Nova Minerals (ASX:NVA) Research Note: Bonanza Grades at RPM North Including 132m @ 10.1 g/t Au

Nova Minerals Ltd's (ASX:NVA) (FRA:QM3) (OTCMKTS:NVAAF) RPM prospect results confirm the excellent prospectivity of the Estelle mining claims block (324 km2 or 125 sq. miles). RPM is only one of 15 priority targets identified across the property.

Funding: NVA raised $12m @ $0.11 in September, complementing a cash balance in excess of $15m as at 30 June 2021. As such NVA appears well funded to run in parallel the Korbel resource drilling (resource currently standing at 4.7 moz @ 0.3 g/t Au) and the RPM exploration drilling.

Investment Perspective: Subject to further drilling success, this truly exciting discovery could well add tremendous value to NVA shareholders.

To view the Research Report, please visit:
https://abnnewswire.net/lnk/O4HFABW3


About Nova Minerals Limited

Nova Minerals Limited's (ASX:NVA) (FRA:QM3) (OTCMKTS:NVAAF) vision is to develop North America's next major gold trend. The company is focused on exploration in Alaska's prolific Tintina Gold Belt, a province which hosts a 220 million ounce (Moz) documented gold endowment and some of the world's largest gold mines and discoveries including Victoria Gold's Eagle Mine and Kinross Gold Corporation's Fort Knox Gold Mine. The company's flagship Estelle Project has a current total estimated JORC gold resource of 9.6Moz (3Moz Indicated and 6.6Moz Inferred). Estelle is a 45km long string of 15 identified gold prospects bracketed by the Korbel deposit in the north and the RPM deposit in the south. These two deposits are currently host to extensive exploration programs.

Additionally, Nova has an indirect interest in the Canadian Thompson Brothers Lithium Project through a substantial stake in Snow Lake Resources Ltd (NASDAQ:LITM) and holds a 12.99% interest in Torian Resources Limited (ASX:TNR), a gold exploration company based in Western Australia.

   

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Nova Minerals Limited