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Nova Minerals Limited (ASX:NVA)

ALERT: Price-sensitive ASX Announcement for NVA
Current share price for NVA : $0.595 -0.44 (-42.51%)+
Announcement
Release
13 Jan 2026 8:25AM
Price at Release
$1.035
Full Release
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Summary
Nova Minerals Limited announced significant advancements in their RPM Valley project, confirming the continuity of a high-grade gold mineralized system which remains open in multiple directions. The 2025 drilling results revealed multiple high-grade intercepts, including the Estelle Project's record intercept of 0.5m at 364 g/t Au. The continuity of mineralization is further validated with numerous holes extending below current pit shells, supporting a maiden Measured and Indicated Mineral Resource at RPM Valley. The drilling results are expected to boost the ongoing Pre-Feasibility Study (PFS), with additional metallurgical test work by METS Engineering. Future efforts will focus on improved sampling methods for the glacial till, a high-priority target, and verification of its thickness. The company's CEO, Christopher Gerteisen, emphasized the progress and potential of the gold system at RPM Valley.
Key Points
  • Estelle Project record intercept of 0.5m @ 364 g/t Au.
  • High-grade mineralized system remains open in multiple directions.
  • RPM Valley supports a maiden Measured and Indicated Mineral Resource.
  • 2025 drilling results include high-grade intercepts boosting PFS.
  • Future work focuses on glacial till sampling and thickness verification.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.