Quarterly Activities Report
Quarterly Activities Report
Melbourne, Oct 22, 2021 AEST (ABN Newswire) - Nova Minerals Limited (ASX:NVA) (FRA:QM3) (OTCMKTS:NVAAF) has continued its drilling programs at Korbel and RPM throughout the Quarter, releasing excellent results. The Infill and Extensional drilling at Korbel have demonstrated continuous mineralisation, and the Company is looking forward to delivering a Resource Upgrade to its existing 4.7Moz resource in Q4.

The now completed drill program at RPM resulted in Bonanza gold grades in RPM-005, and consistent high grades in holes RPM-006, RPM-001 and RPM-002. The Company looks forward to delivering a Maiden Resource for RPM in Q4. Reconnaissance exploration conducted across Estelle has resulted in the discovery of a Polymetallic Vein system at the Stoney Prospect, which the Company intends to investigate further.

HIGHLIGHTS

- Korbel Higher Grade Gold in the Feeder Structure at Korbel Infill Drilling Paves Way for Korbel Indicated MRE Update

- RPM Further High-Grade Intercepts Confirm Continuity at RPM Bonanza Grades at RPM North Including 132 m @ 10.1g/t Au Gold Discovery Confirmed at RPM

- Stoney Extensive Polymetallic Vein System Discovered at Estelle

- Sustainability Nova's First Sustainability Report

To view the full Quarterly Report, please visit:
https://abnnewswire.net/lnk/8750Y94L


About Nova Minerals Limited

Nova Minerals LtdNova 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.

   


Contact

Nova Minerals Ltd
P: +61-3-9614-0600
F: +61-3-9614-0550
WWW: novaminerals.com.au



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