Nova Minerals Limited Achieves 132% Upgrade in Antimony Concentrate, Paving the Way for a Strategic U.S. Defense Supply Chain Opportunity
Thursday, August 7, 2025
at
8:33 am
Nova Minerals Limited reveals breakthrough ore sorting results on its Styx antimony sample. Achieving a 132% upgrade with high gold recovery, this advancement paves the way for low-cost, on-site processing and positions the company to secure a domestic antimony supply, offering potential early cash flow benefits.
Nova Minerals Limited has released encouraging results from its antimony ore sorting program at the Estelle Project in Alaska. In a recent test on a 500kg bulk sample from the Styx prospect, the company achieved an impressive 132% upgrade in antimony quality. A single pass through an XRT sensor-based ore sorter raised the feed grade from 15.2% antimony (24.5% antimony trisulfide) to a concentrate grade of 35.2% antimony (49.1% antimony trisulfide) while recovering 60.3% of the contained antimony in just 26.1% of the original mass.
In addition to antimony, the test work demonstrated benefits for gold recovery, with gold in the tailings upgraded from 1.90 g/t to 2.99 g/t—a 57.4% grade increase achieved through a 52.5% recovery rate. The technical data, which includes detailed recovery curves and mass pull figures, confirms that Nova’s ore sorting technology can effectively produce a premium-grade, saleable antimony concentrate. The company has also outlined a conceptual processing flowsheet that integrates on-site ore sorting to maximize the value of both antimony and gold, paving the way for potential direct shipping ore and early cash flow generation.
The latest breakthrough comes at a time when global supply chains for strategic materials are under considerable pressure due to geopolitical tensions and export restrictions. With the Estelle Project showing high-grade antimony in surface samples—and with independent reports identifying it as one of few U.S. projects with near-term production potential—Nova Minerals Limited is positioning itself to become a key domestic supplier of this defense-essential mineral. The company is actively engaging with U.S. government initiatives through its involvement in the Defense Industrial Base Consortium and ongoing Department of Defense grant applications.
Investors may view these developments with optimism. Bullish sentiment is supported by the strong upgrade results, the clear path to on-site processing, and the strategic importance of re-establishing a domestic antimony supply chain in the current environment. However, cautious investors might note that further testing and downstream processing development remain to be completed, and the company will need to ensure that operational execution meets its ambitious goals. Nonetheless, the announcement positions Nova Minerals Limited as a compelling player in the antimony and critical minerals space, with significant potential to capitalize on evolving supply dynamics.