# Nova begins dual-track program at Estelle

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/nova-begins-dual-track-program-at-estelle--184ff4ef-655f-4063-b3ee-c1833331c357

Original source: https://www.miningnewsnorth.com/story/2026/05/29/news-nuggets/nova-begins-dual-track-program-at-estelle/9696.html

Publisher: miningnewsnorth

Original announcement: 2026-05-29T00:00:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: 2026-09-19T08:10:35.706Z

Atlas analysis updated: 2026-09-19T08:10:35.706Z

- Company: Nova Minerals Ltd.

- Ticker: Unavailable

- Exchange: Unavailable

- Region: Alaska

- Primary commodity: Gold

- Secondary commodities: Antimony

- Document categories: Drill results, Resource update

- Extracted: 2026-09-19 08:10:36 UTC

Narrative sentiment: 0.60 · Bullish

## Minestarters Atlas summary

Nova Minerals has commenced a dual-track 2026 program at the Estelle project in Alaska, focusing on gold resource expansion at RPM and antimony production at Styx and Stibium. The program includes 7,000 meters of drilling at RPM to support a gold prefeasibility study and a 3,000-meter delineation program at the Stibium antimony target.

Reasoning: The announcement details a major dual-track field season involving resource expansion drilling and antimony production, supported by high-grade historical intercepts and government grants.

- Positive factor: High-grade gold intercepts reported from recent drilling

- Positive factor: Dual-track program advancing both gold and antimony

- Positive factor: Significant resource base at RPM

- Positive factor: Government funding via DPA Title III grant

Facts used in scoring: 13

## Classification and evidence

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: The program includes resource upgrade and expansion drilling at RPM.

Evidence · text

> 7,000 meters of resource upgrade and expansion drilling at RPM this year

**Step-Out Extension**

Polarity: positive

Definition: Mineralization extended beyond the previously known limit.

Why it applies: The program includes testing expansion targets identified with surface sampling north of the deposit.

Evidence · text

> This includes testing expansion targets identified with surface sampling north of the deposit

## Extracted facts

Stored fact records: 13. Some facts used in scoring do not have a stored record.

## Drill Results (11)

### RPMRC-24005

[Link to this fact](https://atlas-staging.minestarters.com/news/nova-begins-dual-track-program-at-estelle--184ff4ef-655f-4063-b3ee-c1833331c357#fact-drill-facts-0)

Estelle North · gold

#### Identity

- Hole ID: RPMRC-24005
- Project: Estelle North
- Commodity: gold
- Region: usa\_ak
- Reported Region: usa\_ak

#### Geometry

- Grade: 4.4
- Grade Unit: g/t
- Intercept: 43 m

#### Classification

- Sample Type: drill

#### QA/QC

- QA/QC Disclosed: Yes
- QA/QC Methods: blanks

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-05-29T00:00:00.000Z

Reasoning: High-grade gold intercept

- Positive factor: Strong gold grade

Evidence · text

> 43 meters averaging 4.4 g/t gold in hole RPMRC-24005

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### RPMRC-24008

[Link to this fact](https://atlas-staging.minestarters.com/news/nova-begins-dual-track-program-at-estelle--184ff4ef-655f-4063-b3ee-c1833331c357#fact-drill-facts-1)

Estelle North · gold

#### Identity

- Hole ID: RPMRC-24008
- Project: Estelle North
- Commodity: gold
- Region: usa\_ak
- Reported Region: usa\_ak

#### Geometry

- Grade: 3.4
- Grade Unit: g/t
- Intercept: 45 m

#### Classification

- Sample Type: drill

#### QA/QC

- QA/QC Disclosed: Yes
- QA/QC Methods: blanks

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-05-29T00:00:00.000Z

Reasoning: Strong gold intercept

- Positive factor: Solid gold grade

Evidence · text

> 45 meters averaging 3.4 g/t gold in hole RPMRC-24008

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### RPMRC-24016

[Link to this fact](https://atlas-staging.minestarters.com/news/nova-begins-dual-track-program-at-estelle--184ff4ef-655f-4063-b3ee-c1833331c357#fact-drill-facts-2)

Estelle North · gold

#### Identity

- Hole ID: RPMRC-24016
- Project: Estelle North
- Commodity: gold
- Region: usa\_ak
- Reported Region: usa\_ak

#### Geometry

- Grade: 5.4
- Grade Unit: g/t
- Intercept: 39 m

#### Classification

- Sample Type: drill

#### QA/QC

- QA/QC Disclosed: Yes
- QA/QC Methods: blanks

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-05-29T00:00:00.000Z

Reasoning: Strong gold intercept

- Positive factor: High-grade gold intercept

Evidence · text

> 39 meters averaging 5.4 g/t gold in hole RPMRC-24016

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### RPMRC-24017

[Link to this fact](https://atlas-staging.minestarters.com/news/nova-begins-dual-track-program-at-estelle--184ff4ef-655f-4063-b3ee-c1833331c357#fact-drill-facts-3)

Estelle North · gold

#### Identity

- Hole ID: RPMRC-24017
- Project: Estelle North
- Commodity: gold
- Region: usa\_ak
- Reported Region: usa\_ak

#### Geometry

- Grade: 7.1
- Grade Unit: g/t
- Intercept: 29 m

#### Classification

- Sample Type: drill

#### QA/QC

- QA/QC Disclosed: Yes
- QA/QC Methods: blanks

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-05-29T00:00:00.000Z

Reasoning: Strong gold intercept

- Positive factor: High-grade gold intercept

Evidence · text

> 29 meters averaging 7.1 g/t gold in hole RPMRC-24017

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### RPM-068

[Link to this fact](https://atlas-staging.minestarters.com/news/nova-begins-dual-track-program-at-estelle--184ff4ef-655f-4063-b3ee-c1833331c357#fact-drill-facts-4)

Estelle North · gold

#### Identity

- Hole ID: RPM-068
- Project: Estelle North
- Commodity: gold
- Region: usa\_ak
- Reported Region: usa\_ak

#### Geometry

- Grade: 0.7
- Grade Unit: g/t
- Intercept: 167 m

#### Classification

- Sample Type: drill

#### QA/QC

- QA/QC Disclosed: Yes
- QA/QC Methods: blanks

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-05-29T00:00:00.000Z

Reasoning: Wide intercept with moderate grade

- Positive factor: Significant width

Evidence · text

> 167 meters averaging 0.7 g/t gold in hole RPM-068

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### RPM-068

[Link to this fact](https://atlas-staging.minestarters.com/news/nova-begins-dual-track-program-at-estelle--184ff4ef-655f-4063-b3ee-c1833331c357#fact-drill-facts-5)

Estelle North · gold

#### Identity

- Hole ID: RPM-068
- Project: Estelle North
- Commodity: gold
- Region: usa\_ak
- Reported Region: usa\_ak

#### Geometry

- Grade: 1.1
- Grade Unit: g/t
- Intercept: 75 m

#### Classification

- Sample Type: drill

#### QA/QC

- QA/QC Disclosed: Yes
- QA/QC Methods: blanks

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-05-29T00:00:00.000Z

Reasoning: High-grade sub-interval within a larger hole

- Positive factor: Higher grade sub-interval

Evidence · text

> including 75 meters of 1.1 g/t gold

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### RPM-070

[Link to this fact](https://atlas-staging.minestarters.com/news/nova-begins-dual-track-program-at-estelle--184ff4ef-655f-4063-b3ee-c1833331c357#fact-drill-facts-6)

Estelle North · gold

#### Identity

- Hole ID: RPM-070
- Project: Estelle North
- Commodity: gold
- Region: usa\_ak
- Reported Region: usa\_ak

#### Geometry

- Grade: 0.6
- Grade Unit: g/t
- Intercept: 162 m

#### Classification

- Sample Type: drill

#### QA/QC

- QA/QC Disclosed: Yes
- QA/QC Methods: blanks

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-05-29T00:00:00.000Z

Reasoning: Wide intercept with low grade

- Positive factor: Significant width

Evidence · text

> 162 meters averaging 0.6 g/t gold in hole RPM-070

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### RPM-078

[Link to this fact](https://atlas-staging.minestarters.com/news/nova-begins-dual-track-program-at-estelle--184ff4ef-655f-4063-b3ee-c1833331c357#fact-drill-facts-7)

Estelle North · gold

#### Identity

- Hole ID: RPM-078
- Project: Estelle North
- Commodity: gold
- Region: usa\_ak
- Reported Region: usa\_ak

#### Geometry

- Grade: 1
- Grade Unit: g/t
- Intercept: 162 m

#### Classification

- Sample Type: drill

#### QA/QC

- QA/QC Disclosed: Yes
- QA/QC Methods: blanks

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-05-29T00:00:00.000Z

Reasoning: Wide intercept with moderate grade

- Positive factor: Significant width

Evidence · text

> 162 meters averaging 1 g/t gold in hole RPM-078

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### RPM-078

[Link to this fact](https://atlas-staging.minestarters.com/news/nova-begins-dual-track-program-at-estelle--184ff4ef-655f-4063-b3ee-c1833331c357#fact-drill-facts-8)

Estelle North · gold

#### Identity

- Hole ID: RPM-078
- Project: Estelle North
- Commodity: gold
- Region: usa\_ak
- Reported Region: usa\_ak

#### Geometry

- Grade: 6.5
- Grade Unit: g/t
- Intercept: 7 m

#### Classification

- Sample Type: drill

#### QA/QC

- QA/QC Disclosed: Yes
- QA/QC Methods: blanks

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-05-29T00:00:00.000Z

Reasoning: High-grade sub-interval

- Positive factor: High-grade sub-interval

Evidence · text

> including seven meters of 6.5 g/t gold

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### RPM-080

[Link to this fact](https://atlas-staging.minestarters.com/news/nova-begins-dual-track-program-at-estelle--184ff4ef-655f-4063-b3ee-c1833331c357#fact-drill-facts-9)

Estelle North · gold

#### Identity

- Hole ID: RPM-080
- Project: Estelle North
- Commodity: gold
- Region: usa\_ak
- Reported Region: usa\_ak

#### Geometry

- Grade: 0.7
- Grade Unit: g/t
- Intercept: 180 m

#### Classification

- Sample Type: drill

#### QA/QC

- QA/QC Disclosed: Yes
- QA/QC Methods: blanks

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-05-29T00:00:00.000Z

Reasoning: Wide intercept with low grade

- Positive factor: Significant width

Evidence · text

> 180 meters averaging 0.7 g/t gold in hole RPM-080

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### RPM-080

[Link to this fact](https://atlas-staging.minestarters.com/news/nova-begins-dual-track-program-at-estelle--184ff4ef-655f-4063-b3ee-c1833331c357#fact-drill-facts-10)

Estelle North · gold

#### Identity

- Hole ID: RPM-080
- Project: Estelle North
- Commodity: gold
- Region: usa\_ak
- Reported Region: usa\_ak

#### Geometry

- Grade: 8.1
- Grade Unit: g/t
- Intercept: 7 m

#### Classification

- Sample Type: drill

#### QA/QC

- QA/QC Disclosed: Yes
- QA/QC Methods: blanks

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-05-29T00:00:00.000Z

Reasoning: High-grade sub-interval

- Positive factor: High-grade sub-interval

Evidence · text

> including seven meters of 8.1g/t gold

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

## Resource Estimates (2)

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/nova-begins-dual-track-program-at-estelle--184ff4ef-655f-4063-b3ee-c1833331c357#fact-resource-facts-11)

Estelle · gold

#### Identity

- Project: Estelle
- Commodity: gold
- Region: usa\_ak
- Reported Region: Alaska

#### Resource scope

- Estimate type: resource
- Resource group id: resource:03f3aacf1d09e78f42f0
- Deposit or zone: RPM

#### Resource Data

- Category: indicated
- Tonnes: 4400000
- Grade: 2.5
- Grade Unit: g/t
- Contained Metal: 330000
- Contained Unit: oz

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-05-29T00:00:00.000Z

Reasoning: Measured and indicated resource at RPM

- Positive factor: Established resource base

Evidence · text

> 4.4 million metric tons of the overall Estelle measured and indicated resources averaging 2.5 g/t \(330,000 oz\) gold

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/nova-begins-dual-track-program-at-estelle--184ff4ef-655f-4063-b3ee-c1833331c357#fact-resource-facts-12)

Estelle · gold

#### Identity

- Project: Estelle
- Commodity: gold
- Region: usa\_ak
- Reported Region: Alaska

#### Resource scope

- Estimate type: resource
- Resource group id: resource:4492faaec66b5d29dfce
- Deposit or zone: RPM

#### Resource Data

- Category: inferred
- Tonnes: 46000000
- Grade: 0.5
- Grade Unit: g/t
- Contained Metal: 800000
- Contained Unit: oz

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-05-29T00:00:00.000Z

Reasoning: Inferred resource at RPM

- Positive factor: Large inferred resource

- Negative factor: Speculative category

Evidence · text

> 46 million metric tons of the inferred resource averaging 0.5 g/t \(800,000 oz\) gold

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

## How Atlas produces this analysis

Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.
