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2026-11-06
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Nova Minerals Corp

PFS Developer · Gold · Others · United States Rating locked: sign in to view v6.2
Last 2026-11-06
A$0.51
1D
—
1M
—
YTD
—
1Y
—
Upside
Locked: sign in to view
Mkt cap
A$233.7M
EV
A$186.7M
Cash
A$47M
Debt
A$0
2 newer ASX announcements not yet reflected in this valuation

Portfolio detail

Assets

2 assets

Core asset

Estelle Gold Project

United States

PFS Developer85% ownedGold

RPM and Korbel gold resource and PFS-level metallurgy/mine planning remain in progress; August 2026 drilling continued with assays pending. No completed current PFS economics or reserve was disclosed by the cutoff.

Published study economicsIssuer or study metrics

No numeric study economics were published.

No completed PFS economics were published by the cutoff; valuation therefore uses bounded resource calibration.

Resources & reserves1
TypeCategoryQuantityGradeContained mineralsDate
Mineral ResourceMeasured, Indicated and Inferred404 Mt attributable0.34 g/t Au averageGold2024-01-31
Tenements1
estelle-claims-goldGranted514 km2 · No expiry supplied
Milestones1
  1. Complete gold pre-feasibility study

    Pending · High materiality

Permits & approvals1
PermitJurisdictionStatusExpiryCritical path
Future mine and infrastructure permitsAlaska, United StatesRequired—Yes
Economic studies1
StudyStageStatusDateSummary
RPM and Estelle PFS-level workPFSCurrent2026-04-29PFS-level metallurgy, mining and optimization remain in progress without published PFS economics.

Material

Estelle Antimony Pilot Supply Chain

United States

Funded Developer85% ownedOthers

DoW-funded pilot: laboratory product and bulk sampling achieved, approximately 500 tons of plant equipment arrived at Port MacKenzie in September. Operating approval, construction, throughput and saleable economics remain open; first production target shifted to 2027.

Published study economicsIssuer or study metrics

No numeric study economics were published.

Government award funding is disclosed, but project capex, operating cost, throughput and revenue economics are not.

Tenements2
estelle-claims-antimonyGranted514 km2 · No expiry supplied
port-mackenzie-siteGranted42.81 acres · No expiry supplied
Milestones3
  1. Complete pilot plant engineering and design

    Achieved · High materiality

  2. Produce pilot-scale military-grade antimony trisulfide

    Pending · High materiality

  3. Deliver antimony plant equipment to Port MacKenzie

    Achieved · High materiality

Permits & approvals2
PermitJurisdictionStatusExpiryCritical path
Port MacKenzie industrial land useAlaska, United StatesGranted—Yes
Remaining operating and environmental approvalsAlaska, United StatesPending—Yes
Economic studies1
StudyStageStatusDateSummary
Antimony pilot plant engineering and designFeedCurrent2026-07-13Engineering covers Whiskey Bravo front-end processing and Port MacKenzie beneficiation and refining; commercial economics were not disclosed.