ETFOptimize | High-performance ETF-based Investment Strategies

Quantitative strategies, Wall Street-caliber research, and insightful market analysis since 1998.


ETFOptimize | HOME
Close Window

Striking It Rich With Gold And Antimony: Nova Minerals CEO Talks To Benzinga About Getting Closer To Mining And Refining Key Minerals

By Meg Flippin Benzinga

Nova Minerals is a gold, antimony and critical minerals exploration and development company focused on advancing the Estelle Project, which comprises 514 km2 of Alaska mining claims. It contains multiple mining complexes across a 35 km long mineralized corridor of over 20 advanced gold and antimony prospects, including two already defined multi-million ounce resources and several drill-ready Antimony prospects. The company is working on a feasibility study and has defined almost 10 million ounces of gold. 

“Our objective is to get something out to market sometime next year on the gold side,” Gerteisen told Benzinga in the interview. In addition to the two gold projects, Gerteisen said there are twenty other prospects at the site that they are seeing gold, copper, silver and antimony in. That last one is a big opportunity for Nova Minerals, one that is seeing a lot of interest from the Department of Defense, said Gerteisen. 

Antimony is used in “cleantech, greentech, hightech” and munitions, and is not produced anywhere in the U.S., Gerteisen told Benzinga. As it stands, Russia and China are the only producers and have been shutting the U.S. out. That has heightened the Department of Defense’s interest in producing antimony on U.S. soil. “We’ve been a real first mover in bringing that production back to the U.S.,” said Gerteisen, noting the company is in the advanced stage of getting a non-dilutive grant from the Department of Defense to fast-track the production of antimony. 

Watch the full interview here: 
https://www.youtube.com/watch?v=EmeGVGPSJ_8&feature=youtu.be

Featured image from Shutterstock.

This post contains sponsored content. This content is for informational purposes only and is not intended to be investing advice.

This content was originally published on Benzinga. Read further disclosures here.

Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms Of Service.


 

IntelligentValue Home
Close Window

DISCLAIMER

All content herein is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy, nor should it be interpreted as a recommendation to buy, hold or sell (short or otherwise) any security.  All opinions, analyses, and information included herein are based on sources believed to be reliable, but no representation or warranty of any kind, expressed or implied, is made including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. We undertake no obligation to update such opinions, analysis or information. You should independently verify all information contained on this website. Some information is based on analysis of past performance or hypothetical performance results, which have inherent limitations. We make no representation that any particular equity or strategy will or is likely to achieve profits or losses similar to those shown. Shareholders, employees, writers, contractors, and affiliates associated with ETFOptimize.com may have ownership positions in the securities that are mentioned. If you are not sure if ETFs, algorithmic investing, or a particular investment is right for you, you are urged to consult with a Registered Investment Advisor (RIA). Neither this website nor anyone associated with producing its content are Registered Investment Advisors, and no attempt is made herein to substitute for personalized, professional investment advice. Neither ETFOptimize.com, Global Alpha Investments, Inc., nor its employees, service providers, associates, or affiliates are responsible for any investment losses you may incur as a result of using the information provided herein. Remember that past investment returns may not be indicative of future returns.

Copyright © 1998-2017 ETFOptimize.com, a publication of Optimized Investments, Inc. All rights reserved.