Nova Minerals Limited (NASDAQ: NVA, ASX: NVA) continues to deliver impressive results at its Estelle Gold and Critical Minerals Project in Alaska, reporting new high-grade gold assays from the Wombat Prospect. Highlights include a stunning 360 g/t Au, the second-highest gold sample ever recorded at Estelle, along with significant gallium results reaching 74.5 ppm. These findings expand the mineralized strike length at Wombat to 1km, reinforcing the project's potential. The discovery of gallium, a critical mineral essential to U.S. supply chains, further underscores Estelle's strategic value. Drill testing is on the horizon for this promising early-stage target.
Disclosure
Nova Minerals (NVA) is a client of RedChip Companies, Inc. NVA agreed to pay RedChip Companies, Inc. a $5,000 monthly cash fee, beginning in August 2024, and 600,000 shares of NVA’s ASX-listed shares, for 12 months of investor awareness services. RedChip will receive an additional 600,000 shares of NVA’s ASX-listed shares when the average five-day trading volume reaches 100,000 ADS per day or NVA’s market cap reaches $75 million within 12 months of the agreement. As of November 21, 2024, RedChip received the 1.2 million ASX-listed shares outlined above, and RedChip intends to and will, if possible, sell all of its shares immediately. Therefore, you may be buying as RedChip is selling. NVA also agreed to pay RedChip a $10,000 digital ad budget, a $50,000 fee for a national TV ad campaign aired weekdays in August 23 to September 13, 2024, and a one-time $90,000 cash fee for a national TV ad campaign aired in September 30 to October 24, 2024.
