Nova Minerals LimitedASX: NVA

Korbel Resource Definition Drilling Update

· Issued by Nova Minerals Limited

Filed with ASX · · 14 pages · English

Summary by 6ix AI

Nova Minerals Limited has released an update on the Korbel Resource Definition drilling results, detailing the progress of drilling at the Korbel prospect within its Estelle Gold Project. The update highlights the successful drilling of two holes, which indicate a continuation of grade at significant depths below the existing inferred resource. The company is currently focused on expanding and upgrading the resource to expedite feasibility studies, with additional drilling ongoing. The announcement emphasizes the potential for significant extensions to the Korbel deposit and the identification of higher-grade areas within the mineralization.

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