NVAAF - Nova Minerals' Estelle project has 'all the hallmarks of a world-class gold district'

(NewsDirect)

Nova Minerals Ltd (ASX:NVA) CEO Christopher Gerteisen speaks withProactive following the release of a phase 2 scoping study for theflagship Estelle Gold Project in Alaska, US. It has revealed animpressive 11-month payback period and an internal rate of return(IRR) of 53%. Estelle’s resource estimate sits at 9.9 million ounceswith 340,000 ounces at a 2.3 g/t gold cut-off originating from the RPMNorth deposit, which also holds a shallow, measured-category componentof 180,000 ounces at a 4.1 g/t cut-off.

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