Alaska's State Governor, Mike Dunleavy, and DOT&PF Commissioner, Ryan Anderson, visited Nova Minerals Limited's (ASX: NVA) Estelle Gold Project on August 3, 2023. This visit was part of a tour to assess the West Susitna Access Road (WSAR) project, a proposed 100-mile road corridor that aims to provide year-round access to the Estelle project site. The WSAR will link Estelle with existing state infrastructure and skilled workforce, fostering economic growth.
DOT&PF announced plans to include the initial 15 miles of the WSAR in the '2024-2027 Statewide Transportation Improvement Program,' with construction funding allocated for 2025, subject to permitting. Furthermore, the Alaska Industrial Development and Export Authority (AIDEA) plans to extend the WSAR to facilitate industrial access to exploration and development projects in the West Susitna Mining District. The Matanuska-Susitna Borough Assembly has also approved converting rail embankments into a paved road to link WSAR with Port Mackenzie's port facilities. Nova Minerals anticipates working with stakeholders to advance the Estelle gold project.
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Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.