Nova Minerals Ltd (AU:NVA) has released an update.
Nova Minerals Ltd has announced the completion of a significant milestone with the preparation of an S-K 1300 Mineral Resource Estimate for its Estelle Gold Project in Alaska, supporting its proposed US listing. The estimate showcases a 76% increase in pit constrained resources compared to the earlier JORC compliant scoping study, with measured and indicated resources also up by 20%. This update reflects the impact of a higher gold price assumption and optimized technical parameters, highlighting the project’s potential in the current gold bull market.
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