Nova Minerals Ltd - Investor Presentation 2020

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Estelle Gold Project Nova Minerals is a dynamic Australian explorer and developer

2.5Moz gold resource is a start, the best is yet to come…

January,
2020

Disclaimer and Forward Looking Statement

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The
informa=on
contained
in
this
confiden=al
document
(“Presenta=on”)
has
been
prepared
by
Nova
Minerals
Limited
(the
“Company”).
It
has
not been
fully
verified
and
is
subject
to
material
upda=ng,
revision
and
further
amendment. While
the
informa=on
contained
herein
has
been
prepared
in
good
faith,
neither
the
Company
nor
any
of
its
shareholders,
directors,
officers,
agents, employees
or
advisers
give,
have
given
or
have
the
authority
to
give,
any
representa=ons
or
warran=es
(express
or
implied)
as
to,
or
in
rela=on
to,
the accuracy,
reliability
or
completeness
of
the
informa=on
in
this
Presenta=on,
or
any
revision
thereof,
or
of
any
other
wriQen
or
oral
informa=on
made or
to
be
made
available
to
any
interested
party
or
its
advisers
(all
such
informa=on
being
referred
to
as
“Informa=on”)
and
liability
therefore
is expressly
disclaimed.
Accordingly,
neither
the
Company
nor
any
of
its
shareholders,
directors,
officers,
agents,
employees
or
advisers
take
any responsibility
for,
or
will
accept
any
liability
whether
direct
or
indirect,
express
or
implied,
contractual,
tor=ous,
statutory
or
otherwise,
in
respect
of, the
accuracy
or
completeness
of
the
informa=on
or
for
any
of
the
opinions
contained
herein
or
for
any
errors,
omissions
or
misstatements
or
for
any loss,
howsoever
arising,
from
the
use
of
this
Presenta=on.

Neither
the
issue
of
this
Presenta=on
nor
any
part
of
its
contents
is
to
be
taken
as
any
form
of
commitment
on
the
part
of
the
Company
to
proceed with
any
transac=on
and
the
right
is
reserved
to
terminate
any
discussions
or
nego=a=ons
with
any
prospec=ve
investors.
In
no
circumstances
will
the Company
be
responsible
for
any
costs,
losses
or
expenses
incurred
in
connec=on
with
any
appraisal
or
inves=ga=on
of
the
Company.
In
furnishing
this Presenta=on,
the
Company
does
not
undertake
or
agree
to
any
obliga=on
to
provide
the
recipient
with
access
to
any
addi=onal
informa=on
or
to update
this
Presenta=on
or
to
correct
any
inaccuracies
in,
or
omissions
from,
this
Presenta=on
which
may
become
apparent.

This
Presenta=on
should
not
be
considered
as
the
giving
of
investment
advice
by
the
Company
or
any
of
its
shareholders,
directors,
officers,
agents, employees
or
advisers.
Each
party
to
whom
this
Presenta=on
is
made
available
must
make
its
own
independent
assessment
of
the
Company
aRer making
such
inves=ga=ons
and
taking
such
advice
as
may
be
deemed
necessary.
In
par=cular,
any
es=mates
or
projec=ons
or
opinions
contained herein
necessarily
involve
significant
elements
of
subjec=ve
judgement,
analysis
and
assump=ons
and
each
recipient
should
sa=sfy
itself
in
rela=on
to such
maQers.

Neither
this
presenta=on
nor
any
copy
of
it
may
be
(a)
taken
or
transmiQed
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United
Kingdom,
Canada,
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or
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States
of
America, their
territories
or
possessions;
(b)
distributed
to
any
U.S.
person
(as
defined
in
Regula=on
S
under
the
United
States
Securi=es
Act
of
1933(as amended))
or
(c)
distributed
to
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individual
outside
Australia,
Canada
or
Japan
who
is
a
resident
thereof
in
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case
for
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of
offer
for sale
or
solicita=on
or
invita=on
to
buy
or
subscribe
any
securi=es
or
in
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context
where
its
distribu=on
may
be
construed
as
such
offer,
solicita=on
or invita=on,
in
any
case
except
in
compliance
with
any
applicable
exemp=on.
The
distribu=on
of
this
document
in
or
to
persons
subject
to
other jurisdic=ons
may
be
restricted
by
law
and
persons
into
whose
possession
this
document
comes
should
inform
themselves
about,
and
observe,
any such
restric=ons.
Any
failure
to
comply
with
these
restric=ons
may
cons=tute
a
viola=on
of
the
laws
of
the
relevant
jurisdic=on.

The
Company
confirms
that
it
is
not
aware
of
any
new
informa=on
or
data
that
materially
affects
the
informa=on
included
in
this
document
and
that all
material
assump=ons
and
technical
parameters
underpinning
the
es=mates
con=nue
to
apply
and
have
not
materially
changed
from
the announcements
released
on
the
ASX
on
16
July
2019,
17
July
2019,
12
August,
2019,
2
September,
2019
,
11
September,
2019
and
17
September, 2019.

Estelle
Gold
Project
Alaska

Estelle Gold Project Loca:on

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Loca/on:

185
km
northwest
of
Anchorage 15
km
-‐
Whiskey
Bravo
Airstrip 15
km
-‐
proposed
Donlin
Pipeline

Access:

AircraR:
Anchorage
to
Whiskey
Bravo Helicopter:
Whiskey
Bravo
to
Property Winter
Road
Access
Available

Climate:

Summer
Temp
=
5[0] to
30[0] C Winter
Temp
=
-‐15[0] to
-‐5[0] C Annual
Precipita=on
=
500
–
900
mm

Terrane

Alaska
Mountain
Range Eleva=ons
705
-‐2,085
m Excellent
outcrop
exposure Drilling
accessible
all
year
round

“The
Estelle
Project
is
situated
in
an
emerging gold
district
in
a
highly
produc8ve
gold
belt”

Estelle
Gold
Project
Alaska

Regional Se<ng: The Tin:na Gold Belt

**Loca/on

is
Key**

The
Estelle
property
is
located
within
the
Tin=na
Gold
Belt
(TGB)
of
the Northern
Cordillera.
More
than
200
million
ounces
of
hard
gold
resources
have
been documented
within
the
belt
during
the
last
decade
alone.
Untold
millions
of
ounces
of
historical
placer
gold
Intrusion
related
IRGS
deposits
types
are
common
throughout
the
TGB which
hosts
a
number
of
recent
world
class
discoveries
and
producers

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Estelle
Gold
Project
Alaska

The Estelle Gold District

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368
State
mining
claims 220
km[2
] Nova
earning
up
to
85%

Size

Ownership

IRGS
deposit
type
targets Estelle
plutonic
complex Cretaceous
age
mul=phase
intrusion

Geology

Korbel
deposit
Inferred
Resource 181.29
mt
@
0.43
g/t
Au
(2.5
Moz
gold) Mineraliza=on
open
in
all
direc=ons Mul=ple
gold
occurrences Low
cost
bulk
mineable
targets Open
in
all
direc=ons
and
depth

Poten/al

Note: Korbel
deposit
Es=mated
Resource
reported
here
using
a
0.025
g/t
Au cut-‐off
grade
for
illustra=ve
purposes.
See
Mineral
Resource
Statement
table for
alterna=ve
cut-‐off
grade
es=mates.

Estelle
Gold
Project
Alaska

The Estelle Gold District

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**Property

Wide
Mul/ple
Gold
Targets**

“there
is
gold
in
them
thar
hills”
• Satellite
image
of
the
Estelle
gold
property illustra=ng
the
distribu=on
of
mul=ple
gold prospects
on
the
Estelle
property
• Compila=on
and
Target
assessment
are
ongoing

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“Re-‐assaying
of
intact,
historical
drill
core
by
Nova
from
the RPM
yielded
177.39
m
grading
0.79
g/t
Au
(includes
1.02g/t Au
over
120.40
m
and
1.79g/t
Au
over
50.17
m
)
“

Estelle
Gold
Project
Alaska

The Estelle Intrusion Related IRGS Deposit Model

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**Korbel

Deposit
Model**

Nova’s
Korbel
deposit
is
a
classic
Intrusion
Related Gold
System
(IRGS)
type
deposit.
Economic
IRGS type
deposits
such
as
Fort
Knox
and
Eagle
are
low grade
mul=-‐million-‐ounce
open
pit
mines
occurring in
the
TGB. IRGS
deposits
commonly
form:

In
the
carapace
of
smaller,
mul=phase
plutonic bodies
Mineralized
gold
zones
may
extend
from
the cupola
through
into
the
thermal
aureole surrounding
the
pluton
Conjugate
sets
of
mineralized
sheeted
veins
in late
structures
are
typically
emplaced
coeval with
the
final
stages
of
pluton
crystalliza=on
• Proximal
and
distal
types
of
IRGS
deposits
may also
form
in
favorable
structures
beyond
the thermal
aureole
surrounding
the
pluton
• Pathfinder
elements
to
intrusion
related
gold deposits
and
the
Korbel
deposit
include
As,
Bi, Te
and
lesser
Mo
and
Sb.

Estelle
Gold
Project
Alaska

Deposit Types: Examples

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**Korbel

Deposit
Mineraliza/on
Style**

The
mineraliza=on
is
characterized
by
a
conjugate
sets
of
sub–cen=meter
scale,
commonly
sheeted
quartz veins.
These
gold-‐bearing,
veins
are
mineralized
with
arsenopyrite,
pyrite
and
pyrrho=te
and
the
host
intrusive rocks
to
the
veins
are
mineralized
with
disseminated
sulfides.

The
mineralized
bodies
are
similar
in
grade,
style of
mineraliza=on,
deposit
type
and
tonnage
poten=al
to
the
Fort
Knox
and
Eagle
deposits
which
are
also located
in
the
Tin=na
Gold
Belt
of
the
Northern
Cordillera.

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Sheeted
quartz
veins,
Korbel
deposit.

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Sheeted
quartz
veins,
Fort
Knox
and
Dublin
Gulch
Eagle
deposit.

Estelle
Gold
Project
Alaska

Vein Types: Mineralogy and Paragenesis

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**Korbel

Deposit
Vein
Types,
Mineralogy
and
Mineralogy**

Flagg
(2014)
characterized
the morphology,
cross-‐cupng rela=onships,
vein
paragenesis, and
mineralogy
of
the
veins
and iden=fied
those
minerals associated
with
gold mineraliza=on
and
determined the
rela=ve
=ming
of
vein forma=on
and
sulfide mineraliza=on.

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Time

“Gold
in
the
Korbel
deposit
is
associated
with orthogonal
sets
of
Vein
Types
2
and
3”

Estelle
Gold
Project
Alaska

Korbel Deposit Geology

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The
Star/ng
Point Nova
recognized
the
significance of
the
project
early
and
in
just
1.5 years
with
minimal
budgets established
a 2.5Moz
Inferred Gold
Resource as
follows; Geological
map
of
the
Korbel deposit
area
showing:

Historical
(2011/2012)
cored drill
holes
are
shown
in
red
• Historical
Holes
SE11-‐001, SE12-‐002
and
SE12-‐004
all returned
broad
intersec=ons grading
0.44
to
1.14
g/t
Au
• Geology
and
outcrop
rock sampling
was
completed
by Bundtzen
(2018)
• Nova
recognized
the significance
of
these
early holes
and
scale
of
the poten=al
IRGS
deposits
that could
occur
on
the
property.

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“The
Nova
Team
recognized
the
significance
and
mine
poten8al
of
the project
and
Joint
Ventured
the
Property
on
20th
November
2017”

Estelle
Gold
Project
Alaska

Ground Magnetometer Survey (ASX: 16 and 17 July, 2019)

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**Magnetometer

Survey**

In
2019
Nova
completed
a ground
magnetometer
survey over
the
Korbel
deposit
target area
to
guide
the
drilling.

In
general,
the
magne=cs response
is
subtle
with
a gradient
of
only
150
nT
in
the Korbel
target
area
These
data
highlighted
the significance
of
the
“Valley Fault”,
other
key
structures and
dis=nc=ve
geologic domains

• Several
dis=nct,
deep-‐seated, Magne=c
lows
were iden=fied
which
may
reflect altera=on
or
different intrusive
phases
of
the Estelle
pluton.

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“The
Ground
Magne8cs
survey
was
par8cularly
useful
delinea8ng significant
structures
at
the
deposit
scale”

Estelle
Gold
Project
Alaska

Ground Resis:vity Survey (ASX: 16 and 17 July, 2019)

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**Resis/vity

Survey**

The
Resis=vity
survey
once again
highlighted
the significance
of
the
“Valley Fault”
The
data
also
defined
2 dis=nct
geological
domains
to the
north
and
south
of
the Valley
Fault

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“The
Resis8vity
highlighted
the
Valley
Fault
and
also
defined
2 dis8nct
geological
domains”

Estelle
Gold
Project
Alaska

Ground IP/Chargeability Survey (ASX: 16 and 17 July, 2019)

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**IP/Chargeability

Survey**

The
Chargeability
survey
data was
used
to
iden=fy
areas which
may
have
increased concentra=ons
of
sulfide minerals.
In
the
Korbel
target
area
4 dis=nct
anomalies
were delineated
by
the
survey.
Targets
A
and
B
had
broad low-‐grade
historical
drill
hole intersec=ons
All
the
pieces
were
star=ng
to fit
together.

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“The
Chargeability
data
defined
4
high
priority
Targets
in
the Korbel
Valley
area”.

Estelle
Gold
Project
Alaska

2019 Drilling Targets

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**2019

Drilling
Program**

Using
the
available
data,
Nova iden=fied
4
high
priority
Targets A,
B,
C
and
D.
Nova
completed
18
Reverse Circula=on
(RC)
holes
(1,367
m) tes=ng
Targets
A
and
B.
• Nova
also
re-‐sampled
3
intact, historical
cored
drill
holes

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“Data
Compila8on
and
drill
Targets,
Korbel
Valley
Area
-‐ 2.5Moz
Inferred
Gold
Resource
is
just
a
start”

Estelle
Gold
Project
Alaska

Korbel Deposit Inferred Resource Es:mate

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Cut-of Au g/t	InferredResourceModel	InferredResourceModel	InferredResourceModel
	Tonnes	Grade Au g/t	Gold Ounces
0.00	311,501,760	0.286	2,864,338
0.05	275,556,930	0.320	2,835,039
0.10	225,538,080	0.374	2,711,997
0.15	205,188,840	0.398	2,625,636
0.18	181,291,950	0.429	2,500,538
0.20	169,590,735	0.446	2,431,838
0.25	126,171,385	0.523	2,121,584
0.30	96,634,435	0.590	1,833,081
0.35	81,543,355	0.649	1,701,496
0.40	68,620,730	0.700	1,544,369
0.45	55,794,920	0.764	1,370,521
0.50	47,371,345	0.817	1,244,330

**Notes

to
Resource
Es/mate:**

The
effec=ve
date
of
this
es=mate
was
September
9,
2019
- The
  bulk
  density
  was
  es=mated
  at
  2.68
  t/m[3
  ] * No
  grade
  capping
  was
  used
  in
  es=ma=ng
  the
  resource * Es=ma=on
  methodology
  used
  an
  inverse
  distance
  squared interpola=on
  with
  a
  140
  m
  search
  radius
• Mineral
Resources
that
are
not
Mineral
Reserves
do
not
have demonstrated
economic
viability
- The
  reported
  mineral
  resources
  are
  considered
  to
  have reasonable
  prospects
  for
  economic
  extrac=on
- This
  Resource
  Es=mate
  was
  completed
  in
  accordance
  with
  JORC Standards
  and
  is
  not
  and
  advanced
  resource
  es=mate

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Estelle
Gold
Project
Alaska

Korbel Deposit 3D Geophysical Modeling

(ASX: 16 and 17 July, 2019 and 11 September, 2019)

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----- Start of picture text -----

Magne/cs
1.5
km
2.1
km
150
m
Magne/c
Lows
----- End of picture text -----

The
Magne=cs
survey
delineated
three
deep-‐seated Magne=c
anomalies
which
may
reflect
altera=on
or different
intrusive
phases.
Although
subtle,
the
varia=ons in
the
magne=c
response
was
used
to
iden=fy
several fault
structures

Resis/vity

The
Resis=vity
survey data
highlighted
the significance
of
the “Valley
Fault”
across which
2
district
geologic domains
are
juxtaposed

Bounding Faults Target
D

==> picture [62 x 90] intentionally omitted <==

Chargeability

“Building
on
the
success
of Nova’s
geophysical
surveys
in defining
ini/al
drill
targets, further
3D
depth
modeling
to 150m
depth
of
the
survey
data has
been
completed.
These data
reinforce
and
support Nova’s
interpre/ve
geologic model
being
developed
for
the Korbel
deposit
which
will
be used
to
guide
future
drilling”

Resource Block
A

Valley
Fault

The
Chargeability survey
was
remarkably effec=ve
at
delinea=ng the
mineraliza=on associated
with
Targets A
and
B

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Target
C Resource
Block
B

Estelle
Gold
Project
Alaska

Korbel Deposit Area Interpreta:on (ASX: 16 and 17 July, 2019 and 11 September, 2019)

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----- Start of picture text -----

2.1
km
Resource
The
Bigger
Picture
1.5
km
Blocks
Interpre=ve3D
representa=on
of
the
Korbel
deposit
area
illustra=ng
topography
and
the
Resource
model
enveloped
by
the
Chargeability
anomaly.
Faults
have
been
added
to
the
model.
Note
Targets
C
and
D
150
m
which
have
not
been
drill
tested
to
date.
Bounding
Faults
Target
D
Resource
Valley
Fault
Block
A
“Resource
Blocks
A
and
B
are
both
enveloped
by
the
Chargeability
anomalies
that
defined
the
drill
Target
C
targets.

Targets
C
and
D
have
both
larger
and
stronger
Valley
Fault
Resource
Chargeability
anomalies
that
have
Block
B
not
been
drill
tested
to
date
–
Drill
Holes
Only
scratched
the
surface”
----- End of picture text -----

Estelle
Gold
Project
Alaska

Gold Leach Recoveries Av. 76% at the Korbel Deposit (ASX: 30 December 2019)

==> picture [92 x 54] intentionally omitted <==

Recoveries

Excep=onal
gold
leach
recoveries 76% averaging at
the
Korbel
Gold Deposit. All
ini=al
metallurgical
test-‐ work
results
are
consistent
with Nova’s
expecta=on
that
supports
a future
low
strip,
bulk
mining,
heap leach
mining
opera=on. print
of
the
mineraliza=on.

==> picture [238 x 224] intentionally omitted <==

**Table

Summary
of
Results**
Twenty
five
(25)
R/C
and
diamond
drill
samples
rejects
were
sent for
cyanida=on
(AuCN)
analysis
at
ALS
assay
laboratory. These
samples
had
been
analysed
for
total
gold
by
fire
(AuFA) during
the
resource
drilling
campaign. Leach
recoveries
were
calculated
using
the
AuCN
/
AuFA
ra=o. The
first
AuCN
analysis
was
by
ALS
method
AA13,
a
basic
tube
leach test
u=lizing
a
30g
sample
size
with
a
<2
hour
leach
=me
and
an
AAS finish. The
second
AuCN
analysis
was
by
ALS
method
AA14,
a
more representa=ve
boQle
roll
leach
test
u=lizing
a
1kg
sample
size
with
a 12
hour
leach
=me,
AAS
finish.
The
12
hour
boQle
roll
test
showed
significantly
increased recoveries
across
the
board,
establishing
a
clear
posi=ve
correla=on between
leach
reten=on
=me
and
recovery.
• 12
hour
boQle
roll
result
provides
the
most
representa=ve
data
to date
reflec=ng
how
the
Korbel
Gold
Deposit
mineralized
material will
perform
in
any
future
heap
leach
mining
opera=on
scenario

Fort
Knox
gold
mine,
Alaska
heap
leach
pad

Estelle
Gold
Project
Alaska

Future Strategy and Objec:ves

==> picture [107 x 62] intentionally omitted <==

**Where

Nova
Is
Going**

Nova
is
currently
permipng
its
next
phase
of explora=on
which
is
expected
to
include:

Up
to
25,000
m
of
core
drilling
focused
on expanding
Resource
Blocks
A
and
B,
and
ini=al drill
tes=ng
of
Targets
C
and
D
in
the
Korbel deposit
area
Ini=al
drill
tes=ng
of
other
high
priority
targets on
the
property
including
the
RPM
and Shoeshine
prospects
Property
scale
compila=on
of
historical explora=on
data,
mapping,
drilling
and
recent Hi-‐resolu=on
airborne
electromagne=c, magne=cs,
and
radiometric
data
Ground
Magne=c,
Induced
Polariza=on
and Resis=vity
surveys
will
be
used
to
further
define the
known
targets
and
guide
future
drilling programs
Phase
2
metallurgical
studies
and comprehensive
ore
sor=ng
study

==> picture [324 x 158] intentionally omitted <==

“Nova
is
confident
that
the
Korbel
deposit
resource
can
be expanded
significantly
and
that
the
deposit
has
the
poten8al to
become
a
low-‐cost
open
pit
opera8on.” .

==> picture [325 x 158] intentionally omitted <==

Nova
Minerals
Limited
-‐
Estelle
Gold
Project

==> picture [107 x 62] intentionally omitted <==

2020 drill Resource Growth & program, Develo ment Pi eline p p

**Priori/sed

systema/c
explora/on
strategy**

==> picture [682 x 232] intentionally omitted <==

----- Start of picture text -----

Milestones
-‐ Resource Drilling & Met Tes/ng Oct-‐19
Nov-‐19
Dec-‐19
Jan-‐20
Feb-‐20
Mar-‐20
Apr-‐20
May-‐20
Jun-‐20
Jul-‐20
Aug-‐20
Sep-‐20
Oct-‐20
Nov-‐20
Dec-‐20
Permipng and Approvals
Project wide big picture review
Prepare and acquire Camp material for delivery onsite
Phase
2
Metallurgical
studies
(column
tes/ng,
ore
sor/ng
phase 1
Mobilize frst drill rig and establish camp
Ini=al
RC
and
Diamond
Drilling
to
commence
at
Korbel
blocks
A and B
-‐ 12,500m
Korbel Blocks A and B resource upgrade size and confdence
Ore sor/ng phase 2 and further Metallurgical studies
Project Pipeline Soil Sampling and Altera=on Mapping
Ongoing
drilling
IP
and
explora=on
ground
works
Oxide
Kobel
Blocks B and C
-‐ 2,000m
Ongoing
drilling
IP
and
explora=on
ground
works
Korbel
South
-‐ 1,000m
Cathedral
-‐ 2,000m
Ongoing
drilling
IP
and
explora=on
ground
works
shoeshine-‐
2,000m
IP
and
explora=on
ground
works
RPM
-‐
4,000m
Explora=on
drilling to follow
Poten/al Maiden Resource Korbel (Blocks C and D)
Poten/al Maiden resource on RPM
Estelle
resource
es/mate
upgrade
across
the
project
area
(Korbel, Korbel South and RPM )
Commence PEA studies on Oxide Korbel
----- End of picture text -----

==> picture [274 x 169] intentionally omitted <==

The
Company’s
ranked
and
priori=sed
systema=c
explora=on
strategy
and ac=vi=es
at
Estelle
are
guided
by
an
explora=on
“Project
Pipeline”
process
to maximise
the
probability
of
mul=ple
major
discoveries.
Each
Milestone
is defined
by
a
specific
deliverable
and
has
each
criteria
needs
to
be
=cked
to determine
which
prospect
must
pass
through
before
moving
to
the
next Milestone.
Economic
criteria
and
probability
of
success
increase
as
projects move
along
the
pipeline.
The
methodology
helps
to
ensure
work
is
carried out
across
all
stages
of
the
process,
cost
are
kept
minimal
and
that
focus
is kept
on
the
best
quality
targets
and
that
the
pipeline
is
kept
full
with
early Milestone
projects.

Estelle
Gold
Project
Alaska

2020 drill and Resource Growth program Pipeline (ASX: 9 December 2019)

==> picture [107 x 62] intentionally omitted <==

Nova
Confirms
Priority
Targets
for
Drilling
at
the
Estelle
Gold
Project
to
increase
Resource Size
and
Confidence

==> picture [605 x 351] intentionally omitted <==

Estelle
Gold
Project
Alaska

RPM Prospect

**RPM

Prospect**

Historical
diamond
drill
hole SE12-‐008
completed
in
2012 was
re-‐sampled
by
Nova
as
part of
the
2019
field
program.
In the
2020
field
season
an aggressive
program
of
follow up
drilling,
prospec=ng, mapping,
and
geophysical surveys
will
be
conducted
to further
define
the
footprint
of the
mineraliza=on.

==> picture [177 x 205] intentionally omitted <==

==> picture [92 x 54] intentionally omitted <==

SE12-008 From(m) To(m) Gradeg/t Width
Intersec=on 4.27 180.78 0.79 177.39
Includes 26.00 146.40 1.02 120.40
Includes 75.19 125.36 1.76 50.17

==> picture [444 x 281] intentionally omitted <==

Ini/al
drill
loca/on
planned
at
RPM

Estelle
Gold
Project
Alaska

Korbel South Prospect (ASX: 03 December 2018)

==> picture [92 x 54] intentionally omitted <==

==> picture [386 x 259] intentionally omitted <==

----- Start of picture text -----

“The
Cathedral”
----- End of picture text -----

Chip
sample
sta=ons 207646-‐207648
in
general
South Korbel
map
area,
illustra=ng metallic
values
across
three,
ten meter
chip
sample
sites
(30
metre). The
average
grade
of
the
sampled area
is
1.17
g/t
gold,
6,230
ppm arsenic,
1.67
g/t
silver,
and
1.40
g/t tellurium.
In
addi=on,
sample 207646
contained
1,295
ppm copper.

==> picture [464 x 193] intentionally omitted <==

Estelle
Gold
Project
Alaska

Estelle land holding increased (ASX: 8 October, 2019)

==> picture [92 x 54] intentionally omitted <==

**Nova

expands
Estelle
Gold
Project
area
by
86%
to
220km2**

==> picture [293 x 399] intentionally omitted <==

Addi=onal
101.65
km2
tenement
secured adjoining
the
current
Estelle
Gold
Project
area
in Tin=na
Gold
Belt,
Alaska
–
This
brings
Nova’s 220km[2] total
landholding
in
the
region
to of
high-‐ quality
prospec=ve
gold
ground.

==> picture [368 x 258] intentionally omitted <==

Estelle
Gold
Project
Alaska

Capital Structure and shareholders

==> picture [92 x 54] intentionally omitted <==

Capitalization	Capitalization
SharePrice	$0.047
12MonthRange	$0.0127$0.071
MarketCap(undiluted)	$48m
IssuedShares	1023.48m
ListedOptions(NVAO)[OPTIONSEXP31/08/[email protected]]	482.74m
Unlistedoptions[EXP19/09/2022@4C]	61m
Unlisitedoptions[EXP28/10/2022@$0.056]	1.5m
Cash	~A$6m

**12

Month
Share
Price
History**

==> picture [286 x 182] intentionally omitted <==

Top holders Share owned Percentage of Shares Issued and Outstanding	Top holders Share owned Percentage of Shares Issued and Outstanding	Top holders Share owned Percentage of Shares Issued and Outstanding
J P MORGAN NOMINEES AUSTRALIA PTY LIMITED	53,119,711	5.70
BNP PARIBAS NOMINEES PTY LTD	33,906,942	3.64
SL INVESTORS PTY LTD	33,551,389	3.60
KUSHKUSH INVESTMENTS PTY LTD	30,303,750	3.25
MR PETER ANDREW PROKSA	24,091,209	2.58
SWIFT GLOBAL LTD	22,021,303	2.36

Estelle
Gold
Project
Alaska

Directors and Management

**Avi

Kimelman**

_Execu>ve

Chairman
&
CEO_

Avi
Kimelman
is
the
managing
director
and
founder
of Carraway
Corporate,
a
corporate
advisory
business.
Avi
has been
a
director
of
a
number
of
publicly
listed
and
unlisted companies
and
during
that
=me,
has
been
involved
in
mining explora=on
and
produc=on,
property
development
and investment,
technology,
educa=on.
Mr
Kimelman
has
directly assisted
companies
raising
many
millions
of
dollars
in
capital, mergers
and
acquisi=ons,
ini=al
public
offerings
and
reverse takeovers
for
various
ASX
listed
companies.
Mr
Kimelman
is currently
MD
and
CEO
of
Nova
Minerals
Limited.
In
Addi=on he
serves
as
Non
Execu=ve
Chairman
of
Cohiba
Minerals Limited
(CHK)

**Louie

Simens**

_Execu>ve

Director_

Louie
Simens
a
decade
of
experience
in
micro-‐cap
equi=es and
start-‐up
inves=ng,
including
experience
in
corporate restructuring,
due
diligence,
and
mergers
and
acquisi=ons. Prior
to
entering
the
junior
resources
sector,
he
owned
and operated
a
successful
civil
and
building
construc=on business,
where
he
gained
extensive
knowledge
of corporate
governance
and
project
management.
Mr
Simens understands
the
fundamental
parameters,
strategic
drivers and
market
requirements
for
growth
within
the
junior resources
sector.

==> picture [92 x 54] intentionally omitted <==

**Christopher

Gerteisen**

_Non–Execu>ve

Director
and
Incoming
CEO_

Mr
Gerteisen
has
over
20
years
of
experience
as
a
professional geologist
with
an
extensive
record
of
managing
and
advancing
complex and
challenging
resource
projects
across
North
America,
Australia,
and Asia.

Most
recently,
through
his
technical
contribu=ons
and management
skills,
played
a
significant
role
in
the
successful
start-‐up, opera=ons,
and
explora=on
which
resulted
in
further
mine-‐life extending
discoveries
at
several
prominent
projects
in
the
Australasian region,
including
Oxiana’s
Sepon
and
PanAust’s
Phu
Bia
in
Laos.
Mr. Gerteisen
holds
a
BSc.
Geology
from
the
University
of
Idaho
and
a
MSc. Economic
Geology
from
the
Western
Australia
School
of
Mines.
He
is
a dual
USA
and
Australia
Ci=zen
based
in
Alaska
and
a
member
of
the Australian
Ins=tute
of
Geoscien=sts.

**Avi

Geller**

_Non–Execu>ve

Director_

Avi
Geller
has
extensive
investment
experience
and
a
deep knowledge
of
corporate
finance,
including
capital
markets,
venture capital,
hybrid,
debt
and
private
equity.
He
served
as
Chief Investment
Officer
of
Leonite
Capital,
a
family
office
he
co-‐founded focusing
on
on
real
estate
and
capital
markets.
Mr.
Geller
also serves
as
a
director
of
the
real
estate
company
Parkit
Enterprise Inc
(TSX-‐V:
PKT
|
OTCQX:
PKTEF)
and
the
events
and
technology company
Dealflow
Financial
Products.
He
previously
served
as chairman
of
Axios
Mobile
Assets.

Estelle
Gold
Project
Alaska

Management

**Dale

Schultz**

_Technical

Lead
/
Chief
Geologist_

Dale
Schultz
has
over
30
years
of
experience
in
the
mining
and explora=on
industry
in
North
and
South
America.
He
has
a M.Sc.
from
the
University
of
Saskatchewan
and
is
a
registered Professional
Geoscien=st
in
the
provinces
of
Manitoba
and Saskatchewan.
Over
the
years,
Mr.
Schultz
has
been
the Qualified
Person
(QP)
for
a
number
of
projects
including
Solex Resources’
Pilunani
and
Macusani
projects
in
Peru,
Channel Resources’
El
Mozo
project
in
Central
Ecuador,
Aurelians’ Bonza-‐Penus
resource
campaign
on
the
Condor
Project
in Central
Ecuador,
Majescors’
Douvray
porphyry
copper-‐gold project
in
Hai=,
and
spent
=me
at
BaQle
Mountains’
Kori
Kollo mine
in
Bolivia.
Mr.
Schultz
also
brings
with
him
invaluable experience
ranging
from
ini=al
explora=on
stages
through
to underground
and
open
pit
mine
produc=on
of
large
gold systems.

**Brian

Youngs**

_Head

of
Explora>on
and
Logis>cs_

Brian
Youngs
heads
explora=on
and
logis=cs
at
Nova.
He
is
a Cer=fied
Technician
with
the
Ontario
Associa=on
of
Cer=fied Engineering
Technicians
and
Technologists
and
a
member
of the
Canadian
Ins=tute
of
Mining,
Metallurgy
and
Petroleum. Mr
Youngs
completed
with
Honours
a
diploma
in
Mining Engineering
Technician
and
post-‐diploma
in
Geographic Informa=on
Systems
(Applica=ons
Specialist
Program).
He
has a
robust
understanding
of
geology,
mineralogy
and
mineral processing
and
was
awarded
for
excellence
in
the
subject
of Geology.

==> picture [92 x 54] intentionally omitted <==

**Michael

Melamed**

CFO

Michael
is
a
chartered
accountant
who
has
worked
in
top
=er accoun=ng
firms
and
banks,
Michael
brings
to
the
Company
over
20 years’
of
extensive
experience
in
accoun=ng,
corporate
advisory, M&A,
Corporate
restructuring
and
acts
as
a
CFO
for
several
listed and
unlisted
en==es.
Michael
brings
to
the
Company
his
extensive network
and
business
opportuni=es.

Since
joining
Nova,
Michael
has
held
several
posi=ons
within
the Finance
func=on.
Michael
has
a
strong
background
in
financial repor=ng,
business
processes,
M&A,
and
investor
rela=ons.
Michael is
a
Member
of
Ins=tute
of
Chartered
Accountants,
Australia
and has
a
-‐
Bachelor
of
Business
(Accoun=ng
&
Finance)
University
of Technology,
Sydney
(UTS).

**Ian

Pamensky**

_Company

Secretary_

Mr
Ian
Pamensky
is
a
Chartered
Accountant
and
member
of
FinSIA, Ian
has
over
22
years
of
experience
working
across
a
wide
range
of industries,
from
audit
and
funds
management
to
mining.
His
large and
diverse
set
of
financial,
commercial
and
company
secretarial skills
has
armed
him
with
the
knowledge
and
desire
to
help businesses
boost
their
success.
No
maQer
what
the
challenge,
how small
the
ques=on,
or
how
complex
the
numbers
Ian
dedicates himself
to
guidance
and
support,
always
with
the
view
to
grow
and keep
growing.

Estelle
Gold
Project
Alaska

Competent Person Statement

==> picture [92 x 54] intentionally omitted <==

P.Geo. Mr Dale
Schultz ,
Principle
of
DjS
Consul=ng,
who
is
Nova
groups
Chief
Geologist and
COO
of
Nova
Minerals
subsidiary
Snow
Lake
Resources
Ltd.,
compiled
the
technical informa=on
in
this
presenta=on
and
is
a
member
of
the
Associa=on
of
Professional Engineers
and
Geoscien=sts
of
Saskatchewan
(APEGS),
which
is
ROPO,
accepted
for
the purpose
of
repor=ng
in
accordance
with
ASX
lis=ng
rules.
Mr
Schultz
has
sufficient experience
relevant
to
the
style
of
mineraliza=on
and
type
of
deposit
under considera=on
and
to
the
ac=vity
which
he
is
undertaking
to
qualify
as
a
Competent Person
as
defined
in
the
2012
edi=on
of
the
‘Australian
Code
for
Repor=ng
of Explora=on
Results,
Mineral
Resources
and
Ore
Reserves’.
Mr
Schultz
consents
to
the inclusion
in
the
report
of
the
maQers
based
on
informa=on
in
the
form
and
context
in which
it
appears.

Estelle
Gold
Project
Alaska

==> picture [365 x 540] intentionally omitted <==

For
More
Informa/on
contact: Email:
[email protected] Website:
www.novaminerals.com.au

AI assistant

Nova Minerals Ltd — Investor Presentation 2020

34115_rns_2020-01-14_ba75c7bf-0f0b-4234-940c-3aa1d9112aab.pdf

Disclaimer and Forward Looking Statement

Estelle Gold Project Loca:on

Regional Se<ng: The Tin:na Gold Belt

**Loca/on

The Estelle Gold District

The Estelle Gold District

**Property

The Estelle Intrusion Related IRGS Deposit Model

**Korbel

Deposit Types: Examples

**Korbel

Vein Types: Mineralogy and Paragenesis

**Korbel

Korbel Deposit Geology

Ground Magnetometer Survey (ASX: 16 and 17 July, 2019)

**Magnetometer

Ground Resis:vity Survey (ASX: 16 and 17 July, 2019)

**Resis/vity

Ground IP/Chargeability Survey (ASX: 16 and 17 July, 2019)

**IP/Chargeability

2019 Drilling Targets

**2019

Korbel Deposit Inferred Resource Es:mate

**Notes

Korbel Deposit 3D Geophysical Modeling

(ASX: 16 and 17 July, 2019 and 11 September, 2019)

Resis/vity

Chargeability

Recoveries

**Table

Future Strategy and Objec:ves

**Where

2020 drill Resource Growth & program, Develo ment Pi eline p p

**Priori/sed

RPM Prospect

**RPM

Korbel South Prospect (ASX: 03 December 2018)

Estelle land holding increased (ASX: 8 October, 2019)

**Nova

Capital Structure and shareholders

**12

Directors and Management

**Avi

_Execu>ve

**Louie

_Execu>ve

**Christopher

_Non–Execu>ve

**Avi

_Non–Execu>ve

Management

**Dale

_Technical

**Brian

_Head

**Michael

CFO

**Ian

_Company

Competent Person Statement

More from Nova Minerals Ltd

Nova Minerals Ltd Investor Presentation 2020