Nova Minerals Limited · ASX:NVA

Nova Minerals — Shareholder Meeting (November 2022)

32 slides from Nova Minerals's shareholder meeting presentation, Nov 29, 2022

  1. Slide 1: Estelle Gold Project: Developing North America's next major gold trend in Alaska

    For personal use only Estelle Gold Project Developing North America’s next major gold trend in Alaska November 2022 AGM Presentation 29 November 2022 To watch a video commentary on this ASX: NVA | OTCQB: NVAAF | FSE: QM3 AGM Presentation with our CEO, www.novaminerals.com.au Christopher Gerteisen, p

  2. Slide 2: Disclaimer

    Disclaimer For personal use only The information contained in this confidential document (“Presentation”) has been prepared by Neither this presentation nor any copy of it may be (a) taken or transmitted into the United Kingdom, Nova Minerals Limited (the “Company”). It has not been fully verified a

  3. Slide 3: Nova at a Glance

    Nova at a Glance Highlights Fact Sheet For personal use only Estelle Gold Trend – 35km long with Location: Alaska, USA decades of opportunity and Jurisdiction: Tier 1* multiple large deposits Project Stage: Scoping Study/PFS High-grade RPM Resource Korbel Commodity: Gold, copper, silver - 1.5 Moz Au

  4. Slide 4: Corporate Snapshot

    Corporate Snapshot Share Distribution Pro-Forma after placement and assumes director and Share Price Market Capitalisation management shares 2% are approved 12% For personal use only $0.695 $147.5m 52 week high $1.31, low $0.53 Shares on Issue Cash & Cash Equivalents 23% 212.2m ~$70.0m 1 1&2 63% 2 ~

  5. Slide 5: Nebari Gold Fund Partnership

    Nebari Gold Fund Partnership US-based Nebari runs multiple closed-end, mining- For personal use only focused private debt funds, with combined equity Nebari’s General Partner Clark Gillam (Left, at Korbel site visit below) capability “We are very excited to become part of the Estelle project and sup

  6. Slide 6: Board of Directors

    Board of Directors For personal use only Anna was the former Chief Chris as CEO controls all Louie has been an Craig is responsible for Rodrigo is a mining Avi has extensive Financial Officer of aspects of the Estelle Gold Executive Director of Nova finance, compliance and engineer who’s skills inve

  7. Slide 7: Estelle Flagship Gold Project

    Estelle Flagship For personal use only Gold Project KINROSS FORT KNOX 85% Ownership 11.0 Moz @ 0.3g/t CANADA FREEGOLD VENTURES ITH GOLDEN SUMMIT LIVENGOOD 3.0 Moz @ 0.69g/t 13.8 Moz @ 0.6g/t NORTHERN STAR ALASKA POGO 6.9 Moz @ 9.4g/t VICTORIA GOLD DUBLIN GULCH/EAGLE YUKON 4.7 Moz @ 0.63g/t TINTINA G

  8. Slide 8: Estelle location

    Estelle 150km northwest of Anchorage, For personal use only Talkeetna Alaska’s major city Puntilla Alaska Skwentna Winter Trail Westinghouse Micro Reactor – Whiskey Bravo Designed for reliable electricity and Willow heat generation Proposed West Susitna Access Road Wasilla novaminerals.com.au Propos

  9. Slide 9: Multiple Deposits over a new Alaskan Gold Trend

    Estelle Multiple Deposits over a new “Alaskan” Gold Trend For personal use only Mt Estelle Batholith JORC Resource Project History 2017: Claims staked Estelle Mining Lease Mineral Prospects 2018: Target generation 2019 – 2022: Drilling, resource N growth, further discoveries 2022 Onwards: Economic s

  10. Slide 10: Growing Gold Resource

    Growing Gold Resource Well on the way to becoming a world-class, tier-one, global gold producer For personal use only 2022 We are only getting started! 2021 9.6 Moz Estimated JORC total 2021 6.2 Moz gold resource Resource from 2 of 2021 4.7 Moz 20+ prospects Drilling ongoing 2020 3.3 Moz across the

  11. Slide 11: RPM – High Grade Resource

    RPM – High Grade Resource For personal use only Exceptional high-grade inferred RPM-005 400m @ 3.5 g/t Au RPM-015 258m @ 5.1 g/t Au 1.5 Moz @ 2g/t Au resource Incl: 287m @ 4.8 g/t Au Incl: 161m @ 8.1 g/t Au 132m @ 10.1 g/t Au 117m @ 11.1 g/t Au 86m @ 14.1 g/t Au 45m @ 25.3 g/t Au 38 holes, 13,500m d

  12. Slide 12: RPM North - 1.5moz @ 2g/t Resource

    RPM North - 1.5moz @ 2g/t Resource For personal use only 400m of strike length defined by close spaced measured level resource drilling Remains wide open in strike and depth Bonanza grade zone – 150mL x 50mW x 300mD novaminerals.com.au 2nd mineralised intrusive intercepted in RPM-025 presents signif

  13. Slide 13: RPM North Sections

    RPM North Sections Thick zones of continuous high-grade gold For personal use only defined by close space drilling 199m @ 1.9g/t Au over all from surface 198m @ 2.1g/t Au over all from 8m 400m @ 3.5g/t Au over all from surface 193m @ 3.9g/t Au novaminerals.com.au over all from 4m 260m @ 3.6g/t Au ov

  14. Slide 14: RPM – Upside Potential

    RPM – Upside Potential For personal use only RPM South drilling is showing a potential genetic link to RPM North, with a larger surface foot print RPM South intrusive remains wide open in all directions ~ 600m high priority continuous target area identified linking RPM novaminerals.com.au North to R

  15. Slide 15: Korbel – Bulk Tonnage Resource

    Korbel – Bulk Tonnage Resource Large bulk tonnage resource 8.1 Moz @ KBDH-012 429m @ 0.6 g/t Au For personal use only 0.3g/t Au – 3.0 Moz Indicated & 5.1 Moz Incl: 101m @ 1.3 g/t Au 82m @ 1.5 g/t Au Inferred Intrusion Related Gold System (IRGS) KBDH-024 549m @ 0.3 g/t Au Incl: 97m @ 0.8 g/t Au 3km o

  16. Slide 16: Korbel Upside

    Korbel Upside Untapped Potential Across Korbel For personal use only >10 Moz Au potential within the wider Korbel area Korbel Main infill drilling complete for Indicated Resource upgrade Korbel Main – 8.1 Moz Au Resource Lower grade material upgraded (up to 6 g/t Au) using ore sorting High grade mat

  17. Slide 17: Estelle Gold Trend - Unlocked

    Estelle Gold Trend - Unlocked High-Grade RPM Deposit To be included in the Phase 2 Scoping Study For personal use only State land To Anchorage Whiskey Bravo Environmental permitting studies advancing Airstrip & Camp Conceptual mine plan/trade off studies progressing Huge upside remains across the Es

  18. Slide 18: Proven Flowsheet

    Proven Flowsheet For personal use only novaminerals.com.au 18 ASX Announcements 28 February 2022 & 10 August 2022

  19. Slide 19: Estelle Gold Trend Strategy and Next Months

    Estelle Gold Trend Strategy Next 18 Months For personal use only Resource update (30,000m additional drilling) Priority Drill Targets Key: Whiskey Bravo Phase 2 Scoping Study (includes high-grade for 2023 Airstrip & Camp - High priority & resource RPM) expansion drilling - New target resource drilli

  20. Slide 20: 2022 Drilling (Ongoing)

    2022 Drilling (Ongoing) For personal use only RPM North – 24 holes ~ 9,000m drilled – 16 received, 8 pending RPM South – 8 holes ~ 3,000m drilled – All Assays pending Cathedral – 12 holes ~ 5,000m drilled – All assays pending Korbel Main – 30 holes ~ 10,000m drilled – All assays pending novaminerals

  21. Slide 21: Estelle's Path to Production

    Estelle’s Path to Production For personal use only novaminerals.com.au 21

  22. Slide 22: Prospect Pipeline

    Prospect Pipeline Korbel For personal use only Multiple targets including expanding Korbel Main, Cathedral, Isabella, Sweet Jenny, Portage, NK, You Korbel Beauty, Blocks C&D Train and Shoeshine High grade rock samples include: 30.4g/t, 24.5g/t, 21.6g/t, 7.5g/t, 5.7g/t, 5.4g/t Exploration confirms an

  23. Slide 23: Estelle – The Carlin of the North

    Estelle – The Carlin of the North - A Tale of Two Gold Trends Estelle Gold Trend Carlin Gold Trend 9.6 Moz Au and still growing 130 Moz Au with 84 Moz Au produced For personal use only Gold Strike Mooja Korbel Deposit Betze Post Leeville 3.0 Moz Au Indicated 5.1 Moz Au Inferred Carlin Carlin Process

  24. Slide 24: Comparison to Peers

    Comparison to Peers For personal use only novaminerals.com.au 1 4 3 3 All data from publicly available information on the respective company websites 1 Market Caps calculated as SOI x SP as at 25 November 2022 as per TradingView.com. Canadian market caps converted using CAD$0.90 to AUD 2 All Mineral

  25. Slide 25: Creating Long-Term Value for All Stakeholders

    Creating Long-Term Value for All Stakeholders For personal use only Established a Social Licence To Operate Hire and buy Alaskan Support local communities Responsible development Health and safety novaminerals.com.au Committed to creating a safe and environmentally responsible future mining 25 . ope

  26. Slide 26: Year Round Operation

    Year Round Operation For personal use only Airstrip, Winterized camp and sample processing facility established 4,000 foot airstrip compliant for DC3 aircraft, with plans to expand to allow for larger capacity aircraft Support 80 person fully winterized camp On-site sample crushing and splitting nov

  27. Slide 27: Why Invest in Nova Minerals

    Why Invest in Nova Minerals Multiple deposits, with potentially decades of opportunity, over a new gold trend comparable to the legendary Carlin Trend in Nevada - 9.6 Moz and growing fast! For personal use only Passion, drive and energy – The Nova team work 24/7/365 with one goal in mind – To get Es

  28. Slide 28: Thank You

    Thank You For personal use only Nova Minerals Limited T: +61 3 9537 1238 E: info@novaminerals.com.au W: www.novaminerals.com.au novaminerals.com.au Main Operations Office Whiskey Bravo Airstrip Suite 602 Matanuska-Susitna Borough, 566 St Kilda Road Alaska, USA Melbourne 1150 S Colony Way Suite 3-440

  29. Slide 29: For personal use only

    For personal use only

  30. Slide 30: Appendix 1: Estelle Resource Table

    Appendix 1: Estelle Resource Table For personal use only novaminerals.com.au 30

  31. Slide 31: Appendix 2: Strategic Investments

    Appendix 2: Strategic Investments Approx. AUD$35.0m Value as of 27 November 2022 For personal use only 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 millio

  32. Slide 32: Appendix 3: Ore Sorting

    Appendix 3: Ore Sorting Discrete Korbel Main Veins For personal use only 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 cond

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