Nova Minerals Limited · ASX:NVA

Nova Minerals — Investor Presentation (October 2022)

30 slides from Nova Minerals's investor presentation, Oct 24, 2022

  1. Slide 1: Estelle Gold Project: October 2022 Market Update

    Estelle Gold Project Developing North America’s next major gold trend in Alaska October 2022 Market Update To watch a video commentary on 20 October 2022 this market update with our CEO, ASX: NVA | OTCQB: NVAAF | FSE: QM3 Christopher Gerteisen, www.novaminerals.com.au please click here

  2. Slide 2: Disclaimer

    Disclaimer 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 and is subject to mater

  3. Slide 3: Nova at a Glance

    Nova at a Glance Highlights Fact Sheet Estelle Gold Trend – 35km long with Location: Alaska, USA multiple large deposits Jurisdiction: Tier 1* High-grade RPM Resource Project Stage: Scoping Study/PFS - 1.5 Moz Au @ 2 g/t Korbel Commodity: Gold, copper, silver Bulk tonnage Korbel Resource Resources:

  4. Slide 4: Corporate Snapshot

    Corporate Snapshot Share Distribution 21 October 2022 Share Price Market Capitalisation 0.6% 12.5% $0.65 $119.4m 52 week high $2.00, low $0.53 21 October 2022 21 October 2022 49.1% Shares on Issue Listed Investments 37.8% 183.7m $24.4m 1 21 October 2022 21 October 2022 1 Listed Investments: Snow Lak

  5. Slide 5: Board of Directors

    Board of Directors 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 investment experience and

  6. Slide 6: Estelle

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

  7. Slide 7: Estelle

    Estelle 150km northwest of Anchorage, Talkeetna Alaska’s major city Puntilla Skwentna Whiskey Bravo Winter Trail Proposed gas line (Donlin Gold) Willow Wasilla novaminerals.com.au Proposed West Susitna Access Road Port Mackenzie Beluga Anchorage 7

  8. Slide 8: Estelle

    Estelle Multiple Deposits over a new “Alaskan” Gold Trend 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 studies, Korbel Korbel

  9. Slide 9: 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 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 Estelle novaminerals.c

  10. Slide 10: RPM – High Grade Resource

    RPM – High Grade Resource 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 at 4.8 g/t Au Incl: 161m at 8.1 g/t Au 132m at 10.1 g/t Au 117m at 11.1 g/t Au 86m at 14.1 g/t Au 45m at 25.3 g/t Au 38 holes, 13,500m drilled to date B

  11. Slide 11: RPM – Upside Potential

    RPM – Upside Potential 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 RPM South Highest prior

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

    RPM North - 1.5moz @ 2g/t Resource 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 significant resource upside

  13. Slide 13: RPM North Sections

    RPM North Sections Thick zones of continuous high-grade gold defined by close space drilling novaminerals.com.au 13 Section_1950mE Section_1900mE ASX Announcements 11 October 2021, 8 & 22 August 2022 & 4 October 2022

  14. Slide 14: Korbel – Bulk Tonnage Resource

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

  15. Slide 15: Korbel Upside

    Korbel Upside Untapped Potential Across Korbel >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 material (approx. 1.6 Moz

  16. Slide 16: Estelle Gold Trend - Unlocked

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

  17. Slide 17: Proven Flowsheet

    Proven Flowsheet novaminerals.com.au 17 ASX Announcements 28 February 2022 & 10 August 2022

  18. Slide 18: Estelle Gold Trend Strategy Next Months

    Estelle Gold Trend Strategy Next 18 Months 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 drilling PFS Trade Off Studi

  19. Slide 19: 2022 Drilling (Ongoing)

    2022 Drilling (Ongoing) 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.com.au Hydro Wells –

  20. Slide 20: Estelle’s Path to Production

    Estelle’s Path to Production novaminerals.com.au 20

  21. Slide 21: Prospect Pipeline

    Prospect Pipeline Korbel 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 another large IRGS at su

  22. Slide 22: Estelle – The Carlin of the North - A Tale of Two Gold Trends

    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 Gold Strike Mooja Korbel Deposit Betze Post Leeville 3.0 Moz Au Indicated 5.1 Moz Au Inferred Carlin Carlin Processing Facility 35 km Sto

  23. Slide 23: Comparison to Peers

    Comparison to Peers 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 21 October 2022 as per TradingView.com. Canadian market caps converted using CAD$0.86 to AUD 2 All Mineral Resource Estimates inc

  24. Slide 24: Creating Long-Term Value for All Stakeholders

    Creating Long-Term Value for All Stakeholders 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 24 . operation that provides o

  25. Slide 25: Year Round Operation

    Year Round Operation 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 novaminerals.com.au prepa

  26. Slide 26: Why Invest in Nova Minerals

    Why Invest in Nova Minerals 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 become the next world

  27. Slide 27: Thank You

    Thank You 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, Victoria 3004 Palmer

  28. Slide 28: _ MINERALS

    _ MINERALS Neva”

  29. Slide 29: Appendix 1: Estelle Resource Table

    Appendix 1: Estelle Resource Table novaminerals.com.au 29

  30. Slide 30: Appendix 2: Strategic Investments

    Appendix 2: Strategic Investments Approx. AUD$24.4m Value as of 21 October 2022 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

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