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Estelle Gold Project – Overview

Nova is Rapidly Developing North America's Next Major Gold Trend With Our 513km2 Estelle Gold Project in Alaska

Nova’s flagship Estelle Gold Project contains multiple resource centers across a 35km long mineralized corridor of over 20 identified gold prospects, including two already defined multi-million ounce resources across 4 deposits containing a combined JORC compliant 9.9 Moz Au. Recently antimony and other critical minerals were also discovered coincident with the gold in surface sampling on numerous prospects across the project.

The project is situated on the Estelle Gold Trend in Alaska’s prolific Tintina Gold Belt, and is a year round operation accessible via air and a winter road, with base camp facilities including, a 4,000 foot airstrip, on-site sample processing facility and a 80 person fully winterized camp, which accommodates our geological, technical, and drilling contractors.

The proposed West Susitna Access Road (WSAR), an all weather road which will link the project to port, rail and road, which is situated on State land within the Matanuska-Susitna Borough and has considerable support from both the community and the State government, has now progressed to the permitting stage, and is currently going through the EIS process, with construction proposed to start in 2025.

To learn more about the Estelle Gold Project, please see the interactive map page.

Growth Strategy

Nova’s immediate growth strategy is to increase gold resources, extend deposits, investigate the antimony and critical minerals discoveries further, and make new large discoveries, while at the same time advancing conceptual mine plans, environmental and trade-off studies, valuable bi-product extraction options, and permitting, to get Estelle into production as fast as possible.

Nova employs a three-tiered exploration strategy at the Estelle Gold Project:

RPM

Establishing a Tier 1 resource at RPM by extending its mineralized footprint and further exploring nearby prospects, including drill testing the Train area, to increase the mineral resource and throughput to the plant.

Korbel

Establishing a Tier 1 resource at Korbel Main and its nearby prospects within the Korbel Valley by proving significant extensions to the mineralization footprint along strike and at depth.

Other Prospects

Utilising conventional geology exploration techniques on the other over 20 identified highly prospective targets with a view to making new large discoveries across the Estelle Gold Project in what we know is a world class mineralized trend.

Other Prospects

LEARN MORE

For the latest information on exploration and drilling results at the Estelle Gold Project, please view our ASX Announcements, Company Presentations and Videos.