Nova Minerals Korbel flotation test achieves 26.7 g/t Au concentrate with >95% recovery, 2-3% mass pull

Nova Minerals Ltd

Low-grade Korbel ore (0.39–0.42 g/t Au) yielded gold recoveries exceeding 95% at 250 µm or finer grind.
High-grade concentrate of 14.7–26.7 g/t Au produced with only 2-3% mass pull (97-98% volume reduction).
Potential to eliminate ore sorting and heap leach, reduce capital/operating costs, and simplify flowsheet at Estelle.
Feasibility Study optimization ongoing; further coarse particle flotation and CIL test-work planned.
S-K 1300 compliant pit-constrained Korbel resource: 425 Mt @ 0.3 g/t Au (4.05 Moz Au).

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