Nova Minerals Limited announced that its 2025 RPM North drilling program at the Estelle Gold and Critical Minerals Project in Alaska produced a series of near‑surface gold intercepts that extend mineralisation east of the high‑grade core zone.
The seven diamond‑core holes drilled in 2025 yielded several notable intercepts: RPM‑080 returned 180 m at 0.7 g/t Au from 4 m; RPM‑078 returned 162 m at 1.0 g/t Au from 3 m; RPM‑068 returned 167 m at 0.7 g/t Au from 187 m; RPM‑070 returned 165 m at 0.6 g/t Au from 3 m; and the earlier RPM‑004 intercept measured 259 m at 0.5 g/t Au from surface.
These results will be incorporated into an updated resource estimate for the upcoming pre‑feasibility study. By confirming a continuous, near‑surface extension of the deposit, the company can increase the resource upside at RPM North and focus its 2026 drilling program on the open‑along‑strike eastern corridor, potentially accelerating the project’s path to commercial production.
The Estelle Project spans 514 km² in Alaska’s Tintina Gold Belt and has already produced a JORC‑compliant global gold resource of 9.9 million ounces, with 8.4 million ounces attributable to Nova. In addition to gold, the project hosts significant antimony deposits, and recent heap‑leaching tests have achieved up to 68.7 % gold recovery, underscoring the economic viability of the resource.
CEO Christopher Gerteisen said the new intercepts “support the continuity of mineralisation across the deposit and indicate that a zone of further mineralisation extends to the east, which remains open along strike.” He added that the findings “could significantly increase the resource at RPM” and reaffirmed Estelle’s potential as a future tier‑one North American gold project.
While no immediate market reaction data is available, the drilling results represent a key milestone that could influence investor perception of Nova’s development trajectory and resource expansion strategy.
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