Nova Minerals (ASX:NVA) identified high-grade gold from the final results of an exploration program at its Estelle gold and critical minerals project in Alaska, according to a Monday Australian bourse filing.
20 out of 40 rock samples from the results graded higher than one gram per tonne grade of gold, including a high of 52.3 g/t gold.
The mining firm is now planning for an exploration and drilling program for the year.
Its shares fell 6% on market close.
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