Nova Minerals Advances Gold & Antimony Projects with DoD Support

Nova Minerals Ltd. (NASDAQ: NVA) CEO Christopher Gerteisen recently appeared on Benzinga's All Access to discuss the company's ambitious mining operations at the Estelle Project in Alaska. The company is focused on gold, antimony, and critical minerals exploration across a massive 514 km² area containing multiple mining complexes along a 35 km mineralized corridor. With over 20 advanced prospects already identified, including two multi-million ounce gold resources and several drill-ready antimony targets, Nova Minerals has defined nearly 10 million ounces of gold and is working toward completing a feasibility study. Gerteisen revealed the company aims to bring gold production to market by next year, highlighting the significant potential of their extensive mineral holdings.

The interview revealed a particularly compelling opportunity in antimony production, which has captured significant attention from the Department of Defense. Gerteisen emphasized that antimony—a critical mineral used in cleantech, greentech, hightech applications, and munitions—is not currently produced anywhere in the United States, with Russia and China serving as the only global producers who have been restricting U.S. access. This strategic vulnerability has prompted the Department of Defense to take serious interest in domestic antimony production, positioning Nova Minerals as a "real first mover" in bringing this essential production back to American soil. The company is currently in advanced stages of securing a non-dilutive grant from the Department of Defense to fast-track antimony production, potentially creating a secure domestic supply chain for this critical mineral.

Beyond the two primary gold projects, Gerteisen noted the presence of twenty additional prospects at the Estelle site showing promising signs of gold, copper, silver, and antimony mineralization. The interview, originally published on Benzinga, provides comprehensive insights into Nova Minerals' strategic positioning in both precious metals and critical minerals markets. The company's progress represents a significant development in domestic resource development, particularly given the growing geopolitical tensions around mineral supply chains and the increasing demand for materials essential to both national security and emerging technologies.