Nova Minerals Uncovers High-Grade Gold Anomalies at RPM, Setting Stage for 2026 Drilling
Event summary
- Nova Minerals discovered new high-grade gold anomalies at its RPM deposit in Alaska, including rock samples grading up to 24.6 g/t Au and soil samples up to 5.5 g/t Au.
- The findings extend beyond the main RPM ridgeline, with new anomalies identified 2-3km west, suggesting potential for additional high-grade pods.
- Drill testing of these targets is prioritized for 2026, with surface sampling results supporting strong analogies to the existing RPM deposit.
- The Estelle Project hosts two defined multi-million-ounce gold resources and over 20 prospects along a 35km mineralized trend in the Tintina Gold Belt.
The big picture
Nova's discovery comes at a time when the Tintina Gold Belt continues to attract significant investment, with major players like Kinross Gold Corporation operating in the region. The company's focus on high-grade gold targets aligns with broader industry trends toward resource expansion in politically stable, tier-one mining jurisdictions. With a fully-funded critical minerals strategy through a U.S. Department of War award, Nova is positioning itself as a dual-commodity player in gold and antimony.
What we're watching
- Resource Expansion
- Whether the new anomalies will translate into economically viable deposits similar to RPM North.
- Execution Risk
- The pace at which Nova can mobilize drilling equipment and commence testing of the new targets in 2026.
- Strategic Upside
- How successful drilling could enhance the overall value of the Estelle Project and its position in the Tintina Gold Belt.
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