Quarterly Activities Report
Quarterly Activities Report

Melbourne, April 30, 2021 AEST (ABN Newswire) - Nova Minerals Limited (googlechartASX:NVA) (googlechartQM3:FRA) (googlechartNVAAF:OTCMKTS) continued to grow the Estelle Gold Project throughout the Quarter, culminating in another significant milestone, the release of a JORC Compliant 4.7Moz Resource at Korbel Main in April 2021 (ASX 07 April 2021), while concurrently running test work to feed into the Interim Scoping Study for Korbel Main prospect (one of 15 known prospects across the Estelle gold district).

HIGHLIGHTS

- Global Resource at Korbel Main Grows to 4.7Moz Gold

- Wide Near Surface Intersections at Korbel Main South-East Extend Strike of Already Identified Mineralised Zone by 30%

- Further Indications of Higher-Grade Zones at Korbel Main

- Further Gold Zone Extension Confirmed at Korbel Main North west and South East

- Continued Expansion of the Korbel Gold Deposit

- Nova Confirms Exceptional Ore Sorting Viability at Korbel

- Interim Scoping Study is Underway

- Estelle Gold Camp Extended, will Soon Include On-Site Prep Lab for additional cost efficiencies

- Nova is Delivering Responsible ESG Business Practices that Lead to Both the Creation of Strong Economic Returns for our Shareholders, and Shared Value for our Stakeholders.

- Snow Lake Resources to Raise up to $23m in an IPO

- RotorX Aircraft Manufacturing Grows, Electric Helicopter in Development

To view the full quarterly report, please visit:
https://abnnewswire.net/lnk/0Q58SY2V


About Nova Minerals Limited

Nova Minerals LtdNova Minerals Limited's (ASX:NVA) (FRA:QM3) (OTCMKTS:NVAAF) vision is to develop North America's next major gold trend. The company is focused on exploration in Alaska's prolific Tintina Gold Belt, a province which hosts a 220 million ounce (Moz) documented gold endowment and some of the world's largest gold mines and discoveries including Victoria Gold's Eagle Mine and Kinross Gold Corporation's Fort Knox Gold Mine. The company's flagship Estelle Project has a current total estimated JORC gold resource of 9.6Moz (3Moz Indicated and 6.6Moz Inferred). Estelle is a 45km long string of 15 identified gold prospects bracketed by the Korbel deposit in the north and the RPM deposit in the south. These two deposits are currently host to extensive exploration programs.

Additionally, Nova has an indirect interest in the Canadian Thompson Brothers Lithium Project through a substantial stake in Snow Lake Resources Ltd (NASDAQ:LITM) and holds a 12.99% interest in Torian Resources Limited (ASX:TNR), a gold exploration company based in Western Australia.

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Contact

Nova Minerals Ltd
P: +61-3-9614-0600
F: +61-3-9614-0550
WWW: novaminerals.com.au



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