Nova Minerals Corp (ASX:NVA, NYSE-A:NVA, FRA:QM30) has completed its redomicile to the United States and started key 2026 field work at its Estelle Gold and Critical Minerals Project in Alaska, including drilling for antimony and gold.
The company’s common stock and listed warrants were now trading on the NYSE American under the ticker symbols NVA and NVAWS, while Chess Depositary Interests continue to trade on the ASX under NVA.
Drilling underway at Stibium and RPM
Drilling at the Stibium antimony-gold prospect started in early June from an existing ridge-top drill pad, targeting stibnite-bearing veins identified at surface.
Gold drilling also began on June 17, from a new pad at the northern end of the main RPM ridge, with work targeting gold geochemical anomalies.
Nova said the 2026 RPM program would continue testing new zones along the two-mile-long ridge while further advancing resource definition at the RPM North and RPM Valley deposits.
Drill on RPM ridge line.
ZTEM survey completed across claim block
A nearly 2,000 line-mile Z-Axis Tipper Electromagnetic airborne geophysical survey has been completed across the company’s entire claim block.
The survey has identified numerous reduced intrusion-related gold systems across the region, with data processing and interpretation pending. Nova expects the results to improve exploration targeting, particularly at RPM and West Wing.
Field crews are also progressing prospect mapping, sampling and generative exploration as seasonal conditions improve. The 2026 exploration effort is focused on the greater RPM area, West Wing and Portage Pass.
Access and infrastructure works advance
Nova said about six miles of trail had been established from the airstrip toward Stibium, with construction continuing.
Camp improvement work is also underway, alongside material site preparation, airstrip expansion and engineering and design plans for construction of antimony processing and refining facilities.
Chief executive Christopher Gerteisen said the 2026 field season was ramping up, “with up to four drill rigs focused on expanding our gold and antimony resources”.
He said the company continued to execute on its US Department of Defense-funded antimony project, supported by US$43.4 million in funding, and that procurement of key mining and processing equipment was complete.
Crusher screener plant assembly in process at Whiskey Bravo site.
Amara Minerals investment lifted
Nova has also increased its investment in Amara Minerals by participating in a A$500,000 share placement at A$0.005 per share and receiving listed options on a 1-for-2 basis, exercisable at A$0.008 and expiring on May 1, 2029.
The investment gives Nova exposure to Amara’s gold-antimony projects in an Australian district near Fosterville and Costerfield, with Nova retaining a right of first refusal over antimony offtake.
What's ahead
Nova said antimony ore extraction and process plant construction remained on schedule to begin this year, while the broader Estelle work program would continue to target new discoveries and advance more than 20 existing prospects across a project area spanning more than 200 square miles.
The company describes Estelle as hosting 2 defined multi-million-ounce gold resources along a 35-kilometre mineralised trend in Alaska’s Tintina Gold Belt.