Nova Minerals Reports Record High-Grade Gold Intercepts at RPM Valley, Advancing PFS

summarizeSummary

Nova Minerals announced significant drill results from its RPM Valley deposit, including a record high-grade gold intercept and broad mineralization, which will support a maiden Measured and Indicated Mineral Resource for its Pre-Feasibility Study.

check_boxKey Events

• Record High-Grade Gold Intercept

  Drilling at RPM Valley returned the highest-grade intercept to date for the Estelle Project, with 0.5 meters at 364 g/t Au from 101 meters, including visible gold.

• Broad Mineralization Confirmed

  Multiple broad gold intersections were reported, including 65m @ 3.6 g/t Au, 155m @ 0.9 g/t Au, and 289m @ 0.7 g/t Au, confirming continuity of the mineralized system.

• Supports Maiden M&I Resource

  The 2025 infill drill results are expected to support a maiden Measured and Indicated Mineral Resource at the RPM Valley deposit, crucial for the ongoing Pre-Feasibility Study.

• Mineralization Remains Open

  The gold mineralization at RPM Valley remains wide open in multiple directions and at depth, indicating significant further exploration potential.

auto_awesomeAnalysis

These drill results provide strong validation of the scale and quality of the gold system at RPM Valley, a key part of the Estelle Gold Project. The discovery of the highest-grade intercept to date, alongside multiple broad zones of continuous mineralization, significantly de-risks the project and enhances its economic potential. The data will directly inform the upcoming Mineral Resource Estimate and Pre-Feasibility Study, marking a critical step towards development. The indication that mineralization remains wide open suggests further upside, while preliminary results from glacial till offer potential for easily minable, low-grade material.