Nova Minerals to highlight Estelle Project advances at ThinkEquity Conference

Nova Minerals (NVA) will present its latest drill results and discuss the Company’s near term development options at The ThinkEquity Conference on October 30 at the Mandarin Oriental Hotel in New York. The ThinkEquity Conference gathers institutional investors, corporate clients and other industry professionals to highlight groundbreaking innovations and financial strategies. The Estelle Project spans 514 km2 of State of Alaska mining claims in Alaska’s Tintina Gold Belt, a region with a documented gold endowment of over 220 Moz, which contains some of the world’s largest gold mines and discoveries including, Barrick’s Donlin Creek Gold Project and Kinross Gold Corporation’s Fort Knox Gold Mine. Alaska was also a historical producer of the mineral antimony, which has been identified as being critical for the US’s economic and defense interests. The 85% owned project includes multiple mining complexes along a 35-km mineralized corridor, containing 20 advanced gold and antimony prospects. With thick ore zones from surface, defined by some of the best gold drill intercepts in the last 10 years globally, including RPM-005 with 132m @ 10.1 g/t Au, Nova has already defined two near surface multi-million-ounce gold resources, and several drill ready antimony prospects with massive outcropping stibnite vein systems observed at surface. Recently the Company commenced its Feasibility Study which is considering a strategy to achieve production as soon as possible with a scalable operation commencing with a lower capex, high margin mine, at the high-grade RPM deposit for potential near term cashflow to self-fund expansion plans for the larger project. In combination, an economic assessment outlining expansion plans into a much larger, longer life mining operation across the district, which is of interest to potential strategic large gold company partners, is also being conducted. Separately, with 99% of the world’s antimony production coming from just seven countries, including China who recently announced export restrictions on the critical mineral, and the United States having no domestic supply, Nova is also investigating the possibility to fast track its Stibium gold-antimony prospect with potential US Dept. of Defense support.