Nova Minerals Updates on 2026 Field Season and Antimony Development
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 2 days ago
0mins
Source: Newsfilter
- Fully Funded Programs: Nova Minerals has secured over $60 million for its 2026 field season activities, which will accelerate the development of its Estelle Gold and Critical Minerals Project in Alaska, ensuring timely progress toward the Feasibility Study stage.
- Drilling Initiatives: The company plans to conduct up to 10,000 meters of drilling at the RPM deposit, focusing on resource definition and expansion, which is expected to significantly enhance both gold and antimony resource estimates, thereby increasing future production potential and market competitiveness.
- Antimony Production Milestones: The first lab-scale antimony metal and military-grade antimony trisulfide samples are in the final preparation stages, which will lay a crucial foundation for establishing a domestic U.S. antimony supply chain and drive the company toward its production targets set for late 2026 to early 2027.
- Infrastructure Development: With the successful delivery of heavy equipment and construction materials, the construction of the access trail to the Stibium prospect has commenced, which is expected to enhance operational efficiency and support future production expansion, further solidifying Nova's market position in the critical minerals sector.
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About NVA
Nova Minerals Limited is an Australia-based gold, antimony and critical minerals exploration and development company. The Company is focused on advancing the Estelle Project, comprising 514 square kilometers (km2) of State of Alaska mining claims, which includes multiple mining complexes across a 35-kilometer-long mineralized corridor of over 20 advanced gold and antimony prospects, including two multi-million-ounce resources, and several drill ready antimony prospects. The 85%-owned project is located 150 kilometers northwest of Anchorage, Alaska, United States of America, in the prolific Tintina Gold Belt, a province which hosts a 220 million-ounce (Moz) documented gold endowment and some of the gold mines and discoveries, including Barrick's Donlin Creek Gold Project and Kinross Gold Corporation's Fort Knox Gold Mine. The Company has two primary gold deposits at Estelle: RPM High-Grade Gold in the South, and Korbel Bulk Tonnage Gold in the North.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Nova Minerals Updates on 2026 Field Season and Antimony Development
- Fully Funded Programs: Nova Minerals has secured over $60 million for its 2026 field season activities, which will accelerate the development of its Estelle Gold and Critical Minerals Project in Alaska, ensuring timely progress toward the Feasibility Study stage.
- Drilling Initiatives: The company plans to conduct up to 10,000 meters of drilling at the RPM deposit, focusing on resource definition and expansion, which is expected to significantly enhance both gold and antimony resource estimates, thereby increasing future production potential and market competitiveness.
- Antimony Production Milestones: The first lab-scale antimony metal and military-grade antimony trisulfide samples are in the final preparation stages, which will lay a crucial foundation for establishing a domestic U.S. antimony supply chain and drive the company toward its production targets set for late 2026 to early 2027.
- Infrastructure Development: With the successful delivery of heavy equipment and construction materials, the construction of the access trail to the Stibium prospect has commenced, which is expected to enhance operational efficiency and support future production expansion, further solidifying Nova's market position in the critical minerals sector.
See More
NevGold Discovers High-Grade Antimony at Pre-Strip Dump
- Antimony Discovery: NevGold has identified surface grades of up to 53.7% antimony at the Pre-Strip Dump in Nevada, with six samples exceeding 10%, indicating a significant mineral resource that could bolster U.S. antimony supply.
- Market Context: Following China's export ban on antimony, U.S. prices surged to record highs in 2024 and 2025, making NevGold's discovery timely as the U.S. accelerates efforts to secure domestic sources of this critical mineral.
- Resource Assessment Progress: NevGold is advancing a modern Mineral Resource Estimate based on a 130,000-meter drilling database, with plans to publish the first-ever estimate for antimony-gold resources, laying the groundwork for future production.
- Policy Support: The U.S. Export-Import Bank's approval of a $2.9 billion loan to Perpetua Resources underscores government commitment to domestic antimony projects, further enhancing NevGold's strategic position in this critical sector.
See More
NevGold Uncovers High-Grade Antimony in America Amid Supply Chain Concerns
- Antimony Discovery: NevGold Corp. has uncovered surface grades of up to 53.7% antimony at the Pre-Strip Dump in Nevada, with six samples exceeding 10%, indicating significant mineral potential that could bolster U.S. antimony supply.
- Market Context: Following China's export ban on antimony, Western prices surged to record highs in 2024, and NevGold's discovery comes at a critical time as the U.S. seeks to reduce reliance on Chinese supply, highlighting its strategic importance.
- Resource Assessment Progress: NevGold is advancing its first modern Mineral Resource Estimate, covering historical gold leach pads and the Pre-Strip Dump, expected to utilize a 130,000-meter drillhole database to provide a more accurate resource estimate and propel the project forward.
- Policy Support: The U.S. Export-Import Bank approved a $2.9 billion loan to Perpetua Resources, underscoring government commitment to domestic antimony supply, with NevGold's discovery potentially becoming a key component in U.S. antimony mining development.
See More
U.S. Commitment to Antimony Supply Chain Sparks Investor Interest
- Strategic Investment: On May 21, 2026, the Export-Import Bank of the United States approved a $2.9 billion long-term loan to support Perpetua Resources' Stibnite Gold-Antimony Project in Idaho, demonstrating a strong federal commitment to rebuilding domestic critical mineral supply chains, which is expected to enhance U.S. independence in antimony.
- Importance of Antimony: With only one active antimony smelter in the U.S. and China historically dominating global supply, the rising geopolitical risks have highlighted antimony's strategic significance, prompting increased investor interest in domestic antimony project developments.
- NevGold Project Progress: NevGold Corp. is advancing its Limousine Butte project in Nevada, targeting the completion of its maiden antimony-gold Mineral Resource Estimate in Q2 2026, and has initiated a 20,000-meter drill program aimed at resource expansion and new discoveries.
- Market Attention: As the U.S. government emphasizes the antimony supply chain, companies like NevGold are attracting growing investor interest, which is expected to drive the development and production of antimony and other critical minerals to meet future market demands.
See More
U.S. Rebuilding Antimony Supply Chain Attracts Investment
- Strategic Investment Approval: On May 21, 2026, the Export-Import Bank of the United States unanimously approved a $2.9 billion long-term loan to support Perpetua Resources Corp.'s Stibnite Gold-Antimony Project in Idaho, which not only funds the project but also underscores the U.S. government's commitment to rebuilding critical mineral supply chains.
- Rising Importance of Antimony: Antimony's strategic significance is increasingly highlighted, particularly given that there is only one active antimony smelter in the U.S., with government investment aimed at reducing dependence on China, thereby enhancing national security and economic resilience.
- NevGold Project Progress: NevGold Corp. is advancing its Limousine Butte project in Nevada, with a maiden antimony-gold Mineral Resource Estimate expected in Q2 2026, and on May 21, it commenced a 20,000-meter drill program aimed at resource expansion and new discoveries, further solidifying its position in U.S. antimony production.
- Increased Market Attention: As the U.S. government emphasizes the antimony supply chain, investor interest in NevGold and other domestic mineral developers is rising, particularly for projects with near-term production potential, which are expected to attract more capital to meet growing market demands.
See More
NevGold's Nevada Project Supports U.S. Critical Minerals Strategy
- Rich Mineral Resources: The Limousine Butte project in Nevada has reported consistent oxide antimony and gold mineralization in every drillhole, with antimony grades reaching 0.32%, highlighting its significance in the U.S. defense industry and the potential to establish a domestic antimony supply chain.
- Utilization of Historical Resources: The project capitalizes on a 35-year-old crushed ore pile, avoiding new mining's environmental impacts and demonstrating efficient resource reuse potential, aligning with U.S. critical mineral demands.
- Strong Financing Support: NevGold successfully increased its financing from C$25 million to C$42 million in April 2026, reflecting robust market demand and investor confidence, providing ample funding for project advancement.
- Clear Production Goals: NevGold aims to achieve antimony production by 2027, ahead of its industry peers, indicating a competitive edge in the critical minerals market and likely attracting increased investor interest.
See More
Nova Minerals Updates on 2026 Field Season and Antimony Development
- Fully Funded Programs: Nova Minerals has secured over $60 million for its 2026 field season activities, which will accelerate the development of its Estelle Gold and Critical Minerals Project in Alaska, ensuring timely progress toward the Feasibility Study stage.
- Drilling Initiatives: The company plans to conduct up to 10,000 meters of drilling at the RPM deposit, focusing on resource definition and expansion, which is expected to significantly enhance both gold and antimony resource estimates, thereby increasing future production potential and market competitiveness.
- Antimony Production Milestones: The first lab-scale antimony metal and military-grade antimony trisulfide samples are in the final preparation stages, which will lay a crucial foundation for establishing a domestic U.S. antimony supply chain and drive the company toward its production targets set for late 2026 to early 2027.
- Infrastructure Development: With the successful delivery of heavy equipment and construction materials, the construction of the access trail to the Stibium prospect has commenced, which is expected to enhance operational efficiency and support future production expansion, further solidifying Nova's market position in the critical minerals sector.
See More
NevGold Discovers High-Grade Antimony at Pre-Strip Dump
- Antimony Discovery: NevGold has identified surface grades of up to 53.7% antimony at the Pre-Strip Dump in Nevada, with six samples exceeding 10%, indicating a significant mineral resource that could bolster U.S. antimony supply.
- Market Context: Following China's export ban on antimony, U.S. prices surged to record highs in 2024 and 2025, making NevGold's discovery timely as the U.S. accelerates efforts to secure domestic sources of this critical mineral.
- Resource Assessment Progress: NevGold is advancing a modern Mineral Resource Estimate based on a 130,000-meter drilling database, with plans to publish the first-ever estimate for antimony-gold resources, laying the groundwork for future production.
- Policy Support: The U.S. Export-Import Bank's approval of a $2.9 billion loan to Perpetua Resources underscores government commitment to domestic antimony projects, further enhancing NevGold's strategic position in this critical sector.
See More
NevGold Uncovers High-Grade Antimony in America Amid Supply Chain Concerns
- Antimony Discovery: NevGold Corp. has uncovered surface grades of up to 53.7% antimony at the Pre-Strip Dump in Nevada, with six samples exceeding 10%, indicating significant mineral potential that could bolster U.S. antimony supply.
- Market Context: Following China's export ban on antimony, Western prices surged to record highs in 2024, and NevGold's discovery comes at a critical time as the U.S. seeks to reduce reliance on Chinese supply, highlighting its strategic importance.
- Resource Assessment Progress: NevGold is advancing its first modern Mineral Resource Estimate, covering historical gold leach pads and the Pre-Strip Dump, expected to utilize a 130,000-meter drillhole database to provide a more accurate resource estimate and propel the project forward.
- Policy Support: The U.S. Export-Import Bank approved a $2.9 billion loan to Perpetua Resources, underscoring government commitment to domestic antimony supply, with NevGold's discovery potentially becoming a key component in U.S. antimony mining development.
See More
U.S. Commitment to Antimony Supply Chain Sparks Investor Interest
- Strategic Investment: On May 21, 2026, the Export-Import Bank of the United States approved a $2.9 billion long-term loan to support Perpetua Resources' Stibnite Gold-Antimony Project in Idaho, demonstrating a strong federal commitment to rebuilding domestic critical mineral supply chains, which is expected to enhance U.S. independence in antimony.
- Importance of Antimony: With only one active antimony smelter in the U.S. and China historically dominating global supply, the rising geopolitical risks have highlighted antimony's strategic significance, prompting increased investor interest in domestic antimony project developments.
- NevGold Project Progress: NevGold Corp. is advancing its Limousine Butte project in Nevada, targeting the completion of its maiden antimony-gold Mineral Resource Estimate in Q2 2026, and has initiated a 20,000-meter drill program aimed at resource expansion and new discoveries.
- Market Attention: As the U.S. government emphasizes the antimony supply chain, companies like NevGold are attracting growing investor interest, which is expected to drive the development and production of antimony and other critical minerals to meet future market demands.
See More
U.S. Rebuilding Antimony Supply Chain Attracts Investment
- Strategic Investment Approval: On May 21, 2026, the Export-Import Bank of the United States unanimously approved a $2.9 billion long-term loan to support Perpetua Resources Corp.'s Stibnite Gold-Antimony Project in Idaho, which not only funds the project but also underscores the U.S. government's commitment to rebuilding critical mineral supply chains.
- Rising Importance of Antimony: Antimony's strategic significance is increasingly highlighted, particularly given that there is only one active antimony smelter in the U.S., with government investment aimed at reducing dependence on China, thereby enhancing national security and economic resilience.
- NevGold Project Progress: NevGold Corp. is advancing its Limousine Butte project in Nevada, with a maiden antimony-gold Mineral Resource Estimate expected in Q2 2026, and on May 21, it commenced a 20,000-meter drill program aimed at resource expansion and new discoveries, further solidifying its position in U.S. antimony production.
- Increased Market Attention: As the U.S. government emphasizes the antimony supply chain, investor interest in NevGold and other domestic mineral developers is rising, particularly for projects with near-term production potential, which are expected to attract more capital to meet growing market demands.
See More
NevGold's Nevada Project Supports U.S. Critical Minerals Strategy
- Rich Mineral Resources: The Limousine Butte project in Nevada has reported consistent oxide antimony and gold mineralization in every drillhole, with antimony grades reaching 0.32%, highlighting its significance in the U.S. defense industry and the potential to establish a domestic antimony supply chain.
- Utilization of Historical Resources: The project capitalizes on a 35-year-old crushed ore pile, avoiding new mining's environmental impacts and demonstrating efficient resource reuse potential, aligning with U.S. critical mineral demands.
- Strong Financing Support: NevGold successfully increased its financing from C$25 million to C$42 million in April 2026, reflecting robust market demand and investor confidence, providing ample funding for project advancement.
- Clear Production Goals: NevGold aims to achieve antimony production by 2027, ahead of its industry peers, indicating a competitive edge in the critical minerals market and likely attracting increased investor interest.
See More
