North of 60 Mining News - The mining newspaper for Alaska and Canada's North

By Shane Lasley
Mining News 

Most important hole drilled at Estelle

Validates SE Extension of Korbel resource; Nova raises A$21M North of 60 Mining News – November 30, 2020

 

Last updated 12/10/2020 at 5:44pm

Tracked ATV Nova Minerals Ruen Drilling winter exploration Korbel gold Alaska

Nova Minerals Ltd.

Tracked vehicles and a winter road offers Nova Minerals with a relatively low-cost means of transporting goods and supplies to support year-round drilling at Estelle, a gold-rich property about 100 miles northwest of Anchorage, Alaska.

As Americans were preparing for the most unusual Thanksgiving holiday in memory, Australia-based Nova Minerals Ltd. announced results from the "most important" hole drilled to date at Estelle and the raising of A$21 million (US$15.5 million) to fund the ongoing exploration of this rapidly expanding gold project about 100 miles (160 kilometers) northwest of Anchorage, Alaska's largest city.

Korb...



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