Nova Minerals Limited (ASX: NVA) trading halt ended post the company reported a maiden gold resource of 2.5 million ounces for its Estelle Gold Project. Nova estimated the resources for the Oxide Korbel prospect post the phase 1 resource drill programme. The results of which are mentioned below:
- Independent Maiden Inferred JORC classified resources of circa 2.5 million ounces at the Oxide Korbel
- The Oxide Korbel prospect remains open at depth and along strike
Nova further plans to include multiple diamond drill rigs on-site to increase the drill density of the maiden resource along with extensional drilling to boost up the global resource.
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