Nova Minerals Secures Final Permits for Alaska Antimony Project, Clearing Path to 2027 Production

(ASX:NVA) Nova Minerals Corp announced it has received final approvals from the Alaska Department of Natural Resources for the Plan of Operations and Reclamation Plan for its Department of War funded Alaska antimony project, completing the permitting process and enabling construction and development activities targeting production in 2027. The company has secured all required permits within approximately three months of submission, clearing the way for Phase 1 of its Alaska antimony development. The permits cover stibnite mining at the Styx and Stibium prospects, ore sorting and processing at the Whiskey Bravo concentration site within the Estelle Project, and downstream processing and refining at Port Mackenzie. Phase 1 is fully funded through a $43.4 million award from the U.S. Department of War to support development of domestic production capacity for military-grade antimony trisulfide. All major long-lead and critical mining and processing equipment has been procured and delivered to project locations. Process plant engineering and metallurgical test work have been completed, establishing a flowsheet designed to produce military-grade antimony trisulfide and standard grade II antimony metal (>99.65% Sb). The final approvals authorize construction and operating activities over an initial three-year term across the project’s integrated development pathway. Nova Minerals CEO, Mr. Christopher Gerteisen, stated that securing the final permits is a major milestone, moving the Alaska antimony project from development planning toward construction and targeted production in 2027. The Estelle Project hosts two defined multi-million-ounce gold resources and more than 20 prospects distributed along a 35-kilometre mineralized trend. The Tintina Gold Belt, where Estelle is located, hosts a >220 million ounce (Moz) documented gold endowment and some of the world’s largest gold mines and discoveries, including Kinross Gold Corporation’s Fort Knox Gold Mine. Nova is advancing its critical minerals strategy, fully-funded by the $43.4 million U.S. Department of War award, to develop a domestic antimony supply chain targeted for production in 2027. The company is now focused on advancing construction and executing its development schedule.

Nova Minerals Progresses to Antimony Processing Plant Construction as 2026 Estelle Field Season Concludes

(ASX:NVA) Nova Minerals Corp announced that all key plant equipment for its planned antimony processing and refinery operation arrived at Port MacKenzie, Alaska, on October 6, 2026. The equipment delivery included two ball mills, a jaw crusher, apron feeder, hydraulic filter presses, and other ancillary equipment required for the antimony recovery process. This follows a previous 500-ton shipment of processing and refining equipment that arrived at Port MacKenzie on September 6, 2026. The arrival of the final major pieces of equipment enables construction of the processing and refinery facility to begin in the coming weeks, subject to receipt of the remaining permits. The project is supported by a $43.4 million award from the U.S. Department of War (DoW). Early earthworks are underway at Port MacKenzie, with construction of the antimony processing and refinery facility to commence following receipt of final permits. Nova sourced modern processing and milling equipment from a recently decommissioned site in North America to accelerate construction and deliver meaningful cost savings, with first antimony expected in 2027. The facility is designed to process stibnite-bearing material and initially produce antimony metal and military grade trisulfide as part of the U.S. DoW project. The modular design provides flexibility to scale operations and respond to evolving market requirements, including building an integrated domestic antimony supply chain within the United States. At the Estelle Critical Minerals and Gold Project, the 2026 field season has concluded, with an extensive ~8,000m diamond drilling program completed at Estelle, focusing on infill and resource expansion at the RPM gold deposit to advance the Pre-Feasibility Study (PFS). Three diamond core rigs operated around the clock, seven days a week, between June and September. At RPM, approximately 4,200m of drilling was completed at the deposit, with an additional 1,500m of near-deposit expansion targets drilled along the ridgeline north of RPM North. At the Stibium antimony-gold prospect, approximately 800m of targeted drilling was completed, and at Styx, approximately 500m was drilled over two holes. At Train, two holes totaling approximately 475m were drilled, with high-grade surface samples returning up to 128 g/t Au. At Stoney, one 415m drill hole was completed targeting the Massive Au-Ag-Cu-Sb bearing Stoney Vein. In parallel, the company extracted 100 tons of antimony ore to provide initial feed material for downstream processing and refining at the Port MacKenzie plant once construction is completed. Construction continues on key infrastructure projects at Estelle, including the Korbel-Stibium access road and Whiskey Bravo airstrip expansion. The Whiskey Bravo airstrip expansion will allow increased freight size and payload capacity from the current 7,000lbs (DC-3) to 42,000lbs (C-130). The proposed RPM road alignment has been established with initial environmental baseline studies completed in preparation for permitting application. Steel fabrication and site preparation are ongoing at the Whiskey Bravo crushing and ore sorting facility at the Estelle camp. Estelle hosts two defined multi-million-ounce gold resources and more than 20 prospects distributed along a 35-kilometre mineralized trend in the Tintina Gold Belt, a province which hosts a >220 million ounce (Moz) documented gold endowment. Nova Minerals CEO, Mr. Christopher Gerteisen, stated that the equipment delivery brings the company closer to establishing a secure, vertically integrated antimony supply chain for the United States domestic market. The U.S. Department of War has designated antimony as a strategic priority for national and economic security. Samples and drill core from the 2026 field program have been prepared and shipped for analysis, with initial assay results expected in due course.

Invitation to Nova’s Investor Update Webinar

(ASX:NVA) Nova Minerals Corp has announced an upcoming Investor Webinar to provide an update on its Estelle Gold and Critical Minerals Project in Alaska and its antimony supply chain initiatives. The webinar will be hosted by RedChip Companies and will feature a presentation by Chief Executive Officer Christopher Gerteisen, who will discuss the company's recent progress in developing antimony processing and refining capabilities at Port MacKenzie. Nova Minerals has received a US $43.4 million award from the U.S. Department of War to fund the establishment of a secure, integrated domestic antimony supply chain. The Estelle Project is described as one of North America's largest undeveloped gold assets, with a multi-million-ounce resource and significant growth potential. The project hosts two defined multi-million-ounce gold resources and more than 20 prospects along a 35-kilometre mineralized trend in the Tintina Gold Belt, a province with a documented gold endowment of over 220 million ounces. The Investor Webinar is scheduled for 4.15 pm US EDT on Wednesday, October 7, 2026, and 7.15 am Australian AEDT on Thursday, October 8, 2026. Registration for the free webinar is available online, and questions can be submitted in advance. An archived webcast will be made available on the company's website and YouTube channel. Nova Minerals is advancing its critical minerals strategy in parallel with its gold exploration and development activities. The antimony supply chain project is targeted for production in 2027. Further discussion and analysis of the Estelle Project are available through interactive Vrify 3D animations, presentations, and videos on the company's website.

Nova Minerals Highlights Strategic Alignment with U.S. Defense Supply Chain Priorities Under White House Executive Order

(ASX:NVA) Nova Minerals Corp announced that it was awarded a US$43.4 million Defense Production Act Title III award by the U.S. Department of War in October 2025 to support the development of an antimony mine at its Estelle Gold and Critical Minerals Project and a downstream refinery at Port MacKenzie, both located in Alaska. The company is currently developing a modern, fully integrated and secure U.S. domestic antimony supply chain spanning mining through to refining in Alaska, with first antimony production from its pilot plant targeted for 2027. Engineering and design for the Port MacKenzie pilot plant facility have been completed, and process plant equipment procurement is underway, with key components delivered or in transit and construction expected to commence in the coming months. Estelle hosts two defined multi-million-ounce gold resources and more than 20 prospects distributed along a 35-kilometre mineralized trend in the Tintina Gold Belt, a province which hosts a >220 million ounce (Moz) documented gold endowment. The Executive Order signed by U.S. President Donald J. Trump on July 20, 2026, reinforces the U.S. Government's commitment to resilient domestic and allied critical mineral supply chains for defence. The company projects first antimony production from its pilot plant in 2027 and aims to provide defense contractors with access to compliant military-grade antimony products. Nova Minerals is advancing one of the world’s largest undeveloped gold deposits into production and securing a US domestic supply of the critical mineral antimony.

Nova Minerals Announces it has Completed the Engineering and Design of its Antimony Pilot Plant

(ASX: NVA) Nova Minerals Corp announced the completion of engineering and design for its Estelle antimony pilot processing plant in Alaska. The engineering and design covers the Whiskey Bravo front-end processing site, Port MacKenzie beneficiation plant, Port MacKenzie refinery, and supporting infrastructure. The pilot plant is engineered to meet U.S. Department of War military-grade quality specifications using a proprietary cleaner hydrometallurgical processing method. Over 40 containers of major equipment packages are currently en route to Port MacKenzie for delivery in the coming weeks. Nova Minerals is advancing its critical minerals strategy, fully-funded by a US$43.4 million U.S. Department of War award to develop a domestic antimony supply chain, targeted for production in late 2026/2027. The project has capitalized on a unique opportunity to acquire key equipment from a recently decommissioned, modern beneficiation circuit with a limited operating history from a North American processing facility. The Estelle Project hosts two defined multi-million-ounce gold resources and more than 20 prospects distributed along a 35-kilometre mineralized trend.

Nova Minerals Announces Korbel Floatation Test-work Produces High-Grade Gold Concentrate up to 26.7 g/t Au with Consistent Recoveries Exceeding 95%

(ASX:NVA) Nova Minerals Corp reported results from bench-scale rougher flotation testing on low-grade Korbel ore as part of a Feasibility Study level metallurgical test-work program. The flotation tests achieved >95% gold recovery from low-grade Korbel ore (0.39–0.42 g/t Au) at a grind size of 250 µm or finer, producing a high-grade concentrate of 14.7–26.7 g/t Au and a low-mass pull of only 2-3%. The S-K 1300 compliant pit constrained Korbel resource is 425 Mt @ 0.3 g/t Au (4.05 Moz Au) as of January 31, 2024, with 5.2 Moz total Estelle resources (4.4 Moz attributable to Nova Minerals). The company received a US$43.4 million U.S. Department of War award to develop a domestic antimony supply chain, targeted for production in late 2026/2027. Ongoing PFS optimization includes further Korbel CIL test-work and coarse particle flotation studies to refine the flowsheet and optimize project economics. The company projects that application of coarse particle flotation could materially reduce both capital and operating costs, simplify the flowsheet, and enhance project economics. Metallurgical test work is continuing to evaluate even coarser particle sizes for further improvements.

Nova Minerals Announces U.S. Redomicile is Complete and Provides a Project Update

(ASX: NVA) Nova Minerals Corp has successfully completed its redomicile to the United States, with its common stock and listed warrants now trading on the NYSE American under the ticker symbols “NVA” and “NVAWS”, and Chess Depositary Interests (CDIs) trading on the ASX under the ticker symbol “NVA”. The company commenced antimony drilling at the Stibium antimony-gold prospect in early June and gold drilling on 17 June at the northern end of the main RPM ridge. A nearly 2,000 line-mile Z-Axis Tipper Electromagnetic (ZTEM) airborne geophysical survey was recently completed across the Company's entire claim block. Nova Minerals has increased its investment in Amara Minerals, participating in a A$500,000 share placement at A$0.005 per share and receiving listed options (1:2, A$0.008 exercise price, expiring 1 May 2029). The company continues to execute on the Department of Defense-funded antimony project, supported by US$43.4 million in funding, with procurement of key mining and processing equipment now complete. The company projects antimony ore extraction and process plant construction to commence this year and targets production in late 2026/2027.