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Nova raises 2020 Estelle exploration funds

North of 60 Mining News – January 17, 2020

 

Last updated 9/26/2020 at 11:42am

Nova Minerals Ltd.

Since this inaugural hole in June of last year, Nova Minerals has outlined 2.5 million ounces of inferred resources at the Oxide Korbel deposits on its Estelle property in Alaska.

Nova Minerals Ltd. Jan. 15 announced it has raised A$4.3 million (US$3 million) to fund the early 2020 exploration program at its Estelle gold project in Alaska.

Located about 100 miles northwest of Anchorage, Alaska's largest city, Estelle hosts 181.3 million metric tons of Australian Joint Ore Reserves Committee- (JORC) compliant inferred resource averaging 0.43 grams per metric ton (2.5 mill...



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