| Announcement Date: | 2022-10-04 |
|---|---|
| Announcement Type: | Drilling Results |
| Announcement Code: | JORC |
| Company name: | Nova Minerals Ltd. |
| Project name: | Estelle |
| Location: | United States |
| Commodities: | Gold |
| Highlight: | Drilling results incl. 67m at 10.4g/t Au from 112m |
| 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 announce further broad, shallow, and high-grade gold results at the RPM North Deposit, within the Company’s flagship Estelle Gold Trend, located in the prolific Tintina Gold Belt in Alaska. RPM Drilling Summary Infill and extensional resource drilling at RPM is now complete for 2022 and all drill rigs have been remobilized to Korbel. The latest results continue to not only prove up, but now also extend, the areas of high-grade gold mineralization (+2g/t) at the RPM North resource area. Drill holes RPM-022 and RPM-025 were completed as step out holes to test the continuity of highgrade mineralization around hole RPM-005 to prove up and extend the resource beyond the current RPM North Deposit. Results from both RPM-022 and RPM-025 extend out from previous results from RPM-005 (ASX Announcement: 11 October 2021 – 400m @ 3.5 g/t Au, including 132m @ 10.1 g/t Au) and RPM-008 (ASX Announcement: 8 August 2022 – 260m @ 3.6 g/t Au, including 140m @ 6.5 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). |
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