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Nova Minerals to Highlight Estelle Project Advancements at 2024 ThinkEquity Conference

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Nova Minerals (NASDAQ: NVA) will present at The ThinkEquity Conference on October 30, 2024, highlighting advancements in its Estelle Project in Alaska. The project, spanning 514 km2 in the Tintina Gold Belt, contains two near-surface multi-million-ounce gold resources and several drill-ready antimony prospects. Nova has commenced a Feasibility Study considering a scalable operation starting with the high-grade RPM deposit for potential near-term cashflow.

The company is also investigating fast-tracking its Stibium gold-antimony prospect, potentially with US Department of Defense support, given recent export restrictions on antimony from China. With an experienced Alaska-based CEO, clear permitting pathway, and strong exploration potential, Nova Minerals presents an attractive asset for investors in the gold and critical minerals sectors.

Nova Minerals (NASDAQ: NVA) presenterà alla ThinkEquity Conference il 30 ottobre 2024, evidenziando i progressi nel suo Estelle Project in Alaska. Il progetto, che si estende per 514 km2 nella Tintina Gold Belt, contiene due risorse d'oro multi-milionarie quasi in superficie e diversi potenziali giacimenti di antimonio pronti per le perforazioni. Nova ha avviato uno Studio di Fattibilità per considerare un'operazione scalabile che parta dal deposito di alta qualità RPM per potenziali flussi di cassa a breve termine.

La società sta anche esaminando la possibilità di accelerare il suo progetto di oro-antimonio Stibium, potenzialmente con il supporto del Dipartimento della Difesa degli Stati Uniti, date le recenti restrizioni all'esportazione di antimonio dalla Cina. Con un CEO esperto basato in Alaska, un chiaro percorso di autorizzazione e un forte potenziale di esplorazione, Nova Minerals rappresenta un asset attraente per gli investitori nei settori dell'oro e dei minerali critici.

Nova Minerals (NASDAQ: NVA) presentará en la ThinkEquity Conference el 30 de octubre de 2024, destacando los avances en su Estelle Project en Alaska. El proyecto abarca 514 km2 en el Tintina Gold Belt, y contiene dos recursos de oro de varios millones de onzas casi en la superficie y varias perspectivas de antimonio listas para perforación. Nova ha comenzado un Estudio de Viabilidad considerando una operación escalable que comience con el depósito de alta ley RPM para un posible flujo de efectivo a corto plazo.

La compañía también está investigando la posibilidad de acelerar su perspectiva de oro-antimonio Stibium, potencialmente con el apoyo del Departamento de Defensa de EE. UU., dada las recientes restricciones a la exportación de antimonio desde China. Con un CEO experimentado basado en Alaska, una clara ruta de permisos y un fuerte potencial de exploración, Nova Minerals presenta un activo atractivo para los inversores en los sectores de oro y minerales críticos.

노바 미네랄스 (NASDAQ: NVA)는 2024년 10월 30일에 열리는 ThinkEquity 컨퍼런스에서 에스텔 프로젝트의 진전을 강조하며 발표할 예정입니다. 이 프로젝트는 틴티나 골드 벨트 내 514 km2에 걸쳐 있으며, 두 개의 천연 다수 백만 온스 금 자원과 여러 개의 드릴 준비가 된 안티모니 예상지를 포함하고 있습니다. 노바는 최근 고품질 RPM 광산을 시작으로 가능한 단기 현금 흐름을 위한 타당성 조사에 착수했습니다.

회사는 또한 최근 중국의 안티모니 수출 제한을 고려하여 미 국방부 지원을 통해 스티비움 금-안티모니 예상지를 신속하게 개발할 가능성을 조사하고 있습니다. 알래스카에 기반을 둔 경험 많은 CEO와 명확한 허가 경로, 강력한 탐사 잠재력을 갖춘 노바 미네랄스는 금 및 중요 광물 분야의 투자자들에게 매력적인 자산을 제공합니다.

Nova Minerals (NASDAQ: NVA) présentera à la ThinkEquity Conference le 30 octobre 2024, mettant en avant les progrès de son Estelle Project en Alaska. Le projet, s'étendant sur 514 km2 dans la Tintina Gold Belt, contient deux ressources d'or multi-millions d'onces presque en surface et plusieurs perspectives d'antimoine prêtes à être forage. Nova a lancé une étude de faisabilité pour envisager une opération évolutive en commençant par le dépôt à haute teneur RPM pour un flux de trésorerie à court terme potentiel.

La société envisage également d'accélérer son projet de stibium en or-antimoine, potentiellement avec le soutien du Département de la Défense des États-Unis, compte tenu des récentes restrictions à l'exportation d'antimoine depuis la Chine. Avec un PDG expérimenté basé en Alaska, un cheminement d'autorisation clair et un fort potentiel d'exploration, Nova Minerals représente un actif attrayant pour les investisseurs dans les secteurs de l'or et des minéraux critiques.

Nova Minerals (NASDAQ: NVA) wird am 30. Oktober 2024 auf der ThinkEquity-Konferenz präsentieren und dabei Fortschritte in seinem Estelle-Projekt in Alaska hervorheben. Das Projekt erstreckt sich über 514 km2 im Tintina Gold Belt und enthält zwei oberflächennahe Goldressourcen mit mehreren Millionen Unzen sowie mehrere bohrbereite Antimon-Vorkommen. Nova hat eine Machbarkeitsstudie begonnen, die den Beginn eines skalierbaren Betriebs mit dem hochgradigen RPM-Vorkommen zur potenziellen kurzfristigen Liquiditätsgenerierung in Betracht zieht.

Das Unternehmen untersucht auch die Möglichkeit, seine Stibium-Gold-Antimon-Perspektive schnell voranzutreiben, möglicherweise mit Unterstützung des US-Verteidigungsministeriums, angesichts der jüngsten Exportbeschränkungen für Antimon aus China. Mit einem erfahrenen CEO in Alaska, einem klaren Genehmigungsprozess und starkem Erkundungspotenzial stellt Nova Minerals eine attraktive Anlage für Investoren in den Bereichen Gold und kritische Mineralien dar.

Positive
  • Estelle Project contains two near-surface multi-million-ounce gold resources
  • Feasibility Study commenced for potential near-term cashflow from high-grade RPM deposit
  • Potential to fast-track Stibium gold-antimony prospect with possible US DoD support
  • Strong exploration potential for decades of mine life
  • Gold and antimony prices currently at all-time highs
Negative
  • None.

Management to Present at 8.30-9.00 AM on Wednesday, October 30, 2024, in South Salon I

Estelle Project Positioned as a World-Class Gold and Antimony Asset with Multi-Million Ounce Resources

ANCHORAGE, Alaska, Oct. 21, 2024 (GLOBE NEWSWIRE) -- Nova Minerals Limited (“Nova” or the “Company”) (NASDAQ: NVA) (ASX: NVA) (FRA: QM3), a gold, antimony and critical minerals exploration and development company focused on advancing the Estelle Project in Alaska, 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 (DoD) support.

With an Alaska-based, hands-on CEO with 30 years mining experience taking projects through to production and expansion, a clear pathway to permitting, strong exploration potential for decades of mine life, and a Feasibility Study under way, which is expected to deliver strong economic results with both gold and antimony prices currently at all-time highs, Nova Minerals offers a highly attractive, underappreciated asset for investors looking for growth in the gold and critical minerals sectors.

Christopher Gerteisen, Nova Minerals Chief Executive Officer, will be presenting at 8.30-9.00 AM ET on October 30. Members of the Nova Minerals management will also be holding one-on-one investor meetings throughout the day. Interested investors can register to attend and schedule one-on-one meetings here.

Hosted by ThinkEquity, a boutique investment bank with a decade-long history of facilitating over $50 billion in public and private capital raises, mergers and acquisitions, and restructurings, the annual conference is known for its influence in the investment space. Attendees can look forward to hearing from a wide range of companies in high-growth sectors, participating in in-depth discussions, and scheduling personalized meetings that foster valuable connections.

About ThinkEquity
ThinkEquity is a boutique investment bank founded by professionals who have collaborated for over a decade, collectively financing over $50 billion in public and private capital raises, restructurings, and mergers and acquisitions. Past ThinkEquity conferences have featured over 70 company presentations, 700+ attendees, and 500+ one-on-one meetings, providing a valuable platform for companies and investors to connect. To register to attend The ThinkEquity Conference, please follow this link.

About Nova Minerals Limited
Nova Minerals Limited is a gold, antimony and critical minerals exploration and development company focused on advancing the Estelle Project, comprised of 514 km2of State of Alaska mining claims, which contains multiple mining complexes across a 35 km long mineralized corridor of over 20 advanced gold and antimony prospects, including two already defined multimillion-ounce resources, and several drill-ready antimony prospects with massive outcropping stibnite vein systems observed at surface. The 85%-owned project is located 150 km northwest of Anchorage, Alaska, in the prolific Tintina Gold Belt, a province which hosts a >220 million-ounce documented gold endowment and 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. The belt also hosts significant antimony deposits and was a historical North American antimony producer.

Further discussion and analysis of the Estelle Project is available through the interactive Vrify 3D animations, presentations and videos, all available on www.novaminerals.com.au

Forward Looking Statements
This press release contains “forward-looking statements” that are subject to substantial risks and uncertainties. All statements, other than statements of historical fact, contained in this press release are forward-looking statements. Forward-looking statements contained in this press release may be identified by the use of words such as “anticipate,” “believe,” “contemplate,” “could,” “estimate,” “expect,” “intend,” “seek,” “may,” “might,” “plan,” “potential,” “predict,” “project,” “target,” “aim,” “should,” "will” “would,” or the negative of these words or other similar expressions, although not all forward-looking statements contain these words. Forward-looking statements are based on Nova Minerals Limited’s current expectations and are subject to inherent uncertainties, risks and assumptions that are difficult to predict. Further, certain forward-looking statements are based on assumptions as to future events that may not prove to be accurate. These and other risks and uncertainties are described more fully in the section titled “Risk Factors” in the final prospectus related to the public offering filed with the Securities and Exchange Commission. Forward-looking statements contained in this announcement are made as of this date, and Nova Minerals Limited undertakes no duty to update such information except as required under applicable law.

For Additional Information Please Contact
Craig Bentley
Director of Finance & Compliance & Investor Relations
E: craig@novaminerals.com.au
M: +61 414 714 196


FAQ

When and where will Nova Minerals (NVA) present at the 2024 ThinkEquity Conference?

Nova Minerals (NVA) will present at the 2024 ThinkEquity Conference on October 30, 2024, from 8:30-9:00 AM ET at the Mandarin Oriental Hotel in New York.

What are the key features of Nova Minerals' (NVA) Estelle Project in Alaska?

The Estelle Project spans 514 km2 in Alaska's Tintina Gold Belt, contains two near-surface multi-million-ounce gold resources, and several drill-ready antimony prospects along a 35-km mineralized corridor.

What is Nova Minerals' (NVA) strategy for the Estelle Project as outlined in their Feasibility Study?

Nova Minerals' (NVA) Feasibility Study is considering a scalable operation starting 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.

Why is Nova Minerals (NVA) investigating fast-tracking its Stibium gold-antimony prospect?

Nova Minerals (NVA) is investigating fast-tracking its Stibium gold-antimony prospect due to recent export restrictions on antimony from China and the lack of domestic supply in the United States, potentially with US Department of Defense support.

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