Nova Minerals' exploration success

Nova Minerals (ASX:NVA) has announced outstanding results from its 2024 exploration at the Styx prospect, part of the Estelle Gold and Critical Minerals Project in Alaska. The findings reveal high-grade antimony up to 54.1% and gold up to 9.8 g/t. This confirms an extensive antimony-rich vein system.

Key developments and strategic outlook

Nova Minerals' recent exploration at the Styx prospect has unveiled high-grade antimony and gold, positioning the company as a significant player in critical minerals. The discovery includes an extensive vein system, with metallurgical testing underway. Progress with a U.S. Department of Defense grant highlights the strategic importance of antimony, recognized as critical for national security. Nova Minerals plans to continue its exploration efforts, contributing to the diversification of strategic mineral supplies. The company is advancing its development initiatives within the Estelle Project, aiming to leverage its findings for future growth.

Executive insights on exploration outcomes

Exceptional results from our Styx prospect continue to validate the potential of the Estelle Project. The high-grade antimony and gold findings underscore the strategic importance of our work in Alaska. We are committed to advancing these critical mineral resources, aligning with our long-term corporate strategy.