Nova Minerals Stock Price, News & Analysis

Nova Minerals (NASDAQ: NVA) announced that the Alaska Industrial Development and Export Authority (AIDEA) has submitted a permit application for the West Susitna Access Road, a crucial infrastructure project supporting the Estelle Project. The proposed 78.5-mile all-weather road will connect Alexander Creek to the Whiskey Bravo airstrip, with permitting expected during 2025-2026.

The project has received strong backing from government officials, including Governor Mike Dunleavy, and will complement a separate 22-mile road extension by the Alaska Department of Transportation, scheduled for construction in late 2025. The Governor has requested expedited permitting and priority status for the project, citing its importance to Alaska's economic development and national security.

The road will follow a public-private partnership model similar to AIDEA's successful Delong Mountain Transportation System, aiming to enhance access for local communities while supporting resource development in the region.

Nova Minerals (NASDAQ: NVA) reported significant progress at its Estelle Gold and Critical Minerals Project in Alaska, garnering strong support from state leaders, federal representatives, and local stakeholders. The project has defined nearly 10 million ounces of gold and detected substantial antimony deposits, positioning it as a strategic resource for U.S. national defense.

The company's Board of Directors conducted site visits and held meetings with key stakeholders, including representatives from U.S. Senators Lisa Murkowski and Dan Sullivan's offices, and U.S. Representative Nick Begich. The project received strong backing from the Matanuska-Susitna Borough, with over 25 Alaskan leaders attending a reception at Port MacKenzie.

Nova is advancing in alignment with Executive Order 14153, following the path of successful companies like MP Materials (market cap ~A$16B) and Perpetua Resources (market cap ~A$2.4B), and has received a positive technical assessment from the Department of Defense for critical minerals production.

Nova Minerals (NASDAQ: NVA) has commenced its 2025 drilling program at the high-grade RPM deposit in Alaska, operating with two diamond drill rigs and one reverse circulation (RC) rig during all daylight hours. The drilling program focuses on the RPM North and RPM Valley zones, with initial geological observations showing promising characteristics.

The RC rig has successfully penetrated 30 meters of glacial till in just hours, while significant resource potential exists in the valley-fill material with a >1g/t gold-in-soil anomaly extending over 1.7km and estimated mineralized thickness of nearly 40 meters. Additional drilling is ongoing at the Stibium antimony-gold prospect, while the company awaits a potential U.S. Department of Defense grant update for its Antimony Project.

Nova Minerals (NASDAQ: NVA), a gold and critical minerals exploration company, has successfully completed its underwritten public offering of 1,200,000 American Depositary Shares (ADS) at $9.25 per ADS, with each ADS representing 60 ordinary shares.

The proceeds will fund resource and exploration field programs, including drilling and exploration activities, feasibility studies, and general working capital at the company's Estelle Gold Project in Alaska. ThinkEquity served as the sole book-running manager for the offering, which was conducted through an SEC-registered Form F-1 that became effective on July 14, 2025.

["Successful completion of public offering to raise capital", "Funds secured for exploration and development activities at Estelle Gold Project", "Expanded access to U.S. capital markets through ADS offering"]

Nova Minerals (NASDAQ: NVA), a gold and critical minerals exploration company, has announced the pricing of its public offering of 1,200,000 American Depository Shares (ADS) at $9.25 per ADS, aiming to raise approximately $11.1 million in gross proceeds.

The offering includes a 45-day option for underwriters to purchase up to 120,000 additional ADSs for over-allotments. Each ADS represents 60 ordinary shares. The proceeds will fund resource and exploration programs, drilling, feasibility studies, and working capital. ThinkEquity serves as the sole book-running manager, with the offering expected to close on July 16, 2025.

Nova Minerals (NASDAQ: NVA), a gold, antimony, and critical minerals exploration company, has filed a Form F-1 registration statement with the SEC for a secondary public offering of American Depositary Shares (ADSs). Each ADS will represent 60 ordinary shares, with an assumed price of $12.56 per ADS based on June 30, 2025 trading.

ThinkEquity will serve as the sole book-running manager for the offering. The proceeds will fund resource and exploration programs, including drilling, feasibility studies, and working capital. The offering will comply with ASX listing rules 7.1 and 7.1A, with Nova's shares continuing to trade on ASX, OTC Pink, Frankfurt Exchange, and Nasdaq.

Nova Minerals (NASDAQ: NVA) has announced the appointment of Chaim (Dovi) Berger as an Independent Non-Executive Director, effective July 1, 2025. Mr. Berger brings over 10 years of experience in finance and legal matters, with expertise in corporate law, accounting, taxation, and M&A.

As a U.S.-based executive, qualified attorney, and CPA, Berger will serve on both the Audit & Risk Committee and the Remuneration & Nomination Committee. His appointment strengthens Nova's leadership with his proven track record in strategic acquisitions, regulatory compliance, and financial controls implementation.

Nova Minerals has initiated drilling operations at its Stibium prospect, targeting both gold and antimony mineralization. A 3,000m maiden diamond drill program is underway, with surface sampling revealing significant mineralization over an 800m by 400m area. Notable sample results include up to 60.5% Sb and 141 g/t Au. The company is deploying additional drilling capacity, with a second diamond rig and RC rig scheduled to begin later in June. Nova is pursuing U.S. Department of Defense funding to accelerate antimony production, including plans for a processing hub at Port Mackenzie, Alaska. If successful, the company aims to expand drilling operations, develop metallurgical facilities, engage with offtake partners, and hire antimony refining expertise. The broader 2025 drilling program focuses on RPM, Korbel, and Stibium prospects, with flexibility to adjust based on results.

Nova Minerals has announced its 2025 exploration program at the Estelle Project in Alaska, featuring a 15,000-meter drilling campaign. The program will focus on three key areas: RPM (10,000m), Stibium (3,000m), and Korbel (2,000m). Preparations are underway with helicopters, crews, and equipment already on site. The campaign aims to advance RPM and Korbel deposits toward feasibility and permitting while establishing a maiden resource at Stibium for both gold and antimony. The company has applied for U.S. Department of Defense funding to potentially expand drilling operations. The program includes comprehensive surface sampling across the broader project area, with up to 40 people to be housed at the operational camp. Nova will utilize two diamond drill rigs and one company-owned RC rig, operating continuously during the Alaskan summer's 24-hour daylight.