The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
Gold resource now 3.3M oz; 2020 drilling expanded to 40,000m North of 60 Mining News – October 9, 2020
Nova Minerals has completed roughly 25,000 meters of drilling so far this year at Estelle and plans to complete 40,000 meters at the Alaska gold project by the end of the year.
Nova Minerals Ltd. Oct. 5 reported a 3.3-million-ounce gold resource for the Korbel deposit on the company’s Estelle gold project in Alaska.
According to this updated calculation, Block B at Korbel hosts 291 million metric tons of inferred resource averaging 0.4 grams per metric ton gold. This is roughly a 32% increase over the maiden resource calculated for Korbel in 2019 and Nova expects to cont...
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