en.Wedoany.com Reported - Nova Minerals Limited is advancing its flagship Estelle Gold and Critical Minerals Project in Alaska, planning one of the largest exploration and development campaigns in company history for the 2026 field season, with the goal of achieving pilot-scale antimony production by late 2026 to early 2027.

Company CEO Christopher Gerteisen stated that Nova Minerals is simultaneously advancing feasibility studies and pilot antimony production. Key work in 2026 includes resource definition drilling at the RPM deposit, continued exploration of the Stibium and Styx antimony prospects, and permitting and environmental work for future mine development.

The 2026 project is fully funded, with available capital exceeding US$60 million through existing cash reserves and funding from the Department of War (DoW). Management noted that the strong financial position allows the company to flexibly accelerate development and exploration activities as needed throughout the field season.

At the core of the annual program is a major drilling campaign totaling 10,000 meters within the Estelle project. Up to three diamond core rigs are expected to operate simultaneously, focusing on infill and expansion drilling at the RPM gold deposit, while continuing targeted drilling at the Stibium antimony prospect. Work at Stibium aims to advance the exposed stibnite vein system and improve resource delineation.

Drilling activities will be combined with extensive regional exploration, including geological mapping, reconnaissance sampling, soil grid surveys, and trenching of stibnite-bearing veins. Key target areas include RPM, West Wing, Stibium, Portage Pass, and Styx, where bulk sampling is planned to further assess antimony mineralization.

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