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NVABullishCorporate Developmentsnews

High materiality8/10

Nova Minerals advances Estelle toward antimony production with 3-rig field season

Aug 12, 2026, 6:38 AM EDT1 sourcesAI-analyzed

Why it may matterVerify against the original reporting

Visible progress toward production (3 rigs, pilot feed) plus a substantial US government grant reduce execution risk and support valuation upside, with a clear 2027 production timeline.

AI summary

What happened, with direct paths to the underlying reporting

Nova Minerals reports three diamond rigs running 24/7 at Estelle as it moves toward first antimony production. Bulk sampling at Styx and RPM drilling target down-dip zones and a 3 km strike, with ore processing planned for a Port MacKenzie pilot plant; equipment en route and permitting progress support a near-term production path.

Three diamond drill rigs active 24/7 at Estelle; advancing toward production.
Styx bulk sampling underway; over 50 tons moved for antimony pilot feed.
RPM drilling expands 3+ km strike; new mineralized intrusives; assays pending.
Antimony production targeted 2027; US$43.4M War Dept award; permitting advances.

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