Anchorage Alaska, April 14, 2026 (GLOBE NEWSWIRE) — Nova Minerals Restricted (“Nova” or the “Company”) (NASDAQ: NVA) (ASX: NVA) (FRA: QM3) ) is happy to announce assay outcomes from its 2025 floor sampling program within the Portage Move space of its flagship Estelle Gold and Important Minerals Undertaking, positioned inside Alaska’s prolific Tintina Gold Belt has recognized a brand new broad zone of gold mineralization 2.5km from Korbel.
Highlights
Doubtlessly important new gold anomaly outlined at Portage Move from discipline observations and 2025 floor assays (Determine 3).Geochemical signature similar to the multi-million ounce Korbel gold deposit throughout the ridgeline to the north, with mineralization showing extra constant and better grade.Sturdy potential for valley-scale extension analogous to the exploration pathway that led to the Korbel discovery.Anomaly supported by seven rock samples grading >2 g/t Au together with a excessive of 14.3 g/t Au (Desk 1), and 10 soil samples grading >0.5 g/t Au with a peak of 1.8 g/t Au (Desk 2) found alongside the ridgelines above the Portage Creek valley flooring.2026 soil sampling program deliberate, with a follow-up IP geophysical survey to be undertaken in keeping with the exploration method that led to the Korbel discovery (Determine 3).
Nova Normal Supervisor and Geologist, Mr Hans Hoffman, commented:
“The 2025 surface sampling at Portage Pass has outlined a broad gold anomaly just over the ridge from the established Korbel deposit. The proximity to existing resources and proposed infrastructure makes Portage Pass particularly compelling. These early results reinforce our belief that the greater Estelle district continues to deliver new opportunities with real upside potential.”
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2025 Estelle Surficial Reconnaissance Program
Throughout the 2025 discipline season, Nova’s geologist crew, led by Normal Supervisor and geologist Mr Hans Hoffman, undertook an intensive floor exploration mapping and sampling program throughout three essential areas of the Estelle Undertaking comprised of over 30 traverses overlaying 75-line kilometers, 430 soil samples, 170 rock samples, and 26 stream sediment samples (Determine 1).
On account of that program and reported up to now:
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Assay outcomes from current rock and soil sampling have outlined a newly creating large-scale gold-copper system at West Wing (ASX Announcement: 2 March 2026).Floor outcomes from the RPM regional and ridgeline areas, together with high-grade RPM-style gold assays of as much as 24.6 g/t Au, have recognized new drill targets at RPM, as outlined on this announcement.Assay outcomes from current rock and soil sampling have recognized a major new gold anomaly at Portage Move, as detailed on this announcement.
All outcomes from 2025 soil and rock sampling throughout the venture district have now been reported.
Determine 1. Estelle property map exhibiting the in depth 2025 exploration program
Portage Move
139 soil samples and 68 rock samples had been collected alongside traverses within the central portion of the declare block between Korbel and Stoney/West Wing. A reasonable grade anomaly is creating within the headwaters of Portage Creek with 23 soil samples better or equal to 0.2 g/t Au, together with 10 soil samples better or equal to 0.5 g/t Au. 11 rock samples primarily centered on the Estelle pluton granodiorite are better than 1.0 g/t Au, together with 5 better or equal to 4 g/t Au and a excessive of 14.3 g/t Au.
The anomalies had been recognized throughout two separate traverses of roughly 3.5km and a pair of.8km, highlighting the potential for this moderate-grade mineralization to increase into the valley in a way similar to the Korbel deposit, positioned instantly north throughout the ridge. Notably, mineralization recognized in talus fines and base of outcrop samples above the Portage Move valley seems extra constant and of barely larger grade than that noticed at Korbel.
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An in depth soil sampling grid is deliberate throughout the valley in 2026. Topic to the outcomes, a ground-based induced polarization (IP) geophysical survey can be undertaken, following the same exploration pathway to that which led to the invention at Korbel.
Whereas stronger geochemical anomalies are current elsewhere at Estelle, Portage Move represents a compelling goal given its proximity to Korbel and the related proposed infrastructure.
Determine 2. Portage Move Valley trying East and Pattern E397324 – 9.6 g/t Au
Determine 3. Portage Move sampling
Desk 1. Important Gold Outcomes – Rocks > 1.0 g/t Au
ProspectSample IDEastingNorthingAu g/tPortageE397326502728687190214.3PortageE39732450290768721019.6PortageG99415750324868728826.6PortageG99416050380468724026.4PortageG99416550296268706964.0PortageG99435350434268698892.5PortageE39732350269068724592.0PortageE39732250266268726151.6PortageE39732550276068719211.5PortageE39733050424168698441.1
Desk 2: Important Gold Outcomes – Soils > 0.5 g/t Au
ProspectSample IDEastingNorthingAu g/tPortageG99431350421168698351.8PortageG99422950333068706691.6PortageE40528050287568719790.9PortageG99423250355268701920.8PortageG99423150354468703840.8PortageE40930350225268719060.6PortageG99432150422168702320.6PortageE40527850290168721150.6PortageE40527650281768722480.5PortageG99422850313468707240.5
Upcoming Milestones
Materials PFS test-work outcomes as they develop into availableAirborne geophysical surveys to start within the spring of 2026Antimony section 1 venture updatesMetallurgical take a look at work ongoingEnvironmental take a look at work ongoingWest Susitna entry highway updatesUpdated MREUpdates on the corporate redomiciliation to the US
Certified Individuals
Vannu Khounphakdy, Skilled Geologist and member of Australian Institute of Geoscientists contracted by Nova Minerals to offer geologic consulting providers. Mr. Khounphakdy holds a Grasp of Science in Mine Geology and Engineering. He’s a certified particular person with a minimum of 5 years expertise with one of these venture. By motive of training, affiliation with an expert affiliation, and previous related work expertise, Mr. Khounphakdy fulfills the necessities of Certified Particular person (QP) for the needs of SEC Regulation SK-1300 for information QA/QC checks related to this announcement.
Hans Hoffman is a State of Alaska Licensed Skilled Geologist contracted by Nova Minerals to offer geologic consulting providers. Mr. Hoffman is a member of the American Institute of Skilled Geologists and holds a Bachelor of Science diploma in Geological Engineering with a double main in Geology and Geophysics. He’s a certified particular person with a minimum of 5 years of expertise with these kind of initiatives. By motive of training, affiliation with an expert affiliation, and previous related work expertise, Mr. Hoffman fulfills the necessities of Certified Particular person (QP) for the needs of SEC Regulation SK-1300 for the technical info offered on this announcement.
About Nova Minerals Restricted
Nova Minerals Restricted is advancing one of many world’s largest undeveloped gold deposits into manufacturing and securing a US home provide of the essential mineral antimony. The Firm is concentrated on the exploration and improvement of the Estelle Gold and Important Minerals Undertaking, positioned in Alaska, a tier-one mining jurisdiction.
Estelle hosts two outlined multi-million-ounce gold assets, and greater than 20 prospects distributed alongside a 35-kilometre mineralized pattern, within the prolific Tintina Gold Belt, a province which hosts a >220 million ounce (Moz) documented gold endowment and a number of the world’s largest gold mines and discoveries together with, Kinross Gold Company’s Fort Knox Gold Mine. In parallel, Nova is advancing its essential minerals technique, fully-funded by a US$43.4 million U.S. Division of Struggle award to develop a home antimony provide chain, focused for manufacturing in late 2026/2027.
Additional dialogue and evaluation of the Estelle Undertaking is obtainable by means of the interactive Vrify 3D animations, displays, and movies, all obtainable on the Firm’s web site. www.novaminerals.com.au
Ahead Trying Statements
This press launch accommodates “forward-looking statements” which might be topic to substantial dangers and uncertainties. All statements, apart from statements of historic reality, contained on this press launch are forward-looking statements. Ahead-looking statements contained on this press launch could also be recognized by means of phrases reminiscent of “anticipate,” “believe,” “contemplate,” “could,” “estimate,” “expect,” “intend,” “seek,” “may,” “might,” “plan,” “potential,” “predict,” “project,” “target,” “aim,” “should,” “will” “would,” or the negative of these words or other similar expressions, although not all forward-looking statements contain these words. Forward-looking statements are based on Nova Minerals Limited’s current expectations and are subject to inherent uncertainties, risks and assumptions that are difficult to predict. Further, certain forward-looking statements are based on assumptions as to future events that may not prove to be accurate. These and other risks and uncertainties are described more fully in the section titled “Risk Factors” in the final prospectus related to the public offering filed with the Securities and Exchange Commission. Forward-looking statements contained in this announcement are made as of this date, and Nova Minerals Limited undertakes no duty to update such information except as required under applicable law.
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