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

By Shane Lasley
Mining News 

Scoping study offers glimpse of Korbel mine

Nova now looks toward bringing higher-grade RPM into plan North of 60 Mining News – March 4, 2022

 

Last updated 3/17/2022 at 2:13pm

Korbel Main Estelle Alaska Nova Minerals scoping study RPM open pit mining

Nova Minerals Ltd.

Drilling at Korbel has outlined a bulk tonnage gold deposit with a low strip ratio and is amenable to ore sorting to upgrade ore before being fed into the mill at a future mining operation on the Nova Minerals' Estelle property in Alaska.

Nova Minerals Ltd. Feb. 28 announced the completion of a scoping study that provides a first glimpse of the economics and parameters of developing a mine at the Korbel Main deposit on the company's Estelle gold property in Alaska.

"The company is pleased to announce the strong, positive results of the scoping study which was focused on Korbel Main only to determine whether the resource defined...



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