Nova Minerals Advances Alaska Gold and Antimony Projects with Department of Defense Support

Nova Minerals Ltd. (NASDAQ: NVA) is advancing development of its Estelle Project in Alaska, which contains significant gold and antimony resources across a 514 km2 land package. CEO Christopher Gerteisen recently discussed the company's progress during an interview with Benzinga, highlighting the strategic importance of both minerals for domestic supply chains and national security.

The Estelle Project comprises multiple mining complexes across a 35 km long mineralized corridor containing over 20 advanced gold and antimony prospects. The company has defined almost 10 million ounces of gold across two multi-million ounce resources and is working on a feasibility study. Gerteisen indicated the company aims to bring gold production to market sometime next year, representing a significant development in domestic mineral production.

Beyond the two primary gold projects, Gerteisen noted there are twenty other prospects at the site showing mineralization of gold, copper, silver and antimony. The antimony component represents a particularly strategic opportunity for Nova Minerals, with the Department of Defense showing strong interest in developing domestic production. Antimony serves critical functions in cleantech, greentech, hightech applications and munitions, yet currently no domestic production exists in the United States.

The current global supply chain for antimony presents significant vulnerabilities, with Russia and China serving as the only producers and reportedly restricting access to the United States. This situation has heightened the Department of Defense's interest in establishing domestic antimony production capabilities. Gerteisen stated the company has positioned itself as a first mover in bringing antimony production back to the U.S. and is in advanced stages of securing a non-dilutive grant from the Department of Defense to fast-track production.

The strategic implications of Nova Minerals' progress extend beyond commercial mining operations. Establishing domestic antimony production addresses critical supply chain vulnerabilities that affect multiple sectors including defense, technology, and clean energy. The company's advancement toward gold production next year, combined with the potential for domestic antimony production, represents a significant step in reducing U.S. dependence on foreign mineral sources while supporting national security objectives.

For those interested in the complete discussion, the full interview is available at https://www.youtube.com/watch?v=EmeGVGPSJ_8. The company's progress at the Estelle Project demonstrates how strategic mineral development can simultaneously serve commercial interests while addressing broader national priorities in mineral security and supply chain resilience.