Nova Minerals Limited (ASX:NVA) has announced further major high-grade gold intersections at RPM and the potential for a second mining centre in the southern area, of the company’s flagship Estelle Gold Trend, located in the prolific Tintina Gold Belt in Alaska.
Highlights
• Further high-grade gold assay results received from diamond drilling along the 9.6Moz Estelle Gold Trend at RPM. The results are from a combination of infill and extensional drilling and highlight the very high-grade nature of the near surface mineralization. Significant step out results include:
RPM-033
▪ 107m @ 7.4 g/t Au from 41m including; 80m @ 9.8 g/t Au from 56m; and 40m @ 11.8 g/t Au from 56m
(RPM-033 returned an overall average grade of 3.3 g/t Au over 253m (835 gram metres) from 14m within the RPM North mineralized zone at 0.1 g/t cutoff)
• Maiden RPM South drill results replicate the early RPM North discovery diamond drill hole SE12- 008, which returned results of 178m @ 0.8 g/t Au, including 120m @ 1.0 g/t Au and 50m at 1.8 g/t Au.
Significant initial results include:
RPM-023
▪ 116m @ 0.9 g/t Au from 8m including; 94m @ 1.0g/t Au from 24m; and 15m @ 2.3 g/t Au from 94m
“I am pleased to report more major high‐grade intercepts from our drilling at RPM. These new results have something for everyone with further high-grade intersections confirming the continuity of the bonanza zone at RPM North, and expansion of the total resource area with RPM South and a second mineralized intrusive now defined,” CEO, Christopher Gerteisen, said.
“While the initial RPM South holes replicate the early discovery results which we saw at RPM North in hole SE12-008, which led us to the bonanza blow out zone, importantly the 2022 drilling has now also confirmed a second much thicker mineralized intrusive which connects the RPM North and RPM South zones, demonstrating a genetic link between the two areas.
“With over 600m of strike length between the two zones, and similar geological observations to RPM North, the deposit remains wide open, with the search now on for more super high-grade bonanza zones providing further upside resource potential as we move forward.”
For further information please visit: https://novaminerals.com.au/
