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By Shane Lasley
Mining News 

Estelle resource reaches 9.9M oz gold

Nova Minerals to focus on higher-grade RPM Complex in 2023 North of 60 Mining News - April 12, 2023

 

Last updated 5/17/2023 at 2:07pm

A drill rig tests the high-grade RPM North gold deposit in the Alaska Range.

Nova Minerals Ltd.

A drill testing RPM North, a deposit toward the south end of Estelle that now hosts 4.7 million metric tons of measured and indicated resources averaging 2.3 g/t (340,000 oz) gold.

Nova Minerals Ltd. April 10 announced that the Estelle project in Alaska now hosts 9.9 million ounces of gold in 1.1 billion metric tons of global resource averaging 0.3 grams per metric ton gold. While this represents only a marginal increase over a resource estimate completed a year ago, the company says the more conservative geological modeling used for the current resource better positions...



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