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June 13, 2025Nova Minerals Commences Antimony-Gold Drilling at its Stibium Prospect
Nova Minerals Limited is pleased to advise that drilling has commenced at its highly prospective Stibium prospect targeting both gold and antimony mineralisation. The first diamond drill rig is now operational, with a second diamond rig and the Company-owned RC rig currently being mobilised and scheduled to begin drilling later in June.
Nova’s application for U.S. Department of Defence funding to potentially fast-track antimony from mining to refining continues to progress.
A maiden 3,000m diamond drill program is now underway at the Stibium prospect located near Nova’s Whiskey Bravo camp and the bulk tonnage Korbel gold deposit. The first drill hole is designed to test a potential high-grade gold-antimony zone, delineated through extensive surface sampling. Drilling at the Stibium prospect is focused on delivering a maiden Mineral Resource Estimate (MRE) for both gold and antimony at this site. Surface sampling has confirmed a significant mineralised footprint, approximately 800 metres long and 400 metres wide.
