Nova Minerals Launches Fully Funded 2026 Estelle Gold & Antimony Exploration and Development Programs
NVA has more than doubled off its 52-week low of $1.68.
Summary
Nova Minerals has launched its fully funded 2026 exploration and development programs at the Estelle Project, targeting significant gold resource expansion and advancing critical antimony production.
Key Events · Product Development and Regulatory · NVA
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Program Commencement
Nova Minerals has commenced its fully funded 2026 Estelle exploration and project development programs.
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Significant Funding Confirmed
The programs are fully funded with over US$60 million available through cash and a U.S. Department of War award.
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Extensive Drilling Planned
Up to 10,000 meters of drilling is planned, focusing on gold resource definition at RPM and antimony prospects at Stibium.
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Antimony Development Progress
Pilot-scale antimony production remains on schedule for late 2026/early 2027, with lab-scale military-grade antimony trisulfide samples nearing completion.
Analysis · NVA · Energy & Transportation
Nova Minerals is commencing its largest-ever field season at the Estelle Project, fully funded by over $60 million in cash and a U.S. Department of War grant. This program includes extensive drilling for gold resource expansion and advancing antimony prospects towards pilot-scale production, including military-grade samples. This marks a significant step in de-risking the project and establishing a domestic critical minerals supply chain.
At the time of this filing, NVA was trading at $5.79 on NASDAQ in the Energy & Transportation sector, with a market capitalization of approximately $220.6M. The 52-week trading range was $1.68 to $16.28. This filing was assessed with positive market sentiment and an importance score of 8 out of 10.