Nova Minerals Achieves High-Grade Gold Recovery with Coarse Particle Flotation
Event summary
- Nova Minerals' bench-scale flotation tests on low-grade Korbel ore achieved gold recoveries exceeding 95% with concentrate grades up to 26.7 g/t Au.
- Coarse particle flotation reduced the volume going to downstream processing by 97-98%, potentially lowering capital and operating costs.
- The test-work was conducted on a composite sample from the Korbel Main deposit, part of Nova's Estelle Gold Project in Alaska.
- Nova aims to integrate coarse particle flotation into its Feasibility Study to enhance project economics and simplify processing flowsheets.
The big picture
Nova Minerals' breakthrough in coarse particle flotation technology positions it to profitably recover gold from lower-grade material, aligning with broader industry trends toward cost-efficient processing methods. The success of this metallurgical test-work could enhance the project's feasibility and attractiveness to investors in the precious metals sector.
What we're watching
- Technology Integration
- How the successful application of coarse particle flotation will impact Nova's processing costs and overall project economics.
- Resource Conversion
- Whether Nova can sustain high gold recovery rates across the bulk-tonnage Korbel deposit to maximize resource conversion over the mine's life.
- Market Dynamics
- The pace at which Nova can advance its Feasibility Study and secure funding for the Estelle Gold Project in a competitive mining jurisdiction.
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