Nova Minerals Limited · ASX:NVA
Nova Minerals — Investor Presentation (April 2026)
37 slides from Nova Minerals's investor presentation, Apr 1, 2026
Slide 1: Developing a tier one gold asset and securing U.S. domestic antimony supply
APRIL 2026 For personal use only Developing a tier one gold asset and securing U.S. domestic antimony supply Investor Presentation NASDAQ: NVA | ASX: NVA ASX: NVA | NASDAQ: NVA www.novaminerals.com.au novaminerals.com.au
Slide 2: Disclaimer
Disclaimer General This presentation has been prepared by Nova Minerals Ltd (ACN 006 690 348) (Company) based on information from its own- and third-party Forward-looking information involves known and unknown risks, uncertainties, and other factors which may cause the actual results, performance so
Slide 3: Disclaimer: Forward Looking Statements
Disclaimer Forward Looking Statements All statements in this presentation, other than those relating to historical facts, are “forward-looking statements.” These forward-looking statements may include, but are not limited to, statements For personal use only relating to our objectives, plans, and st
Slide 4: Overview of Nova Minerals
Overview of Nova Minerals Rapidly advancing world class U.S. gold and antimony assets towards production Antimony Gold For personal use only Fully-funded to establish a United One of the world’s largest States (“U.S.”) domestic antimony undeveloped gold deposits in a supply chain by late 2026/2027 t
Slide 5: Corporate Overview & Activities
Corporate Overview & Activities As of 27 March 2026, in USD unless noted For personal use only Capital Structure Redomicile to the U.S. • Redomicile to U.S. following loss of FPI status due to majority U.S. ownership Shares on Issue1 456,154,252 • Improves compliance, reduces regulatory overlap, and
Slide 6: Located in Mining-Friendly Alaska
Located in Mining-Friendly Alaska All on state lands with streamlined permitting For personal use only Regulatory advantage – 514km2 of State of Alaska claims Alaska No federal or native title claims on tenements Fairbanks Tintina Gold Province >220Moz Au Alaska has a long history of mining with a s
Slide 7: District-Scale, Long Life Gold and Antimony Project
District-Scale, Long Life Gold and Antimony Project 514km2 with gold and antimony assets within the one U.S. project Antimony-Gold prospect For personal use only Priority Antimony-Gold area Gold prospect Priority Gold area Stibium Korbel RPM 35km long mineralised trend Styx APRIL 2026 7
Slide 8: Estelle Project
For personal use only Estelle Project NASDAQ: NVA | ASX: NVA 08
Slide 9: Estelle's Antimony Assets
Estelle’s Antimony Assets Fully-funded to establish a U.S. domestic antimony supply chain by late 2026/2027 For personal use only Key Highlights 7 Antimony-gold prospects Up to 60.5% Sb Surface outcropping, with 20+ samples > 20% Sb US$43.4M 1 of 2 projects in the U.S. with DoW funding Phase 1 Core
Slide 10: Key Antimony Prospects
Key Antimony Prospects High-grade antimony and gold For personal use only Styx Stibium High-grade antimony and gold with High-grade antimony and gold with 5 samples > 1 g/t Au up to 9.8 g/t Au 16 samples > 5 g/t Au up to 141 g/t Au 9 samples > 1% Sb up to 54.1% Sb 12 samples > 30% Sb up to 60.5% Sb
Slide 11: Refinery Land Secured
Refinery Land Secured Sole emerging fully integrated antimony producer with land secured in an industrial zone For personal use only 42.81 acres secured for downstream refinery with land permitted for a commercial operation High-grade antimony of a U.S. Critical and gold with Minerals 5 samples > 1P
Slide 12: High Level Conceptual Antimony Flowsheet
High Level Conceptual Antimony Flowsheet Process flowsheet developed for high recovery, high purity antimony For personal use only 7 Antimony-gold prospects Up to 60.5% Sb Surface outcropping, with 20+ samples > 20% Sb US$43.4M 1 of 2 projects in the US with DoW funding 2026/27 Target production Pha
Slide 13: Winter Freight Operations
Winter Freight Operations Mining and processing equipment delivered to site for near-term antimony production Scan the QR code to watch a video of the snow road in operation For personal use only • Winter road ice bridges developed, capable of supporting freight loads exceeding 100,000lb (45,000kg).
Slide 14: Antimony Project Phase Key Milestones
Antimony Project Phase 1 Key Milestones US$43.4M is one of the largest recent U.S. government awards to secure domestic critical minerals supply For personal use only Primary focus to produce military-spec antimony On Track 7Completed Conceptual plant design and flowsheet Antimony-gold prospects Est
Slide 15: Antimony Project Phase Scale Up
Antimony Project Phase 2 Scale Up Proposed fully secured and integrated U.S. domestic antimony supply chain based in Alaska Estelle Project Feedstock from For personal use only Feedstock from Out of state historical existing mines feedstock reclamations Concentrator for West Susitna Access Refinery
Slide 16: Estelle's Gold Assets
Estelle’s Gold Assets One of the world’s largest undeveloped gold deposits in a tier-1 jurisdiction For personal use only Key Highlights 4 Large gold deposits 9.9Moz JORC1 Resource 5.2Moz S-K13001 Pit constrained resource 20+ Core Differentiators Prospects Thick high-grade drill results from surface
Slide 17: Estelle Gold Staged Development Options
Estelle Gold Staged Development Options 1. RPM starter mine with regional expansion – High-grade resource starter pit For personal use only Train Regional Targets Geological indications show all 3 areas are potentially genetically linked RPM South RPM RPM Valley North ` RPM Starter Mine RPM Starter
Slide 18: RPM
RPM High-grade core with mineralization extending from surface and remains open RPMRC-24017 29m @ 7.1 g/t Au For personal use only From surface Incl: RPM-057 211m @ 3.2 g/t Au RPM South 22m @ 9.4 g/t Au From 3m Incl: 115 holes, ~27,000m drilled to date – 3m @ 32.2 g/t Au 120m @ 5.0 g/t Au 2m @ 52.7
Slide 19: RPM Regional Upside
RPM Regional Upside Glacial debris lobe averaging 1.1 g/t Au over 1.7km in till samples For personal use only APRIL 2026 19
Slide 20: Estelle Gold Assets Staged Development Options
Estelle Gold Assets Staged Development Options 2. Expanded project – Korbel + RPM + Regional - Scalable with decades of potential pipeline For personal use only Stoney Regional Targets Korbel Main and Cathedral 550m apart with the potential to be genetically linked Potential Gold Processing Plant Ex
Slide 21: Korbel
Korbel Bulk tonnage gold with low strip amenable to large scale selective mining 228 holes, ~70,000m drilled to date. For personal use only Awaiting assays from 14 shallow holes from 2025 drilling KBDH-072 308m @ 0.7 g/t Au from surface Incl: 113m @ 1.0 g/t Au Low strip ratio 0.76:1 49m @ 1.5 g/t Au
Slide 22: Estelle Regional Expansion Potential
Estelle Regional Expansion Potential > 20 Prospects To Date < 5% of the 514km2 property has been explored For personal use only Nova’s Low- 35km long mineralized intrusive corridor Cost Pathfinder Approach to Gold, and highly elevated concentrations of Silver, Copper, Antimony and Other Korbel Explo
Slide 23: Proven and Robust Gold Flowsheet
Proven and Robust Gold Flowsheet Simple metallurgy for easy gold liberation - a big cost differentiator; further improvements are being tested For personal use only 7 Antimony-gold prospects Up to 60.5% Sb Surface outcropping, with 20+ samples > 20% Sb US$43.4M 1 of 2 projects in the US with DoW fun
Slide 24: Conceptual Timeline to Gold Production
Conceptual Timeline to Gold Production Significant value upside as the project continues to de-risk For personal use only 2026 2027 2028 Gold, antimony, and critical minerals resource drilling and upgrading Ongoing systematic exploration across the Estelle Gold and Critical Minerals district Scoping
Slide 25: Leading North American Gold and Antimony Developer
Leading North American Gold and Antimony Developer For personal use only Corporate Gold Antinomy Strong dual Building a world-class First mover toward commodity gold project in a fully integrated U.S. exposure tier-one jurisdiction antimony production Large-scale, long-life Favourable jurisdiction S
Slide 26: Thank You
For personal use only Thank You Nova Minerals Limited Main Operations Office Whiskey Bravo Airstrip Suite 5 T +61 3 9537 1238 Matanuska-Susitna Borough, 242 Hawthorn Road E info@novaminerals.com.au Alaska, USA Caulfield W www.novaminerals.com.au 1150 S Colony Way Suite 3-440, Palmer, Victoria 3161 A
Slide 27: Appendix A: Antimony Overview
For personal use only Appendix A: Antimony Overview NASDAQ: NVA | ASX: NVA
Slide 28: Antimony macros
Antimony macros Estelle’s antimony will help address specific vulnerabilities in the U.S. supply chain For personal use only The Estelle project represents the first fully domestic Factor Current Status Projected Impact of Estelle antimony supply chain in decades, reducing U.S. vulnerability to supp
Slide 29: Antimony Uses (USGS)
Antimony Uses (USGS) The most important critical mineral you have never heard of For personal use only Key Properties 16% Chemicals 12% Paints, plastics, Ceramic & Glass Heat and flame resistance adhesives, mixed with alloys Smart phone screens, camera lenses, binoculars, Anti-corrosion energy effic
Slide 30: Appendix B: Corporate Overview
For personal use only Appendix B: Corporate Overview NASDAQ: NVA | ASX: NVA
Slide 31: Estelle Infrastructure Solutions
Estelle Infrastructure Solutions Located on State of Alaska public lands close to Anchorage For personal use only Anchor Willow Port age Location Access Anchorage Airstrip Mackenzie International Airport → State of Alaska public lands, 150km northwest of → Short flight from Anchorage or Anchorage Wi
Slide 32: Experienced Leadership Team in Place to Deliver Estelle into Production
Experienced Leadership Team in Place to Deliver Estelle into Production For personal use only Experienced management who have collectively Richard Beazley Christopher Gerteisen Craig Bentley Non-Executive Chairman Executive Director & CEO Director Finance & Compliance personally invested over US$5M
Slide 33: Technical Team
Technical Team Industry-leading team of over 50 consultants powering Estelle’s path to production For personal use only Hans Hoffman General Manager Mine Engineering Environmental & Permitting Professional Geologist with 20 years experience Roughstock Mining are mine engineering specialists Jade Nor
Slide 34: Technical Team
Technical Team Industry-leading team of over 50 consultants powering Estelle’s path to production For personal use only Metallurgy Processing Environmental Studies Environmental Studies METS Engineering has over 30 years of experience Restoration Science & Engineering, LLC is an ABR, Inc. is an ecol
Slide 35: Creating Long-Term Value for All Stakeholders
Creating Long-Term Value for All Stakeholders Established a Social Licence To Operate For personal use only Hire and Buy Alaskan Health and Safety We strive to offer support through prioritising Nova is committed to adopting and adhering to Committed to local employment and local procurement with ou
Slide 36: Appendix C: Mineral Resource Estimate
For personal use only Appendix C: Mineral Resource Estimate NASDAQ: NVA | ASX: NVA
Slide 37: Mineral Resource Estimate
Mineral Resource Estimate JORC Compliant Global MRE (April 2023) Deposit Cutoff Measured Indicated Inferred Total For personal use only Tonnes Grade Moz Tonnes Grade Moz Tonnes Grade Moz Tonnes Grade Moz Mt g/t Au Au Mt g/t Au Au Mt g/t Au Au Mt g/t Au Au RPM North 0.20 1 4.1 0.18 3 1.5 0.16 26 0.6