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(130) stories found containing 'Nova Minerals'


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  • Nova Minerals RPM North map drill program 2022 Estelle property assay highlights

    Nova plans major drill program at RPM

    Shane Lasley, Mining News|Updated Feb 28, 2022

    Nova Minerals Ltd. Jan. 19 announced plans to complete more than 20,000 meters of drilling to expand upon the wide sections of high-grade gold mineralization encountered last year at the RPM North deposit on its Estelle gold property in Alaska. Located toward the south end of the Estelle property, RPM North is a relatively early-stage deposit that Nova Minerals only started drilling in 2021. Following up on a 2012 hole drilled by a previous operator that cut 177.4 meters...

  • Exploring Alaska's golden mining future

    Shane Lasley, Data Mine North|Updated Feb 24, 2022

    While copper has the potential to be a major contributor to Alaska's economic future, this "new oil" of the low-carbon economy will be hard-pressed to beat out the old money being produced at current and coming gold mines across the Last Frontier. This is due in large part to Kinross Gold Corp.'s new "Kinross Alaska" strategy that is leveraging the underutilized 14-million-metric-ton-per-year mill and storage capacity at Fort Knox to process higher-grade ore mined from...

  • assays pending 2022 Victoria Gold HighGold Mining Benchmark Metals

    Assays are still pending going into 2022

    Shane Lasley, Mining News|Updated Feb 3, 2022

    Assays are pending, the unofficial slogan of the 2021 mineral exploration season across Alaska and Canada's North, is a phrase that continues to echo in a void left by the lack of drill results going into the new year. "'Assays pending' has become one of the least popular phrases around the industry this year, given the painfully slow turnaround time at the labs," Tectonic Metals Inc. President and CEO Tony Reda penned in a year-end update on the Vancouver, British Columbia-ba...

  • Nova Minerals Estelle property Alaska Korbel Main RPM assay highlights program

    Nova Minerals excited about Estelle gold

    Shane Lasley, Data Mine North|Updated Jan 26, 2022

    Seeking to expand and upgrade its multi-million-ounce Korbel gold deposit in preparation for feasibility-level studies and explore the intriguing gold targets across the 125-square-mile (324 square kilometers) Estelle property, Australian explorer Nova Minerals Ltd. carried out one of the largest mineral exploration projects in Alaska during 2021. Located about 100 miles northwest of Anchorage, Alaska's largest city, the 18-mile-long Estelle property covers more than a dozen...

  • Alaska gold exploration drilling and potential multimillion ounce mine

    Estelle now hosts 9.6 million oz of gold

    Shane Lasley, Mining News|Updated Jan 6, 2022

    Nova Minerals Ltd. Dec. 22 announced that drilling has now outlined 9.6 million ounces of gold at its Estelle property in Alaska, a 55% increase over the 6.2 million oz reported by the Australia-based exploration company in October. The previous calculation brought in the first ever resource for RPM, the second deposit outlined so far at Estelle. The new calculation upgrades and expands upon the larger Korbel Main deposit. According to the latest resource update the Korbel Mai...

  • ice road winter snow cat Nova Minerals estelle gold exploration

    AIDEA receives West Susitna Road funding

    Shane Lasley, Mining News|Updated Nov 14, 2021

    The Alaska Industrial Development and Export Authority Oct. 27 announced the receipt of $8.5 million in funds for the advancement of predevelopment work for the West Susitna Access Road project, which would extend into resource-rich areas west of Cook Inlet in Southcentral Alaska. "Investing in access projects creates the infrastructure necessary to bring natural resources to market, which creates good-paying jobs for Alaskan families and generates local tax revenue that...

  • Nova Minerals RPM North Estelle Alaska map maiden resource calculation Korbel

    Nova outlines 1.5M oz gold at RPM North

    Shane Lasley, Mining News|Updated Nov 4, 2021

    Nova Minerals Ltd. Oct. 27 announced that a maiden inferred resource of 1.5 million ounces gold has been calculated for the RPM North deposit, bringing the total gold outlined so far at the company's Estelle property in Alaska to 6.2 million oz. "RPM North is an exceptional new gold discovery within the Estelle Gold district which highlights the massive upside potential of this project. This has really changed the future for Nova and our shareholders," said Nova Minerals CEO C...

  • Nova Minerals Australia Estelle Alaska Korbel Main RPM North assay results map

    Drill cuts wide gold mineralization at RPM

    Shane Lasley, Mining News|Updated Oct 28, 2021

    Nova Minerals Ltd. Oct. 18 reported two additional long intercepts of strong gold mineralization from this year's drilling at the RPM North target on the Australian company's Estelle gold project in Alaska. Situated about 16 miles (25 kilometers) south of Korbel, where Nova has outlined 4.7 million ounces of gold in 518 million metric tons of inferred resource averaging 0.3 grams per metric ton gold, RPM is emerging as the second large gold deposit at Estelle. One hole...

  • Nova Minerals RPM gold exploration drilling Estelle Alaska

    Spectacular gold intercept revs up RPM

    Shane Lasley, Mining News|Updated Oct 21, 2021

    While one hole does not make a deposit, the long section of strong gold mineralization in Nova Minerals Ltd.'s fifth hole at the RPM North prospect on its Estelle project in Alaska is a superb start. Situated about 16 miles (25 kilometers) south of Korbel, where Nova has outlined 4.7 million ounces of gold in 518 million metric tons of inferred resource averaging 0.3 grams per metric ton gold, RPM is a high-priority target that Nova has been anxious to drill. One hole drilled...

  • map Nova Minerals Estelle Korbel Alaska Stoney Vein Rainy Day highlights

    Large vein system discovered at Estelle

    Shane Lasley, Mining News|Updated Sep 23, 2021

    Nova Minerals Ltd. Sept. 20 announced that its 2021 reconnaissance exploration has discovered an extensive gold, silver, and copper mineralized zone between the Korbel gold deposit and RPM target on the company's Estelle property in Alaska. While investigating what appeared to be high-grade mineralization at the Stoney vein, a color anomaly at what is now referred to as the Rainy Day vein, and determine the source of the magnetic anomaly at the T5 prospect, Nova Minerals...

  • Nova Minerals Korbel deposit assay results Estelle property intercepts map

    Positive results from slow Korbel assays

    Shane Lasley, Mining News|Updated Sep 9, 2021

    Nova Minerals Ltd. Sept. 1 reported that infill drilling of the Korbel deposit on its Estelle gold project in Alaska continues to confirm the continuity and expand upon the resource outlined there. According to an April calculation, the Korbel Main deposit hosts 4.7 million ounces of gold in 518 million metric tons of inferred resource averaging 0.3 grams per metric ton gold. This year's drilling is focused on upgrading and expanding this resource, as well as establishing a...

  • Nova Minerals South32 Northern Star Resources Estelle gold property Alaska

    Matching enormous Estelle gold potential

    Shane Lasley, Mining News|Updated Aug 26, 2021

    Adding to the major Australian investments in unlocking Alaska's mineral potential by South32 Ltd. and Northern Star Resources Ltd., junior explorer Nova Minerals Ltd. is briskly expanding the multi-million-ounce gold resource it has outlined over the past three years on its Estelle gold property in the state's Southcentral region. According to a calculation published in April, the Korbel Main deposit at Estelle hosts 518 million metric tons of inferred resource averaging 0.3...

  • Australian investments Alaska North of 60 Mining News White Rock Minerals

    Aussie investments in AK mining top $100M

    Shane Lasley, Mining News|Updated Aug 26, 2021

    Accounting for at least US$100 million invested in mineral exploration and mine development in Alaska during 2021, Australian companies continue to work along the entire breadth of the Last Frontier's mining industry – from discovery to doré. Following a year in which COVID-19 protocols and travel restrictions made exploring Alaska challenging, especially for companies headquartered half a world away, this impressive investment in Alaska's mining sector demonstrates that Do...

  • Discovery Africa Ragusa Minerals Monte Cristo Partin Creek Australia Alaska

    Two Aussie mineral explorers enter Alaska

    Shane Lasley, Mining News|Updated Aug 5, 2021

    Alaska's largely untapped mineral potential continues to draw the interest of Down Under mining companies, including two Australian minerals explorers that picked up prospective land packages open to staking. Earlier this month, Australia-based Ragusa Minerals Ltd. announced that it had acquired Monte Cristo, a block of 500 state mining claims covering a 35-mile-long (55 kilometers) under-explored stretch of Southcentral Alaska east and south of two projects with...

  • Monte Cristo Kahiltna Terrane GoldMining Nova Minerals Ragusa map Alaska mining

    New Aussie mineral explorer enters Alaska

    Shane Lasley, Mining News|Updated Jul 22, 2021

    A new Australian company has entered the Alaska gold exploration scene with a deal to acquire Monte Cristo, a 125-square-mile (324 square kilometers) underexplored project in the Kahiltna Terrane area. Consisting of 500 state mining claims, Monte Cristo covers a 35-mile-long (55 kilometers) under-explored stretch of Southcentral Alaska east and south of two projects with multi-million-ounce gold resources – GoldMining Inc.'s Whistler gold-silver-copper project and Nova M...

  • GoldMining Whistler Alaska Nova Minerals Estelle gold project Brazil Resources

    GoldMining updates resource at Whistler

    Shane Lasley, Mining News|Updated Jul 1, 2021

    GoldMining Inc. June 21 published an updated mineral resource estimate for its Whistler gold-silver-copper project adjacent to Nova Minerals Ltd.'s Estelle gold project in Southcentral Alaska. According to the new calculation, the Whistler, Island Mountain, and Raintree West deposits at Whistler 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% (422 million pounds)...

  • Nova Minerals RPM Estelle gold property Korbel 2021 Alaska mining drilling map

    Nova drilling high-grade RPM gold target

    Shane Lasley, Mining News|Updated Jun 24, 2021

    Nova Minerals Ltd. June 16 announced the start of drilling at RPM, a potentially higher-grade zone that represents the next stage of growth on the company's Estelle gold property in Alaska. Situated about 16 miles (25 kilometers) south of Korbel, where Nova has outlined 4.7 million ounces of gold in 518 million metric tons of inferred resource averaging 0.3 grams per metric ton gold, RPM is a high-priority exploration target with very high gold grades at surface. One hole...

  • Nova Minerals Alaska Estelle infill drilling Korbel Main Anchorage JORC

    First results from 2021 Estelle drilling

    Shane Lasley, Mining News|Updated Jun 24, 2021

    Nova Minerals Ltd. June 8 reported strong gold mineralization encountered during infill drilling at the Korbel Main deposit at the company's Estelle gold property in Southcentral Alaska. Situated about 100 miles (160 kilometers) northwest of Anchorage, Alaska's largest city, Estelle blankets 85 square miles (220 square kilometers) of gold-rich geology. While more than a dozen targets have been identified across the 18-mile- (29 kilometers) length of Estelle, Nova is currently...

  • Nova Minerals Estelle project Alaska Korbel Main gold resource expansion

    Korbel resource expands to 4.7M oz gold

    Shane Lasley, Mining News|Updated Apr 15, 2021

    Nova Minerals Ltd. April 7 announced an updated and expanded resource for the Korbel Main gold deposit on its Estelle project in Alaska. According to the new calculation, Korbel Main hosts 4.7 million ounces of gold in 518 million metric tons of Australian Joint Ore Reserves Committee- (JORC) compliant inferred resource averaging 0.3 grams per metric ton gold. Based on the results from recent ore sorting studies that show a significant improvement in mill feed grades, the new...

  • Fraser Institute Annual Survey of Mining Companies 2020 Alaska infrastructure

    Geology is in the eye of the beholder

    Shane Lasley, Mining News|Updated Mar 25, 2021

    The American Southwest is the best place in the world to find, permit, and build a mine, according to the mining executives that responded to the Fraser Institute's Annual Survey of Mining Companies, 2020. Nevada, which is a perennial top-5 contender when it comes to "investment attractiveness", reclaimed the top spot from Western Australia in the latest edition of the Fraser mining survey. Arizona moved up from seven places to claim the No. 2 position in this category....

  • Nova Minerals XRT ore sorter TOMRA Estelle gold project Korbel Main map JORC

    Nova affirms Korbel ore sorting viability

    Shane Lasley, Mining News|Updated Mar 18, 2021

    Nova Minerals Ltd. March 15 said it is encouraged by the results from ore sorting tests completed on material sourced from the Korbel Main deposit on its Estelle gold project in Alaska. According to the most recent calculation, Korbel Main hosts 3.28 million ounces of gold in 291 million metric tons of Australian Joint Ore Reserves Committee- (JORC) compliant inferred resource averaging 0.35 grams per metric ton gold. This resource is expected to be expanded with a new...

  • map Korbel Main Nova Minerals Estelle Christopher Gerteisen extension growth

    Korbel Main gold deposit growth continues

    Shane Lasley, Mining News|Updated Feb 18, 2021

    Nova Minerals Ltd. Feb. 8 reports that it has extended the gold mineralization tapped with drilling at the Korbel Main deposit on its Estelle project in Alaska to 1,600 meters along strike and growing. "We are yet to find the extent of the Korbel Main system and continue to encounter wide gold mineralization intercepts, further expanding the footprint," said Nova Minerals CEO Christopher Gerteisen. As of September, Korbel resource blocks A and B hosted 291 million metric tons...

  • Alaska mining sector Donlin Sprott Kinross HighGold Mining Explorers 2020

    Alaska exploration recovers from COVID-19

    Shane Lasley, Mining News|Updated Feb 4, 2021

    Strong metal prices and an infusion of cash from notable resource investors helped to salvage much of a 2020 mineral exploration season in Alaska that became lethargic with disruptions, delays, and shelving of field programs infected by the COVID-19 pandemic early in the year. At its onset, 2020 was looking like it would be the best year for Alaska's mining sector in a decade. Australia-based mining companies were slated to invest nearly US$100 million in mineral exploration...

  • Mining Explorers 2020 Alaska Nova Minerals Ltd. Estelle Christopher Gerteisen

    Nova Minerals excited about Estelle gold

    Shane Lasley, Mining News|Updated Jan 17, 2021

    Australian explorer Nova Minerals Ltd. is rapidly building on the multi-million-ounce gold resource it has outlined on its flagship Estelle project in Alaska. Located about 100 miles (160 kilometers) northwest of Anchorage, Alaska's largest city, Estelle blankets 85 square miles (220 square kilometers) of gold-rich geology. While more than a dozen targets have been identified across the 18-mile- (29 kilometers) length of Estelle, Nova focused its 2020 drilling on the Korbel de...

  • Nova Minerals Korbel Mine Brent Hilscher Estelle project Christopher Gerteisen

    Upgrading Korbel gold with ore sorting

    Shane Lasley, Mining News|Updated Dec 30, 2020

    Nova Minerals Ltd. Dec. 18 reported that initial tests indicate that ore sorting could significantly upgrade the feed for a mill and heap leach facility at a future mine on the Estelle gold project in Alaska. The Korbel Main deposit at Estelle currently hosts 3.3 million ounces of gold in 291 million metric tons of Australian Joint Ore Reserves Committee- (JORC) compliant inferred resource averaging 0.4 grams per metric ton gold. Nova is testing a bulk sorting process that...

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