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Nova Minerals welcomes Alaskan Governor at Estelle Gold Project; eyes major infrastructure connect

Published 09/08/2023, 10:37 am
Updated 09/08/2023, 11:00 am
Nova Minerals welcomes Alaskan Governor at Estelle Gold Project; eyes major infrastructure connect
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Nova Minerals Ltd (ASX:NVA, OTCQB:NVAAF) has played host to Alaska's State Governor Mike Dunleavy and the commissioner of the Alaska Department of Transportation and Public Facilities (DOT&PF), Ryan Anderson, at its flagship Estelle Gold Project in the West Susitna Mining District of Alaska.

The high-profile visit comprised an overview tour of the West Susitna Access Road (WSAR), a proposed 100-mile-long road corridor that will connect Estelle with existing state infrastructure.

The WSAR will provide Estelle access to highways, rail, power and Port Mackenzie, as well as a large and skilled workforce living in the nearby Anchorage, Palmer and Wasilla communities.

Meanwhile, at the RPM deposit, the Nova drill program is advancing on time and budget, with first assays expected this month and an additional drill rig set to be mobilised to the Train area in the next week.

Stimulate growth in economy

Nova CEO Christopher Gerteisen said: “We were honoured and appreciate Governor Dunleavy taking the time to visit the Estelle Gold Project site this week as we continue our exploration and development activities in pursuit of bringing Estelle into commercial production.

“As a strong proponent of sustainable mining in Alaska, we are also thankful for the policy under Governor Dunleavy’s administration of investing in critical infrastructure to stimulate growth in Alaska’s economy, including kicking off the all-weather, year-round West Susitna Access Road which will provide access to the area west of the Susitna River for recreation, jobs and natural resource development to benefit all Alaskans.

“We look forward to working with all governments, agencies and stakeholders as we advance the exciting district-scale Estelle Gold Project.”

About WSAR

The WSAR comprises a 100-mile-long transportation corridor across the West Susitna Valley to the Alaska Range, which will connect existing road, power, rail and port infrastructure in the MatSu Valley with the West Susitna Mining District.

The proposed road has been the subject of several studies over the past decade which have indicated that a road would provide significant benefits to the local community and the State of Alaska including recreation, subsistence and other resource harvesting opportunities and enable access to a mining epicentre for gold, copper and strategic minerals.

The route of the current road design lies 100% on MatSu Borough-owned or State of Alaska land.

Map showing the route of the proposed West Susitna Access Road

District 30 representative and chair of the Alaska House Committee on Transportation, Kevin McCabe, said: "This access road will also open up Alaska land for exploration and mineral resource development; something Alaskans do better, safer and with more respect for the ecosystem than anyone else.”

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