Nova Minerals: Korbel Deposit at Estelle Gold Project Shows Initial High Open-Pit Grades

Nova Minerals has confirmed that the Korbel deposit at its Estelle gold project near Anchorage, Alaska, may have "initially high open-pit grades."

Reverse circulation drilling results at Korbel include:

- 19 meters of mineralization from surface, grading 0.6 g/t gold, including 6 meters at 1 g/t gold;

- 25 meters of mineralization from 1 meter depth, grading 0.5 g/t gold, including 8 meters at 0.8 g/t gold;

- 9 meters of mineralization from 1 meter depth, grading 1.2 g/t gold.