow for the estimation of an [...]
Nova Minerals Ltd. continued its fast-track exploration strategy at the district scale Estelle Gold Project in Alaska, achieving a significant milestone with the release of a JORC compliant 2.5Moz maiden inferred resource at its oxide Korbel prospect in the September quarter to outline the size and scope of the project area. There are two diamond drills rig now turning on Pad 3, aka the Block 2 "starter pit" area of the [...]
The Directors of Nova Minerals Ltd. are pleased to provide an update on the drilling results of Holes KBDH-003 and KBDH-004 and the progress of drilling at the Korbel prospect, within the Company's flagship Estelle Gold Project. HIGHLIGHTS: The Korbel Prospect has been tested with two diamond drills rigs, sixteen holes have been drilled to date on Block B Initial holes KBDH-001, KBDH-002 KBDH-003 and KBDH-004 further [...]
On behalf of Torian's Directors, I am pleased to offer Eligible Shareholders the opportunity to participate in a partially underwritten 1:4 renounceable entitlement offer of New Shares in the Company at an Offer Price of A$0.016 per New Share together with 1 attaching New Option for every 2 New Shares subscribed for, to raise up to approximately $2.2 million before issue costs. Mahe Capital have agreed to partially [...]
AUDIO: Nova Minerals Ltd. ABN Newswire talks with Chris Gerteisen, the Managing Director about the recent developments at the Estelle Gold project in Alaska. Recent results and an ongoing drilling program will see a new resource definition in the short term. Operations are now full year, and continuous work on the project will be ongoing due to improved access and a fully functional base camp. To listen to the podcast [...]
Nova Minerals Ltd. is pleased to advise that it has elected to convert the secured convertible notes it holds in Torian Resources Ltd. which was the subject of its ASX release dated 26 March 2020. Nova has agreed to convert all of the Notes, which have a face value of $413,325, into 91,850,000 fully paid ordinary shares in Torian at the conversion price of $0.0045 per share on the following conditions: - Torian to [...]
Torian Resources Ltd. is pleased to advise that Nova Minerals has elected for an early conversion of its convertible note in the Company . Executive Director, Mr Paul Summers said, "We are delighted that Nova has elected to convert its debt at this early stage. Since Nova has come on board at the end of March this year, they have been exceptionally supportive of Torian. In addition to the excellent technical expertise [...]