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(131) stories found containing 'Nova Minerals'


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  • A drill rig set on a beefy drill pad in a rugged Alaska mountain setting.

    Nova Minerals drills first holes at Train

    Shane Lasley, Mining News|Updated Sep 7, 2023

    Nova Minerals Ltd. Aug. 21 announced the start of discovery drilling at Train, a highly prospective gold target about 4.5 miles (seven kilometers) north of the RPM deposit on the company's 9.9-million-ounce Estelle gold project in Alaska. "We are excited to be putting the first holes into our never before drill tested Train prospect where surface gold occurrences collected over several years by geologists have indicated that another large IRGS (intrusive related gold system)...

  • Mining executive and Alaska governor on a ridge overlooking the Skwentna River.

    Alaska governor visits Whistler, Estelle

    Shane Lasley, Mining News|Updated Aug 24, 2023

    Dunleavy takes a first-hand look at mine projects at end of a proposed 100-mile road into West Susitna area. Alaska Gov. Mike Dunleavy and Department of Transportation and Public Facilities Commissioner Ryan Anderson visited the Whistler copper-gold and Estelle gold exploration projects during a recent tour of the western end of the proposed West Susitna Access Road in Southcentral Alaska. Extending 100 miles northwest from Port McKenzie near Anchorage, the West Susitna Road...

  • Aerial view of drill testing for gold in a mountainous area of Alaska.

    Drills target higher-grade gold at RPM

    Shane Lasley, Mining News|Updated Jul 20, 2023

    Nova Minerals Ltd. July 3 announced the start of a 15,000-meter drill program targeting the higher-grade gold mineralization identified in the RPM and Train areas at the southern end of Estelle, a district-scale Alaska property that hosts 1.1 billion metric tons of global resources averaging 0.3 grams per metric ton (9.9 million ounces) gold. "We are very excited to return to the field again in 2023 to continue to build on the exceptional growth we have shown in just four...

  • A geologist investigates a band of oxidized mineralization on a mountain ridge.

    Nova ramps up 2023 Estelle exploration

    Shane Lasley, Mining News|Updated Jun 1, 2023

    Nova Minerals Ltd. May 16 announced that crews and equipment have been mobilized to Estelle for a planned 15,000-meter drill program that will primarily target the higher-grade gold identified in the RPM and Train areas of the property. In April, the company reported that Estelle hosts 1.1 billion metric tons of global resource averaging 0.3 grams per metric ton (9.9 million ounces) gold. According to the new calculation, the Korbel Main deposit at the north end of the...

  • Massive wind turbines on a mountain on Kodiak Island, Alaska.

    Alaska sustainable energy independence

    A.J. Roan, Mining News|Updated Jun 1, 2023

    Coming together to recognize the potential Alaska can bring to the table for the global transition to renewable energy, the 2023 Alaska Sustainable Energy Conference invited leaders in government, academia, industry, and investment from across the globe to participate in discussions and to be educated on the challenges and opportunities that the Last Frontier State presents as it looks forward to the next century of energy. Alaskans often remark about their home being a state...

  • Loose rocks and soil known as talus at the base of rock slopes at Monte Cristo.

    Ragusa explores Monte Cristo gold project

    Shane Lasley, Mining News|Updated May 22, 2023

    Ragusa Minerals Ltd. May 22 announced that sampling carried out toward the end of the 2022 exploration season has identified and confirmed two gold targets on the Monte Cristo project about 100 miles (160 kilometers) northwest of Anchorage, Alaska. Located just east and south of U.S. GoldMining Inc.'s Whistler copper-gold project and Nova Minerals Ltd.'s Estelle property, Monte Cristo is a 125-square-mile (323.7 square kilometers) land package that hosts several gold profits...

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

    Estelle resource reaches 9.9M oz gold

    Shane Lasley, Mining News|Updated May 17, 2023

    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 the project for more detailed studies moving forward. "While the current MRE...

  • Clouds encompass a drill testing for copper and gold from a mountainside perch.

    Whistler owner closes $20 million IPO

    Shane Lasley, Mining News|Updated Apr 27, 2023

    U.S. GoldMining Inc. April 24 announced that it has closed a US$20 million initial public offering that provides the newly minted company with funds for the exploration and development of the Whistler copper-gold-silver project in Alaska. "The launch of U.S. GoldMining supports our confidence in the potential for the Whistler Project and stands testament to the caliber of our team," U.S. GoldMining CEO Tim Smith said upon the completion of the IPO. "U.S. GoldMining is now...

  • Two snowcats plow snow for winter road to gold project in Alaska.

    West-Su Road unlocks AK opportunities

    Shane Lasley, Mining News|Updated Apr 8, 2023

    Extending Alaska's limited road network 100 miles northwest from the Port MacKenzie area near Anchorage into the West Susitna area would open up a new area for Alaskans to visit the great outdoors, provide highway access to this mineral-rich region, and create a new revenue stream for the state, according to an independent economic study carried out by McKinley Research Group. "The West Susitna Road is important for local residents and gaining fair access to hunting, fishing,...

  • A driller tests for gold as the first 2022 snow coats the ground at Estelle.

    Korbel-style gold drilled at Cathedral

    Shane Lasley, Mining News|Updated Mar 17, 2023

    Nova Minerals Ltd. March 9 announced wide gold intercepts from the first ever drilling at Cathedral, a discovery about 1,500 meters southwest of the 8.1-million-ounce Korbel Main gold deposit on the company's Estelle property in Alaska. Reconnaissance exploration at Cathedral target in 2020 included sampling of outcropping quartz-arsenopyrite veining that returned grades as high as 114 grams per metric ton gold. Five other samples collected from this highly prospective target...

  • Stack of large gold bars from the Gil deposit at the Fort Knox Mine in Alaska.

    Golden potential, critical opportunities

    Shane Lasley, Data Mine North|Updated Feb 2, 2023

    Gold dominates Alaska mineral exploration, but a critical shift arises. Since the discovery of gold in what is now the Alaska capital city of Juneau, prospectors, geologists, and fortune seekers have spent more than 140 consecutive summer seasons exploring The Last Frontier's golden potential. With these endeavors turning up rich aurum lodes in every corner of the state, except for the oil-rich North Slope, the nearly century-and-a-half tradition of seeking and discovering wor...

  • Alaska Range mountain backdrops outstretched hand holding gold-rich rock sample.

    Nova trumpets new Estelle gold discovery

    Shane Lasley, Mining News|Updated Jan 19, 2023

    Nova Minerals Ltd. Jan. 15 announced the discovery of a large high-grade gold system within the emerging RPM Mining Complex at the southern end of the company's Estelle property in Alaska. Located about 100 miles (160 kilometers) northwest of Anchorage, Alaska's largest city, the 125-square-mile (324 square kilometers) Estelle property hosts two deposits – Korbel and RPM – with a combined 9.6 million ounces of gold and multiple prospects and targets across an 18-mile- (29 kil...

  • With Alaska mountains as a backdrop, drillers test a high-grade gold deposit.

    9.6M oz of gold and just getting started

    Shane Lasley|Updated Jan 18, 2023

    By the time the calendar flipped to 2022, Nova Minerals Ltd. had outlined 9.6 million ounces of gold in the inferred and indicated resource categories at its Estelle project. And with the drills cutting intercepts such as 258 meters averaging 5.1 grams per metric ton gold, the Australia-based company was quickly adding gold to the resources on this 125-square-mile property about 100 miles northwest of Anchorage, Alaska. In February, Nova published a "snapshot in time" scoping...

  • A helicopter approaches a drill testing the RPM South gold target in Alaska.

    RPM shaping up as a standalone gold mine

    Shane Lasley, Mining News|Updated Dec 22, 2022

    Nova Minerals Ltd. Dec. 21 said its resource expansion drilling at RPM is building a strong case for this high-grade gold deposit to be a second smaller mining center on the company's Estelle project in Alaska. Located about 100 miles (160 kilometers) northwest of Anchorage, Alaska's largest city, the 125-square-mile (324 square kilometers) Estelle property hosts two deposits with a combined 9.6 million ounces of gold and multiple prospects and targets across an 18-mile- (29...

  • Helicopter approaches drill rig testing for gold at Nova’s RPM deposit in AK.

    More high-grade gold for Nova at RPM

    Shane Lasley, Mining News|Updated Oct 20, 2022

    Nova Minerals Ltd. Oct. 4 reported that drilling continues to cut wide sections of strong gold mineralization at the RPM North deposit on the Australian company's Estelle project in Alaska. Located about 100 miles (160 kilometers) northwest of Anchorage, Alaska's largest city, the 125-square-mile (324 square kilometers) Estelle property hosts two deposits with a combined 9.6 million ounces of gold and multiple of prospects and targets across an 18-mile- (29 kilometers) long...

  • Tin solder is being used to repair a computer microcircuit.

    Overlooked tin connects the Digital Age

    Shane Lasley, Data Mine North|Updated Sep 15, 2022

    From flashlights to supercomputers, tin is the glue for an electronic age Lost in the clamor for lithium, nickel and other metals needed for the batteries powering electric vehicles and modern electronics, or the rare earth elements that turn stored energy into motion, is the enormous need for a much more modest metal that is so fundamental to the advancement of technology that it almost goes unseen – tin. While other technology metals are critical to certain products and s...

  • The Cathedral target lies beyond a drill testing Korbel in the valley.

    Nova Minerals begins drilling Cathedral

    Shane Lasley, Mining News|Updated Sep 8, 2022

    Tests potential high-grade zone near Korbel Main gold deposit Nova Minerals Ltd. Aug. 30 reported the start of drilling at Cathedral, an exploration target about 1,000 meters southwest of the 8.1-million-ounce Korbel Main gold deposit on the company's Estelle property in Alaska. Reconnaissance exploration at Cathedral target in 2020 included sampling of outcropping quartz-arsenopyrite veining that returned grades as high as 114 grams per metric ton gold. Five other samples...

  • With an Alaska mountain backdrop, a driller waves from a pad at RPM North.

    Nova drills 258m of 5.1 g/t gold at RPM

    Shane Lasley, Mining News|Updated Sep 3, 2022

    Nova Minerals Ltd. Aug. 22 followed up on the long sections of high-grade gold assays reported earlier this month from drilling at RPM North with even longer sections of higher-grade gold at this exciting gold deposit on the Australia-based explorer's Estelle property in Alaska. Located about 16 miles south of the 8.1-million-ounce Korbel gold deposit at the north end of the Estelle property, RPM hosts 23.1 million metric tons of inferred resource averaging two grams per...

  • Northwest Territories First Nation drummers perform on an ore sorter catwalk.

    Ore sorting upgrades North of 60 mines

    Shane Lasley, Mining News|Updated Sep 3, 2022

    "Grade is king" is an adage that guides mineral exploration and mining. The premise behind this basic axiom of the mining business is the less ore that needs to be mined and processed per ounce of precious metals, pound of base metals, kilogram of critical minerals, or carat of gemstones produced, the more profitable an operation will be. The kingliest of orebodies would be of such high grade that a mining company would simply need to dig up the ore, crush it, and then ship it...

  • Ruen Drilling rig tests RPM South gold prospect on Estelle project in Alaska.

    Nova drills 140m of 6.5 g/t gold at RPM

    Shane Lasley, Mining News|Updated Aug 18, 2022

    Wide sections of high-grade gold cut in the first holes drilled this year at RPM North continue to demonstrate the robust nature of this emerging gold deposit on Nova Minerals Ltd.'s Estelle property in Alaska. Located about 16 miles south of the 8.1-million-ounce Korbel gold deposit at the north end of the Estelle property, RPM hosts 23.1 million metric tons of JORC-compliant inferred resource averaging two grams per metric ton (1.5 million oz) gold. With only six holes...

  • Flow sheet showing the gold recovery process considered for RPM deposit.

    Encouraging gold recoveries from RPM

    Shane Lasley, Mining News|Updated Aug 11, 2022

    Nova Minerals Ltd. Aug. 8 reported highly encouraging gold recovery results from its first phase of metallurgical test work on mineralization from its high-grade RPM North deposit on the Estelle property in Alaska. Currently, it is envisioned that ore mined from RPM would be transported to a central processing facility at Korbel, a larger but lower grade gold deposit that lies about 16 miles to the north. According to an initial scoping study completed earlier this year, a...

  • Drillers collecting core from first 2022 hole at RPM gold deposit in Alaska.

    Nova begins drilling at RPM gold deposit

    Shane Lasley, Mining News|Updated Jun 23, 2022

    Nova Minerals Ltd. June 16 announced the start of the 2022 drill program at the high-grade RPM gold deposit on the Australia-based company's Estelle project in Alaska. Based on one hole drilled in 2012 and six completed by Nova last year, RPM North hosts 23.1 million metric tons of JORC-compliant inferred resource averaging 2 grams per metric ton (1.5 million oz) gold. Nova plans to drill more than 40 holes focused on expanding and upgrading this resource. This drilling...

  • With snow on the ground, Ruen begins 2022 drilling at the Estelle gold property.

    Nova Minerals resumes drilling at Estelle

    Shane Lasley, Mining News|Updated Jun 16, 2022

    Nova Minerals Ltd. May 15 announced that it has begun an up to 50,000-meter drill program slated for this year at its Estelle gold property in Alaska. With the drills focused on expanding and upgrading both the Korbel and RPM deposits for inclusion in the phase-two scoping study to be completed later this year and a prefeasibility study in 2023, Nova says this year's program is the most important for the company so far. "This is another transformational year for Nova and we...

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

    Scoping study offers glimpse of Korbel mine

    Shane Lasley, Mining News|Updated Mar 17, 2022

    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 at the deposit to date can support a potentially viable stand-alone starter...

  • U.S. GoldMining Whistler project Alaska Island Mountain copper gold new company

    GoldMining spinning out Whistler project

    Shane Lasley, Mining News|Updated Mar 10, 2022

    GoldMining Inc. Feb. 28 announced the creation of a new subsidiary, U.S. GoldMining Inc., to advance the company's Whistler copper-gold-silver project adjacent to Nova Minerals Ltd.'s Estelle gold project in Alaska. The Whistler, Raintree West, and Island Mountain deposits on the roughly 42,000-acre Whistler property host 118.2 million metric tons of indicated resource averaging 0.51 grams per metric ton (1.94 million ounces) gold, 2.19 g/t (8.3 million oz) silver, and 0.16%...

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