Nova Minerals Limited · ASX:NVA
Nova Minerals — Investor Presentation (April 2022)
41 slides from Nova Minerals's investor presentation, Apr 12, 2022
Slide 1: Estelle Gold Trend April 2022 Market Update
12 April 2022 Estelle Gold Trend April 2022 Market Update ASX: NVA | OTCQB: NVAAF | FSE: QM3 novaminerals.com.au
Slide 2: Disclaimer
Disclaimer The information contained in this confidential document (“Presentation”) has been prepared by subjective judgement, analysis and assumptions and each recipient should satisfy itself in relation to Nova Minerals Limited (the “Company”). It has not been fully verified and is subject to mate
Slide 3: Developing North America's next major gold trend
Korbel Developing North 3.0 Moz Au Indicated 5.1 Moz Au Inferred America’s next major gold trend Located in Alaska’s prolific Tintina Gold Belt, the company’s flagship Estelle Project is a 35km long novaminerals.com.au corridor of 21 identified gold prospects, including 2 substantial deposits RPM 1.
Slide 4: Estelle – The Carlin of the North
Estelle – The Carlin of the North A Tale of Two Gold Trends Gold Strike Mooja Korbel Deposit Betze Post Leeville 3.0Moz Au Indicated 5.1 Moz Au Inferred Carlin The Carlin Trend, in Nevada USA, With 21 prospects, including 2 is one of the richest gold mining already defined large deposits, districts
Slide 5: Why Invest in Nova Minerals
Why Invest in Nova Minerals Huge resource – 9.6 Moz and growing fast! Multiple deposits over a new gold trend comparable to the legendary Carlin Trend in Nevada Passion, drive and energy – The Nova team work 24/7/365 with one goal in mind – To get Estelle into production as fast as possible to becom
Slide 6: Board
Board Christopher Gerteisen Louie Simens Craig Bentley Avi Geller Executive Director / CEO Executive Director Non- Executive Director Non-Executive Director Mr. Christopher Gerteisen as General Louie Simens has been an Executive Craig Bentley is responsible for Avi Geller has extensive investment Ma
Slide 7: Corporate Snapshot
Corporate Snapshot Share price Market capitalisation Share distribution $0.95 $171.2m 8 April 2022 52 week high $2.00, low $0.53 0.6% 8 April 2022 8 April 2022 12.0% Shares on issue Current value of Snow Lake Lithium investment 1 180.2m 8 April 2022 $59.8m 8 April 2022 56.8% 30.6% Cash Market value
Slide 8: Estelle Flagship Project
Estelle Flagship FORT KNOX Project 11.0 Moz @ 0.3g/t GOLDEN SUMMIT LIVENGOOD 3.0 Moz @ 0.69g/t CANADA 13.8 Moz @ 0.6g/t (85% Owned) POGO 6.9 Moz @ 9.4g/t ALASKA YUKON DUBLIN GULCH/EAGLE 4.7 Moz @ 0.63g/t NORTHWEST TINTINA GOLD PROVINCE TERRITORIES >220Moz Au documented endowment novaminerals.com.au
Slide 9: Estelle Talkeetna
Estelle Talkeetna 150km northwest of Anchorage, Puntilla Alaska’s Skwentna major city Whiskey Bravo Winter Road Willow Wasilla Proposed gas line novaminerals.com.au (Donlin Gold) Port Mackenzie Beluga Anchorage 9
Slide 10: Estelle Mt Estelle Batholith JORC Resource
Estelle Mt Estelle Batholith JORC Resource Estelle Mining Lease Mineral Prospects A prospective 5km major gold trend Korbel Shoeshine Korbel Main 3.0 Moz Au Indicated 5.1 Moz Au Inferred You Beauty Stoney Trundle RPM North RPM South N 1.5 Moz Au Inferred Blocks C&D Isabella Discovery Train novaminer
Slide 11: Korbel Main Deposit
Korbel Main Deposit 8.1 Moz Total Resource 3.0 Moz Indicated | 5.1 Moz Inferred Intrusion Related Gold System (IRGS) 3km of strike length remains wide open with huge upside 2022 drill programs focused on increasing novaminerals.com.au and proving up the resource Proposed Korbel Numerous additional t
Slide 12: Korbel Valley
Korbel Valley N (Untapped area of interest outside of Korbel Main within the same valley) Isabella Block C Korbel Main 8.1 Moz and only scratched the surface! novaminerals.com.au Sweet Jenny Block D You Beauty Cathedral 12
Slide 13: Understanding the Scale of Korbel Main Alone
Understanding the Scale of Korbel Main Alone (A small part of the wider Korbel Valley area of interest) novaminerals.com.au 13
Slide 14: High Grade Feeder Zone Within Korbel Main Outlined
High Grade Feeder Zone Within Korbel Main Outlined (A small part of the wider Korbel Valley area of interest) Cathedral novaminerals.com.au Korbel Main 14
Slide 15: RPM North Deposit
RPM North Deposit 1.5 Moz Au Inferred Resource 132m @ 10.1g/t Broad zone of high-grade gold intersected in drilling at RPM of 400m @ 3.5g/t Au from surface Within this intersection were numerous higher-grade intervals including 287m at novaminerals.com.au 4.8g/t gold, 132m at 10.1g/t gold, 86m at 14
Slide 16: RPM Upside
RPM Upside Extensive Drill Program 5,000m infill drilling to prove up the 1.5 Moz resource to Indicated for inclusion in the Phase 2 Scoping Study to be delivered later this year Over 15,000m of step-out drilling to extend the strike by up to 1km to the west of the high-grade hole RPM-005 and substa
Slide 17: Growing Gold Resource
Growing Gold Resource Well on the way to becoming a world-class, tier-one, global gold producer 2022 We are only getting started! 2021 9.6 Moz Estimated JORC 2021 6.2 Moz total gold resource Resource from 2 of 2021 4.7 Moz 21 prospects Drilling ongoing at 2020 3.3 Moz Korbel and RPM novaminerals.com
Slide 18: Korbel Main Phase 1 Scoping Study Summary
Korbel Main Phase 1 Scoping Study Summary ASX Announcements 28 February & 3 March 2022 and Appendix 4 Simple open pit truck and shovel Total gold produced 1,956,000 oz with 6 Mt pa central processing facility and operation = Low-Cost USD$879/oz 88% gold recovery infrastructure. Flotation, leach, ore
Slide 19: Significant Potential Upside
Estelle Gold Trend Significant Potential Upside Scoping study showed the project’s overall economics is very sensitive to grade and the gold price Sensitivity to Gold Prices Sensitivity to Mine Grade NPV5% NPV5% Gold Price (USD/oz) Mine Grade (g/t) ($ USD Million) ($ USD Million) $1,650 $250M 0.40 $
Slide 20: Ore Sorting
Ore Sorting Discrete Korbel Main Veins Ore sorting test work on drill core demonstrates great potential for less processing and increased mine production at Korbel Main Ore sorting results show up to 10x uplift from 588kg sample Ore sorting test work programmes conducted by TOMRA in Sydney demonstra
Slide 21: Scoping Study Simplified Flow Sheet
Scoping Study Simplified Flow Sheet novaminerals.com.au 21 ASX Announcements 28 February 2022
Slide 22: Korbel Central Processing Facility
Korbel Central Processing Facility (KCPF) The Scoping Study provided a CAPEX figure for a Korbel Central Processing Facility which provides exceptional flexibility to schedule feed from numerous ore sources that will ultimately come online as we continue to develop the Estelle Gold Trend Inclusion o
Slide 23: Estelle Gold Trend - Unlocked
Estelle Gold Trend - Unlocked To be included in Phase 2 Scoping Study. Watch this space! novaminerals.com.au 23
Slide 24: Estelle Gold Trend - Unlocked: Haul Studies
Estelle Gold Trend – Unlocked Haul Studies Ongoing – 4 Options being Investigated Dump Trucks Dual Powered Road Trains Slurry Pipeline 1. Winterized Pipe (Heat novaminerals.com.au Nova commissioned ABH Engineering Inc to prepare a preliminary trade-off analysis for the Traced) implementation of the
Slide 25: Estelle's Path to Production
Estelle’s Path to Production novaminerals.com.au 25
Slide 26: Our Strategy
Our Strategy Nova is accelerating its activity across the Estelle Gold Trend towards production with a Central Processing Facility at Korbel, anticipating mine construction circa 2025 and the first gold pour in 2026 Phase 1 Scoping Study - Completed (Study shows that Korbel Main is an economically v
Slide 27: Prospect Pipeline Train and Shoeshine
Prospect Pipeline Train and Shoeshine High grade reconnaissance rock samples include: 30.4g/t, 24.5g/t, 21.6g/t, 7.5g/t, 5.7g/t, 5.4g/t Korbel (Isabella, Sweet Jenny, Cathedral, Portage, NK, You Exploration mapping and sampling campaign Beauty, Blocks C&D) confirms another large IRGS exposed at surf
Slide 28: Estelle – The Carlin of the North
Estelle – The Carlin of the North A Tale of Two Gold Trends with Central Processing Facilities Gold Strike Mooja Korbel Deposit Betze Post Leeville 3.0Moz Au Indicated 5.1 Moz Au Inferred Carlin The company making Carlin Trend is mined by a JV comprising of Barrick 35 km Nova is unlocking the wider
Slide 29: Year Round Operation
Year Round Operation Airstrip, Winterised man camp and sample processing facility established 4,000 foot airstrip compliant for DC3 aircraft, with plans to expand to allow for larger capacity aircraft 80 man fully winterised camp novaminerals.com.au On-site sample crushing and splitting preparation
Slide 30: Winter Road Operations
Winter Road Operations 3 - 4 month season, weather dependant. Route well established from Willow to the Estelle site View the Nova Winter Road Convoy video on our YouTube Channel Up to 30,000 lb payload on each load Over 1 million lb’s of supplies and equipment brought in to the project this year Th
Slide 31: 2022 Activities
2022 Activities RPM Phase 1 – Two rigs drilling 5,000m at the RPM North Improve site access including the “Korbel Highway” and Deposit to prove up the resource to the Indicated status expanding the airstrip RPM Phase 2 – Three rigs drilling 15,000m at the RPM Phase 2 Scoping Study which will include
Slide 32: Valuation Relative to Peer Group
Valuation Relative to Peer Group 1 1 novaminerals.com.au 32 1 Source: Appendix 3. Nova Minerals data excludes Snow Lake Resources current valuation
Slide 33: Valuation Relative to Peer Group
Valuation Relative to Peer Group 1 1 novaminerals.com.au 33 1 Source: Appendix 3. Nova Minerals data excludes Snow Lake Resources current valuation
Slide 34: Valuation Relative to Peer Group
Valuation Relative to Peer Group 1 1 novaminerals.com.au 34 1 Source: Appendix 3. Nova Minerals data excludes Snow Lake Resources current valuation
Slide 35: Consultants and Service Providers
Consultants and Service Providers novaminerals.com.au 35
Slide 36: Appendix 1: Investments
Appendix 1: Investments Snow Lake Resources Ltd, is engaged in lithium exploration at the Thompson Brothers Lithium Project, located in Manitoba, Canada, which comprises of a dominant 56 km2 position located on 6.6 million shares Crown land and encompasses two lithium rich spodumene clusters known a
Slide 37: Appendix 1A: Investment
Appendix 1A: Investment Snow Lake Lithium is committed to creating and operating a fully renewable and sustainable lithium mine that can deliver a completely traceable, carbon neutral and zero harm product to the electric vehicle and battery markets. Snow Lake intends to be the first lithium produce
Slide 38: Appendix 2: Estelle Resource Table
Appendix 2: Estelle Resource Table novaminerals.com.au 38 ASX Announcement 23 December 2021
Slide 39: Appendix 3: Comparable Peers Source
Appendix 3: Comparable Peers Source novaminerals.com.au 1 5 2 3 3 4 3 4 All data from publicly available information on the respective company websites 1 Market Caps calculated as SOI x SP as at 8 April 2022. Canadian market caps converted using CAD$0.94 and US market caps converted using USD$0.75,
Slide 40: Appendix 4: Cautionary Statements
Appendix 4: Cautionary Statements novaminerals.com.au 40
Slide 41: Thank You
Thank You novaminerals.com.au Nova Minerals Limited Suite 602 566 St Kilda Road T: +61 3 9537 1238 Melbourne E: info@novaminerals.com.au Victoria 3004 W: www.novaminerals.com.au Australia 41