Nova Confirms 2.5 Million Ounces of Gold Resource at the Estelle Gold Project

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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6 Cannabis Stocks under Investor’s Limelight…

Cannabis companies that sell both medicinal weed and recreational pot. Marijuana stocks to look at. Marijuana mergers and acquisitions. Dispensary data analytics. Upcoming marijuana IPO’s Those phrases have become increasingly common as marijuana legalization spreads.

Global spending on legal cannabis is expected to grow 230% to $32 billion in 2020 as compared to $9.5 in 2017, according to Arcview Market Research and BDS Analytics. As of June 29, 2018 the United States Marijuana Index, despite a lot of uncertainty around regulations, has over the past 1 year gained 71.49%, as compared to about 12% gain seen by the S&P 500.

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