Nova Minerals Limited (NASDAQ:NVA) is one of the best hot stocks to buy according to analysts. On March 9, Nova Minerals reported high-grade gold assay results from its 2025 surface sampling program at the RPM project, part of the Estelle Gold and Critical Minerals Project in Alaska. The program identified new gold anomalies to the west of the existing site and along the northern end of the RPM ridgeline. Key findings include rock samples grading up to 24.6 g/t Au and soil samples peaking at 5.5 g/t Au, building upon previous reconnaissance that returned values as high as 52.3 g/t Au.

Nova Minerals Limited (NASDAQ:NVA) designated the RPM ridgeline as a high-priority drill target for its 2026 exploration season. Technical data from drone magnetometry and geochemical sampling suggest that the northern extension of the ridge shares similar magnetic signatures and geological characteristics with the main RPM deposit. Geologists noted that the gold was found within stockwork quartz veining in both intrusive and hornfels host rocks, supporting the potential for high-grade pods similar to those previously discovered at RPM North.

Success at these new anomalies could provide significant upside for the broader Estelle Project, particularly due to their proximity to established access routes. While further investigation is required for the anomalies located to the west, the company intends to return in 2026 to expand on these targets. This upcoming program will focus on systematic drill testing to confirm the scale and grade of these recent surface discoveries.

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Nova Minerals Limited (NASDAQ:NVA) explores mineral properties in Australia and the US. The company explores for gold, antimony, and critical minerals.

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