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ASX:NVA

15 stories mentioning ASX:NVAUpdated 4d ago

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Asia

Nova Minerals Says First Antimony Production From Alaska Pilot Plant Targeted for 2027

Nova Minerals (ASX:NVA) said the first antimony production from its proposed Port MacKenzie pilot plant in Alaska designed to treat concentrate from the Estelle project and potential third-party domestic and allied feedstocks is targeted for 2027, according to a Monday Australian bourse filing.Engineering and design for the pilot plant facility has been completed, the company said. Process plant equipment procurement is underway, with key components delivered or in transit, and construction is expected to start in the coming months.In the same filing, the company welcomed an executive order signed by US President Donald Trump on July 20 titled, "Securing America's Defense Supply Chains and Ensuring Domestic Acquisition of Critical Materials."

ASX:NVA
Asia

Nova Minerals Completes Engineering, Design for Antimony Pilot Processing Plant in Alaska

Nova Minerals (ASX:NVA) completed the engineering and design for its Estelle antimony pilot processing plant in Alaska, and expects construction to start in the current quarter, according to a late Monday statement.The engineering and design for the fully funded pilot plant covers the Whiskey Bravo front-end processing site, Port MacKenzie beneficiation plant, Port MacKenzie refinery, and supporting infrastructure.The plant will use a proprietary cleaner hydrometallurgical processing method to ensure that antimony trisulfide production is in line with US Department of War military-grade quality specifications, the company said.The antimony project is ahead of schedule as it enters the execution phase, Nova Minerals CEO Christopher Gerteisen said.

ASX:NVA
Asia

Nova Minerals' Low-Grade Ore Achieves Gold Recoveries Exceeding 95%

Nova Minerals' (ASX:NVA) flotation testing on low-grade Korbel ore produced gold concentrate of up to 26.7 grams per tonne grade of gold with recoveries exceeding 95%, according to a Tuesday filing with the Australian bourse.The testing was conducted on a composite sample generated from diamond drill core from the Korbel Main deposit, part of the Estelle project in Alaska, within a broader pre-feasibility study-level metallurgical test work program, the filing said.Carbon-in-leach test work and further studies are in progress to refine the flowsheet, confirm high gold recovery and gangue rejection, and optimize plant design and overall project economics, per the filing.

ASX:NVA
Asia

Nova Minerals Completes US Redomicile, Advances 2026 Drilling Programs

Nova Minerals (ASX:NVA) completed its redomicile to the US, with its common stock and listed warrants now trading on the New York Stock Exchange American, according to a late Monday statement by the company.The company's shares are listed on the NYSE American under the symbol "NVA" while its Chess depositary interests continue to trade on the Australian Securities Exchange.The company reported that its 2026 field season is in progress, with drilling underway at the Stibium antimony-gold prospect in Alaska, targeting surface stibnite-bearing veins, alongside a second program at RPM Ridge focused on gold anomalies.It has completed a large-scale nearly 2,000 line-mile Z-Axis tipper electromagnetic airborne geophysical survey across the broader claim block, with results expected to refine targeting across key zones, including RPM and West Wing.It added that fieldwork, including mapping and sampling, is progressing alongside access road development, camp upgrades, airstrip expansion, and planning for future antimony processing infrastructure.The company expanded its stake in Amara Minerals (ASX:AM3) through a AU$500,000 placement, securing equity and options while retaining a right of first refusal on antimony offtake.

ASX:AM3ASX:NVA
Asia

Nova Minerals Completes Plan to Redomicile to US

Nova Minerals (ASX:NVA) said its plan to redomicile to the US from Australia became effective as of Wednesday, according to a same-day statement.The company's shares and warrants issued in connection with the move are expected to start trading on the NYSE American under the symbols "NVA" and "NVAWS," respectively, on or around Wednesday.

ASX:NVA
Asia

Nova Minerals Reports Implementation of Schemes of Arrangement for New US Holding Entity

Nova Minerals (ASX:NVA) said schemes of arrangement for Nova Minerals Corp to become the group's new US-based holding entity have now been implemented, according to a Tuesday filing with the Australian bourse.All of Nova Minerals' shares and Nasdaq-listed warrants have been transferred to Nova Minerals Corp.Holders of Nova's ASX shares received one Nova Minerals Corp Chess depositary interest for each share held, while holders of Nasdaq-listed warrants received three Nova Minerals Corp warrants listed on the New York Stock Exchange for every warrant held.Nova Minerals' shares on the ASX were suspended at the close of trading on June 3, and the company plans to seek its removal from the ASX official list effective from the close of trading on Wednesday, per the filing.Meanwhile, the trading of Nova Minerals Corp's shares and warrants on the NYSE American is also expected to start on Wednesday.

ASX:NVA
Asia

Nova Minerals Says Schemes for New US Holding Entity Become Legally Effective; Shares Fall 7%

Nova Minerals (ASX:NVA) said court orders approving Nova Minerals Corp as the new US holding entity for the Nova Minerals group have been lodged with the Australian Securities and Investments Commission, making the associated schemes of arrangement legally effective, according to a Wednesday filing with the Australian bourse.The Supreme Court of New South Wales recently approved proposed schemes allowing Nova Minerals Corp to acquire all existing shares and Nasdaq-listed warrants of Nova Minerals.Nova Minerals expects its Australia-listed shares to be suspended from the bourse at the close of Wednesday trading.The shares fell 7% in recent trade.

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Wire

Update: Nova Minerals Says New South Wales Court Approves New US Holding Entity Plan; Shares Fall 6%

(Updates to add stock movement in the headline and last paragraph)Nova Minerals (ASX:NVA) said the Supreme Court of New South Wales has approved its proposed schemes of arrangement, enabling newly formed Nova Minerals Corp to acquire all existing shares and Nasdaq-listed warrants and become the group's new US-based holding entity, according to an Australian bourse filing on Tuesday after market hours.The schemes are expected to take legal effect on Wednesday upon lodgment of the court orders with the Australian Securities and Investments Commission, after which the company shares are anticipated to be suspended from trading on the Australian Securities Exchange, the filing added.The company's shares fell around 6% in recent Wednesday trade.

ASX:NVA
Asia

Nova Minerals Says New South Wales Court Approves New US Holding Entity Plan

Nova Minerals (ASX:NVA) said the Supreme Court of New South Wales has approved its proposed schemes of arrangement, enabling newly formed Nova Minerals Corp to acquire all existing shares and Nasdaq-listed warrants and become the group's new US-based holding entity, according to an Australian bourse filing on Tuesday after market hours.The schemes are expected to take legal effect on Wednesday upon lodgment of the court orders with the Australian Securities and Investments Commission, after which the company shares are anticipated to be suspended from trading on the Australian Securities Exchange, the filing added.

ASX:NVA
Wire

Nova Minerals Says Shareholders, Listed Warrant Holders Approve Schemes of Arrangement for New US Holding Entity

Nova Minerals (ASX:NVA) said the majority of its shareholders and the holders of its Nasdaq-listed warrants voted in favor of the proposed schemes of arrangement under which Nova Minerals Corp will acquire all of Nova Minerals' issued ordinary shares and listed warrants and become the new US holding entity of the Nova Minerals group, according to a Monday Australian bourse filing.Nearly 99% of the votes cast by shareholders were in favor of the proposed arrangements, while almost 100% of the votes cast by beneficial listed warrant holders were in favor.A court hearing for the Supreme Court of New South Wales to consider and potentially approve the schemes of arrangement is scheduled for Tuesday.Nova Minerals' shares fell nearly 1% in early trading on Monday.

ASX:NVA
Asia

Nova Minerals Plans Up to 10,000 Meters of Drilling at Alaska Gold-Critical Minerals Project

Nova Minerals (ASX:NVA) will advance its Estelle gold-critical minerals project in Alaska to pre-feasibility study stage as it plans a drilling program of up to 10,000 meters for 2026, with up to three diamond core rigs to be deployed, according to a Thursday Australian bourse filing.Pilot-scale antimony production is on track for first production in late 2026 to early 2027, the filing said. The company's first lab-scale antimony metal and military-grade antimony trisulfide samples derived from Estelle ore are in the final stages of preparation.The company plans to conduct a multi-element surface exploration program across the project, comprising reconnaissance and prospect scale sampling, excavation of outcropping stibnite ore vein material, detailed mapping of key target areas, and soil grid surveys.Nova Minerals' shares rose past 1% in recent Thursday trade.

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Asia

Nova Minerals Completes Freight Mobilization to Alaska Project

Nova Minerals (ASX:NVA) completed its winter freight mobilization to the Estelle project in Alaska, with equipment and supplies needed for the mining, extraction, and processing of antimony ore now delivered to site, according to a Monday filing with the Australian bourse.Ore sorters are scheduled for delivery, and procurement of processing equipment for the downstream antimony refinery has started, the filing said.The company's shares were down almost 2% in recent Monday trade.

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Asia

Nova Minerals Says Bank of New York Mellon Increases Stake

Nova Minerals (ASX:NVA) received notice that Bank of New York Mellon and its affiliated entities increased their holdings in the company to 50.28% from 49.25%, according to a Thursday filing with the Australian bourse.Bank of New York Mellon and its affiliates now owns 229.3 million shares in the company, the filing said.

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Asia

Nova Minerals Finds New Gold Anomaly at US Project, Shares Up 9%

Nova Minerals (ASX:NVA) said a "potentially significant" new gold anomaly was defined at Portage Pass from field observations and 2025 surface assays at its Estelle gold and critical minerals project in Alaska, according to a Tuesday Australian bourse filing.The company said the anomaly is supported by seven rock samples grading above 2 grams per tonne grade of gold, including a high of 14.3 g/t gold, and 10 soil samples grading above 0.5 g/t gold with a peak of 1.8 g/t gold.The geochemical signature is comparable to the multi-million ounce Korbel gold deposit across the ridgeline to the north, with mineralization appearing more consistent and higher grade, and strong potential for a valley-scale extension.The company has planned a 2026 soil sampling program, with a follow-up induced polarization geophysical survey to be undertaken in line with the exploration approach that led to the Korbel discovery.The company's shares rose 9% in recent Tuesday trade.

ASX:NVA
Asia

Nova Minerals Appoints New CFO; Shares Down 4%

Nova Minerals (ASX:NVA) appointed Ashlie Thorburn as chief financial officer, effective April 20, according to a Monday Australian bourse filing.Thorburn has more than 20 years of experience in senior financial leadership roles, primarily within the mining industry across both publicly listed and private companies, the filing added.The company's shares fell almost 4% in recent Monday trade.

ASX:NVA

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