- CEO
- Christopher Gerteisen
- Full Time Employees
- 2,100
- Sector
- Basic Materials
- Industry
- Other Precious Metals
- Address
- 242 Hawthorn Road Melbourne VIC Australia 3161
- IPO Date
- Mar 6, 2026
- Business
- Nova Minerals Limited (ASX:NVA; NASDAQ:NVA, NVAWW) engages in gold, antimony, and critical minerals exploration and development, primarily advancing its flagship district-scale Estelle Project in Alaska toward production; the project spans 514 square kilometers of state mining claims along a 35-kilometer mineralized corridor in the prolific Tintina Gold Belt, hosting multiple intrusion-related gold systems including RPM, Korbel, Styx, Train, and Stoney deposits with a pit-constrained S-K 1300 compliant resource of 4.5 million ounces gold at 0.3 g/t and a global JORC resource exceeding 6.6 million ounces gold at 0.3 g/t, alongside high-grade surface antimony prospects up to 37% Sb featuring massive stibnite veins. Core activities encompass resource delineation through ongoing drilling campaigns, metallurgical testwork demonstrating 60.3% antimony recovery via ore-sorting, scoping studies projecting NPV5% of US$654 million at US$1,850/oz gold with AISC US$1,149/oz, and pre-feasibility efforts evaluating starter mines at RPM gold or Stibium antimony operations linked to a downstream refinery at Port Mackenzie for military-grade antimony trisulfide, oxide, and metal production; operations target bulk tonnage truck-and-shovel mining across multi-million-ounce near-surface deposits open at depth, with exploration upside from over 20 additional prospects and potential third-party feedstock processing. Founded in 1987 and headquartered in Caulfield, Australia, the company conducts activities in Australia and the United States, maintaining an 85% interest in Estelle located 150 kilometers northwest of Anchorage. Recent developments include a US$43.4 million (A$65.5 million) 24-month Defense Production Act award in October 2025 from the U.S. Department of Defense to its subsidiary ARR for accelerating domestic antimony supply chain via drilling, studies, and capex, with procurement underway for mining fleet, crushers, ore sorters, and processing circuits targeting first antimony output in 2026/27; land use secured for the Port Mackenzie refinery; and a September 2025 strategic cornerstone investment of A$1 million for 7.8% of Adelong Gold Limited (ASX:ADG), securing first right of refusal on antimony offtake, board representation via COO Louie Simens, and exposure to high-grade gold-antimony projects in Australia and Brazil.