RPM North Drilling Confirms Further Resource Upside
| Stock | Nova Minerals Ltd (NVA.ASX) |
|---|---|
| Release Time | 7 Jan 2026, 9:03 a.m. |
| Price Sensitive | Yes |
RPM North Drilling Confirms Further Resource Upside
- Broad near-surface gold intersections continue at RPM North
- 2025 drill program confirms eastern strike extension
- Potential upgrades to existing Measured and Indicated Mineral Resources
Nova Minerals Ltd has announced further broad, near-surface gold results from its RPM North deposit, within the company's flagship Estelle Gold and Critical Minerals Project in Alaska. The 2025 drill program has confirmed the continuity of mineralization to the east, highlighting potential resource upside. Significant results include 180m @ 0.7 g/t Au from 4m, 162m @ 1.0 g/t Au from 3m, and 167m @ 0.7 g/t Au from 187m. These strong results follow previous drilling and support the potential to increase the existing Measured and Indicated Mineral Resources at the main deposit, in support of the ongoing Pre-Feasibility Study. Additional drill results will be incorporated into an updated Mineral Resource Estimate, and technical studies and optimization work are progressing to advance the project towards commercial production.
Nova plans to build on the successes achieved to date, with further exploration aimed at identifying additional mineralization in 2026. All results will be incorporated into an updated resource estimate for the upcoming Pre-Feasibility Study.