Business UpdateJun 22, 2026, 06:32 AM
Nova Minerals Completes US Redomicile; Ramps Up Gold & Antimony Drilling
AI Summary
Nova Minerals Corp announced the successful completion of its redomicile to the United States, with its common stock and listed warrants now trading on the NYSE American. The company also provided an update on its 2026 field season, confirming the commencement of both antimony and gold drilling activities. A major 2,000 line-mile ZTEM airborne geophysical survey was completed, and site infrastructure development is progressing. Additionally, Nova Minerals increased its strategic investment in Amara Minerals through a A$500,000 share placement.
Key Highlights
- US redomicile successfully completed; common stock and warrants trading on NYSE American.
- Antimony drilling commenced in early June at Stibium antimony-gold prospect.
- Gold drilling commenced June 17 at RPM ridge, targeting geochemical anomalies.
- Nearly 2,000 line-mile ZTEM airborne geophysical survey completed across claim block.
- US$43.4 million DoD-funded antimony project progressing; equipment procurement complete.
- Increased investment in Amara Minerals with A$500,000 share placement.
- Antimony ore extraction and process plant construction on schedule to commence this year.
Price Impact
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