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

By Shane Lasley
Mining News 

Korbel resource expands to 4.7M oz gold

Nova focused on upgrading, expanding the resource in 2021 North of 60 Mining News – April 9, 2021

 

Last updated 4/15/2021 at 3:12pm

Nova Minerals Estelle project Alaska Korbel Main gold resource expansion

Nova Minerals Ltd.

The expanded gold resource at Korbel is based on more than 30,000 meters of drilling completed through the end of 2020.

Nova Minerals Ltd. April 7 announced an updated and expanded resource for the Korbel Main gold deposit on its Estelle project in Alaska.

According to the new calculation, Korbel Main hosts 4.7 million ounces of gold in 518 million metric tons of Australian Joint Ore Reserves Committee- (JORC) compliant inferred resource averaging 0.3 grams per metric ton gold.

Based on the results from recent o...



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