Nova Minerals aims to uphold the highest corporate, social and environmental standards and recognises the importance of building respectful and inclusive relationships with our Alaskan stakeholders, communities and governing organisations. Nova is committed to open communication with the community in which it operates. The Company aims to actively manage the impact of our activities through the continued consideration and response to the interests and concerns of the local community Near the Estelle Project. 

Key Project Details

The Estelle Gold Project comprises 346 State mining claims totalling 324 km2 of unpatented mining claims located on State of Alaska public lands located 150km west of Willow (see Figure 1).

Figure 1. Map of Nova’s granted exploration tenure and surrounds.

The following figure (Figure 2) shows a typical timeline for a mining project with several stages of progression. A project only progresses to the next stage if the previous stage is successful.  Although some projects advance more quickly than shown, it is rare for a project to get from discovery to a decision to mine in less than 5 years especially if it is located in a new region.

Nova is currently in the ‘Discovery’ stage outlined below, where the key goal is to determine if the Estelle Project hosts an economic deposit of minerals. 

It is important to note that there are a number of future stages to complete before mining may commence at Estelle, and Nova anticipates this would take several years. 

Figure 2: Typical timeline for a mining project with several stages of progression.

Environment

Nova takes its environmental responsibilities seriously and is committed to achieving excellence in environmental management through understanding the sensitivities of working within the region.

All works are governed by the Application for Permits to Mine in Alaska (APMA). There are strict provisions governing exploration and mining in Alaska, as well as legislation and a large number of supporting regulations.

Flora and Fauna

The proposed exploration program will not impact on any plant and wildlife habitats including fish. Mitigation for potential fisheries will include screened water intake structure(s) and pump(s). Water storage tanks are anticipated to be used to minimise impacts.

Prior to entering a new area, vehicles need to be cleaned to mitigate the spread of weeds and exotic plants and/or soil‐borne diseases.

During revegetation, practices will be implemented to limit the growth and spread of invasive / non‐ invasive species to ensue revegetation is successful.

Waste Management

Waste products generated during an exploration program will to be managed appropriately to ensure it causes no harm to wildlife or damage to the environment. AK Operations LLC will identify and maintain a list of all potential wastes associated with exploration activities.

Solid waste will be stored appropriately until transported to existing borough facilities for disposal. Generation of any potentially hazardous waste will be transported to an approved facility for recycling or disposal.

Climate Change

Because Alaska is one of the areas where impacts from climate change have been the most pronounced, we will continue to evaluate opportunities to limit our carbon footprint. Nova Minerals’ baseline data collection and analyses (air, water, soils, and biological conditions) have been planned to help account for future changes. Such changes will be incorporated into all aspects of the project design.

Energy Use

Nova Minerals will require significant energy to provide power for mining, processing, and ancillary facilities. We therefore will continue to evaluate during the project design for opportunities to reduce power demands and use cleaner sources of energy.

Land Reclamation

Nova Minerals will continue to manage the site through each phase of development to ensure the protection of environmental and biological resources, including reclaiming areas no longer needed for exploration activities.

The Alaska Reclamation Act AS 27.19 requires operations that disturb less than five acres to file an Annual Reclamation Statement. DNR- Mining requests that you do so by December 31st of each year that the permit is in effect. Operations that will disturb more than five acres are required to have a Reclamation Plan Approval and to submit an Annual Exploration Report detailing the exploration and reclamation actions taken during the year. Annual Hardrock Exploration Report contains the following information:

  •  A written narrative describing your activities and the reclamation measures taken at all disturbances.
  •  A topographic map showing the portion of the claim block where surface disturbing exploration activities have occurred. The plan map should be at a scale of 1″= 1 mile, or other appropriate scale sufficient to illustrate: existing trails and roads; new trails and roads; drill hole locations (other than shallow auger holes); trench locations; the camp location; and, any other surface disturbances (please distinguish between reclaimed and unreclaimed features).
  •  A photo of representative sections of any new road or trail construction.
  •  A detailed description of the methods used to plug the drill holes.

Exploration Licences

Nova Minerals’ subsidiary qualifies under AS 38.05.190 to acquire exploration and mineral rights; and is authorised to conduct a mining related business under Alaska Business License #1058506.

This document was prepared in accordance with applicable requirements and statutes of the Alaska Department of Natural Resources (ADNR) including, but not limited to: 11 AAC 86.800 et seq. AS 27.19.010 et seq. 11 AAC 97.100 et seq.

Nova Minerals’ subsidiary has submitted its Application for Permits to Mine in Alaska (APMA) accompanied with an Exploration and Reclamation Plan for its proposed exploration drilling activities on Alaskan State mining claims within the Estelle Project.

Please note that an APMA does not allow the holder to conduct any mining activities.  Further permitting must be granted for this to occur, a process which can take many years to approve. 

Exploration Activities

Nova is now exploring a intrusive related gold system (IRGS), with all activities to date taking place on State mining claims. 

Current activities include exploration drilling (using both reverse circulation and diamond core rigs) and non-ground disturbing exploration (e.g. soil sampling, ground-based geophysics and airborne geophysics).

Community Feedback

All community feedback will be carefully considered when deciding how to proceed with exploration programs and all reasonable measures will be made to ensure a satisfactory solution is achieved for all parties.

Please contact Nova direct for further details or information requests:

Suite 602, 566 St Kilda Rd
Melbourne VIC 3004
Australia

Phone: +61 3 9537 1238

Email: info@novaminerals.com.au