Proactive - Interviews for investors

Nova Minerals fields strong RPM gold results ahead of resource update

Episode Summary

Nova Minerals Ltd (ASX:NVA, NASDAQ:NVA) CEO Christopher Gerteisen joins Proactive’s Tylah Tully to discuss how the company is advancing the RPM deposit at the Estelle Gold Project in Alaska. Results from the latest drill program targeting near-surface mineralisation have revealed high-grade intersections with gold encountered in all holes, including 43 metres at 4.4 g/t from just 2 metres below the surface. Within this interval was a higher grade section of 39.2 g/t gold over 2 metres. Additional results from 13 remaining drill holes are still awaited with all the results expected to support a pre-feasibility study (PFS) for the RPM starter mine. Gerteisen highlighted the significance of the results for the upcoming resource update and PFS, positioning RPM as a low-cost, high-margin project with potential for future expansions through cash flow. Exploration to the south-southwest has indicated that mineralisation remains open for further investigation. Nova is also progressing its broader Estelle Gold Project, where samples from other prospects are being processed for analysis. The company is focused on bringing RPM into production as a scalable starter mine, with future revenues expected to support wider project development, including a potential antimony-gold mine, which has garnered interest from the US Department of Defense. #ProactiveInvestors #NovaMinerals #ASX #GoldMining #RPMDeposit #EstelleGoldProject #DrillingResults #GoldExploration #AlaskaMining #ResourceUpdate #MiningInvestment #GoldGrade #PreFeasibilityStudy #MiningExpansion #MineralExploration #LowCapexMining #HighMarginMining #GoldProspecting #AntimonyGoldProject #USDepartmentOfDefense #SmallScaleMining #WhittleConsulting #METS #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews