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By Shane Lasley
Mining News 

Nova is well funded to advance Estelle

Explorer has $11m in bank with 70% of 2020 drilling complete North of 60 Mining News – September 4, 2020


Last updated 9/26/2020 at 3:25pm

Estelle Korbel Alaska Range resource expansion drill program

Nova Minerals Ltd.

The 2020 drill program at Estelle has tapped gold mineralization below and beside the 2.5-million-oz gold resource already outlined at Korbel blocks A and B.

Australia-based Nova Minerals Ltd. Aug. 31 announced it has plenty of cash in the bank to advance Korbel resource blocks A and B at its Estelle gold project in Alaska through the preliminary economic assessment stage and begin exploration of several nearby targets.

Since the beginning of the year Nova has raised roughly A$15.8 million (US$11.7 million) through the exercise of 486.8 million opti...

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