Nova Minerals Corp. received final approvals from the Alaska Department of Natural Resources for the Plan of Operations and Reclamation Plan for its Department of War-funded (DoW) Alaska antimony project, completing the project’s permitting process and clearing the way for construction and development activities targeting production in 2027.
The final approvals authorize construction and operating activities over an initial three-year term across the project’s integrated development pathway. This includes stibnite mining at the Styx and Stibium prospects, intermediate-stage ore sorting and processing at the Whiskey Bravo concentration site within the Estelle Project, and downstream processing and refining at Port Mackenzie, Alaska.
The company is fully funded for Phase 1 through its existing $43.4 million award from the DoW to support development of domestic production capacity for military-grade antimony trisulfide. Nova said it has procured and delivered all major long-lead and critical mining and processing equipment to project locations, and it is targeting 2027 production.
“In a relatively short period, we have secured $43.4 million in DoW funding, completed the permitting process, advanced engineering and metallurgical test work, and delivered critical equipment to our project locations. With these key milestones achieved, our focus is now on execution. We believe the project has the potential to contribute to a more secure U.S. domestic antimony supply chain, while creating a meaningful new growth opportunity for Nova and our shareholders,” said Nova Minerals CEO Christopher Gerteisen.
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