High Grade Thick Intercepts At Estelle Gold-Antimony Project

ANCHORAGE, AK - Nova Minerals Limited reported high-grade thick intercepts from another seven holes of the 21 hole reverse circulation (RC) drilling program conducted in the RPM starter pit area in 2024, within its over 500km2 flagship Estelle Gold Project, located in the Tintina Gold Belt in Alaska. The shallow drilling program was focused on near surface mineralization <50m in depth in support of the RPM starter mine Feasibility Study (FS) currently underway.

Results from shallow infill drilling continues to hit the target area extending the current high-grade core zone at RPM to surface with significant broad intercepts grading > 5 g/t Au. High-grade gold intersections targeting near surface mineralization above the current high-grade Measured and Indicated core continue at RPM North with all holes ending in mineralization.

CEO, Christopher Gerteisen, said, “We continue to hit broad intercepts of high-grade mineralization which bodes well for the upcoming resource update and PFS which will be focused on RPM as a scale-able low capex/high margin project with future expansion plans into the larger project achieved through cashflow.

More 2024 drill results are pending and once all received we will begin work on the resource update. We look forward to updating all stakeholders on these fronts as we continue to progress on our path towards production and early cashflow at RPM within the greater Estelle gold and critical minerals district.”