Announcement Date: 2022-08-08
Announcement Type: Drilling Results
Announcement Code: JORC
Company name: Nova Minerals Ltd.
Project name: Estelle
Location: United States
Commodities: Gold
Highlight: Drilling results incl. 140m @ 6.5g/t Au from 44m
Resources: only available to subscribers
CP/QP: only available to subscribers
Announcement summary: Nova Minerals Limited (Nova or the Company) (ASX: NVA, OTC: NVAAF, FSE: QM3) is pleased to again announce bonanza grade gold results at the RPM North Deposit, within the Company’s flagship Estelle Gold Project, located in the prolific Tintina Gold Belt in Alaska. RPM Drilling Summary Infill and extensional resource drilling at RPM is currently ongoing with two rigs at RPM North and one rig at RPM South. The latest results at RPM continue to prove up areas of high-grade gold mineralization (+2g/t) within the existing RPM North resource area. Drillholes RPM-008 and RPM-010 were completed to infill and test the continuity of high-grade mineralization around hole RPM-005 to prove up the resource within the RPM North Deposit to the higher confidence Indicated category. Results from both RPM-008 and RPM-010 support previous results from RPM-005 (ASX Announcement: 11 October 2021 – 132m @ 10.1 g/t Au) which confirms continuity of the high-grade gold zone from surface to a depth of over 250m tested thus far, and remains open at depth (Figure 1). Visible gold was also observed in drill core from RPM-008 as previously reported (ASX Announcement: 28 June 2022). The ongoing drilling program continues to provide high quality geological data that is being collated and interpreted to provide greater deposit knowledge. The nature and geometry of the intrusive
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