Nova Minerals: Receives encouraging geological results from RPM deposit

Nova Minerals Receives encouraging geological results from RPM deposit

  • Nova Minerals (NVA) encounters wide zones of continuous mineralisation at the RPM deposit within its Estelle gold project in Alaska
  • Two drillholes at RPM North returned “encouraging” geological results, with one hitting a 300-metre zone and the other intersecting 130 metres of strong to moderate mineralisation
  • CEO Christopher Gerteisen says the company expects to receive positive assays which show the potential for down dip continuity at RPM North
  • Two rigs are on site for step-out and resource drilling at RPM North, while a third rig has begun drilling at RPM South to support a scoping study and mineral resource estimate
  • Nova shares are up 13.9 per cent to trade at 65.5 cents at 3:05 am AEST
Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

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