Nova Minerals (AU:NVA) has released an update.
Nova Minerals reports promising high-grade gold intercepts from its initial eight holes at the RPM North area, part of the Estelle Gold Project in Alaska. The drilling, less than 50m deep, is part of ongoing pre-feasibility studies for a starter mine aimed at low capital expenditure and high-margin production. The company anticipates that these results will enhance the upcoming resource update and pre-feasibility study, contributing to early cash flow and expansion plans.
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