Nova Minerals launches 10,000-meter drill program at Estelle project, backed by more than A$85 million funding

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  • Nova Minerals launched fully funded 2026 exploration and development programs at its Estelle project in Alaska, targeting PFS work on gold assets.
  • Funding cover exceeds AUD 85 million, including a USD 43.4 million U.S. Department of War award for an antimony supply chain.
  • Up to 10,000 meters of drilling planned, with about 7,000 meters at RPM for resource definition and about 3,000 meters at Stibium.
  • Pilot-scale antimony production targeted for late 2026 to early 2027, supported by a new crushing and ore-sorting facility.
  • Downstream antimony refinery equipment ordered for Port Mackenzie, with shipping expected in coming months ahead of commissioning.


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