- Nova Minerals (ASX:NVA) identifies two new broad surface gold anomalies at its flagship Estelle gold project in Alaska
- The first anomaly at the Revelation prospect measures 500 metres in length and 300 metres in width
- An additional anomaly has been identified approximately 900 metres to the west, extending 300 metres in length and 100 metres in width
- No other elements of interest were found to be highly anomalous at Revelation, making the prospect a pure gold play
- NVA shares are up 2.04 per cent, trading at 25 cents at 12:00 pm AEDT
Nova Minerals (ASX:NVA) has identified two new broad surface gold anomalies through rock and soil sampling activities at its flagship Estelle gold project in Alaska.
This follows the company’s previous record-breaking 1290 gram per tonne (g/t) gold sample from its Shoeshine prospect. Exploration efforts have now shifted to the Revelation prospect on the western side of the project envelope.
The first anomaly at the Revelation prospect measures 500 metres in length and 300 metres in width. An additional anomaly has been identified approximately 900 metres to the west, extending 300 metres in length and 100 metres in width.
While the best sample yielded a promising 3.4 g/t gold from the surface, no other elements of interest were found to be highly anomalous at Revelation, making the prospect a pure gold play.
“The exploration teams have long recognised the potential of this prospect area which shows a very strong colour and alteration anomaly at the surface,” NVA CEO Christopher Gerteisen said.
“These results are another example of how persistence pays off with two new very broad gold targets being confirmed this year.”
Nova has begun receiving assay results from the laboratory and expects to report additional surface sampling results for each area as they become available over the next few weeks.
NVA shares were up 2.04 per cent, trading at 25 cents at 12:00 pm AEDT.