Nova Minerals Limited · ASX:NVA
Nova Minerals — Investor Presentation (October 2020)
23 slides from Nova Minerals's investor presentation, Oct 19, 2020
Slide 1: Estelle Gold District
ASX: NVA | OTCQB: NVAAF | FSE: QM3 www.novaminerals.com.au ESTELLE GOLD DISTRICT Estelle Gold District Alaska
Slide 2: Disclaimer and Forward Looking Statement
Disclaimer and Forward Looking Statement The information contained in this confidential document (“Presentation”) has been prepared by Nova Minerals Limited (the “Company”). It has not been fully verified and is subject to material updating, revision and further amendment. While the information contai
Slide 3: Gold Explorer & Developer
Gold Explorer & Developer ➢ 3.3Moz Au Resource1 within Korbel Main (Blocks A and B)-significant exploration upside remains ➢ Extensive mining history in the region significantly de-risks development pathway ➢ Low Strip Ratio & gently rolling terrain underpin highly favorable mining conditions Korbel M
Slide 4: Tintina Gold Province: Estelle Gold District
Tintina Gold Province: Estelle Gold District >200 Moz Au documented endowment Untold Moz Au placer production Intrusion Related Gold Systems (IRGS) elephant country Estelle Gold District Alaska 4
Slide 5: Estelle Gold District Location
Estelle Gold District Location LOCATION 185 km northwest of Anchorage 15 km - Whiskey Bravo Airstrip 15 km - proposed Donlin Pipeline ACCESS Aircraft: Anchorage to Whiskey Bravo Helicopter: Whiskey Bravo to Property Winter Road Access: Available Multi-Season Access Road: Nova Minerals and the Alaska
Slide 6: Estelle Gold District
Estelle Gold District TENURE - 346 State mining claims - 220 km2 OWNERSHIP - 85% INFRASTRUCTURE - Airstrip on site (>1km long) - Winter road system to site - Gas pipe/road in state plan GEOLOGY - Cretaceous intrusive phases - Meta-sediment country rocks - Fault/vein controls - Classic IRGS ore depos
Slide 7: Korbel Main - Area of Interest
Korbel Main -Area of Interest (ASX:19 February 2020) Korbel Main - Blocks A and B converge into one continuous zone of mineralization Desktop Analysis Significantly Increases the Korbel Prospect Potential within the Estelle Gold District (all with the Korbel prospect, 1 of 15 priority targeted prospe
Slide 8: Korbel Main - Resource Expansion Focus Area
Korbel Main - Resource Expansion Focus Area Korbel Main Interim 3.3Moz Resource 2020 Plan View South East Feeder System Estelle Gold District Alaska 8
Slide 9: Drilling Extends Mineralisation
Drilling Extends Mineralisation (ASX: 19 August 2020 & 16 October 2020) 303 @ 0.4g/t incl. 226m @ 0.5 Additional Significant new diamond drilling g/t, 52m @ 0.8 g/t, 27 @ 1.0g/t, 137m @ 0.6 g/t incl. 97m @ 0.7 gold intercepts at Korbel Main include: 15m @ 1.1g/t and 6 @ 2.1 g/t in g/t in KBDH-010 KDB
Slide 10: 2020 Drilling Extends Mineralisation
2020 Drilling Extends Mineralisation Korbel Main 3.3 Moz Gold Gold footprint with Korbel south east feeder system extends +1500m strike • Significant growth potential remains SOUTH EAST FEEDER • Many holes end in mineralisation or have further depth EXTENSION potential • New zones discovered, particu
Slide 11: Drilling Defining Footprint
Drilling Defining Footprint Drilling Defining Higher Grade Early Payback Zones Korbel Main PAD2 3.3 Moz Gold Estelle Gold District Alaska 11
Slide 12: Korbel Main: An IRGS Type Deposit
Korbel Main: An IRGS Type Deposit Estelle - Oxide Korbel Dublin Gulch Fort Knox • Late Cretaceous intrusive host/source rocks (Alaskite) • Mineralization style: Au-bearing sheeted quartz vein sets • Geochemical signature: Au-Bi-Te-As All The Right • Hydrothermal alteration: broad pervasive argillic
Slide 13: Gold Leach Recoveries Av. 76% at Korbel Main
Gold Leach Recoveries Av. 76% at Korbel Main (ASX: 30 December 2019) Recoveries Exceptional gold leach recoveries averaging 76% at the Korbel Deposit. All initial metallurgical test-work results are consistent with Nova’s expectation that supports a Table 1. Summary of Metallurgical Testwork Results
Slide 14: Cathedral Prospect
Cathedral Prospect (ASX: 03 December 2018 and 26 August 2020) Sampling of high grade reconnaissance rock chip define high priority target “The Cathedral” close to the Korbel deposit at the Cathedral target Rock chip samples returned high-grade gold results, including 6 samples greater than 10.0g/t an
Slide 15: RPM Prospect
RPM Prospect RPM Prospect Historical diamond drill hole SE12-008 From (m) To (m) Grade g/t Width (m) SE12-008 completed in 2012 was re-sampled by Nova as part Intersection 4.27 180.78 0.79 177.39 of the 2019 field program. In the includes 26.00 146.40 1.02 120.40 2020 field season an aggressive progra
Slide 16: Year Round Camp Facility
Year Round Camp Facility Man Camp and Logging Facility Established Estelle Gold District Alaska 16
Slide 17: Drill Program, Resource Growth & Development Pipeline
Drill Program, Resource Growth & Development Pipeline The Company’s ranked and prioritised systematic exploration strategy and activities at Estelle are guided by an exploration “Project Pipeline” process to maximise the probability of multiple major discoveries. Each Milestone is defined by a specifi
Slide 18: Future Strategy and Objectives
Future Strategy and Objectives • Up to 40,000m of diamond drilling in 2020 and up to 80,000m in 2021 to focus on expanding and increasing confidence in the resource at Korbel Main (Blocks A and B) and Blocks C and D, additional drill test Cathedral in the Korbel deposit area • Initial drill testing o
Slide 19: Korbel Main - Path to Production
Korbel Main - Path to Production 2021 2022/23 2023/24 2024 Completion Completion Commencement Commencement Preliminary Decision to Feasibility economic mine Construction Study and assessment Procure long to Production financing (PEA) lead items CONTINUE GOLD RESOURCE GROWTH Estelle Gold District Alas
Slide 20: NVA Elevated Resource Growth
NVA Elevated Resource Growth Reflective of the Korbel Main Prospect Only Million Ounces Resource Drilling Ongoing 3.3Moz >100,000m 2.5Moz Diamond and RC drilling remaining 2020/21 Years Estelle Gold District Alaska 20
Slide 21: NVA Peer Comparison
NVA Peer Comparison Enterprise Value per Attributable Mineral Resource Ounces Donlin Creek (Permitting) Eagle (In Production) Golden Summit (PEA 2016) Estelle (Interim Resource) Notes: •Tabulated Resource Estimates include Measured, Indicated and Inferred categories as an illustration of potential s
Slide 22: Corporate Overview
Corporate Overview Board of Directors Major Shareholders David Hersham Non-Executive Chairman Board and Management ~10.0% Christopher Gerteisen Executive Director & CEO JP Morgan Nominees 5.2% Top 5 shareholders 17.7% Louie Simens Executive Director Capital Structure Avi Geller Non–Executive Directo
Slide 23: More Info
MORE INFO: Email: info@novaminerals.com.au Website: www.novaminerals.com.au Estelle Gold District Alaska