• Broad gold anomaly identified at Portage Pass, comparable to multi-million ounce Korbel deposit
• Strong potential for valley-scale extension similar to Korbel discovery
• Anomaly supported by high-grade rock and soil samples

Nova Minerals has announced the results of its 2025 surface sampling program at the Estelle Gold and Critical Minerals Project in Alaska, which has outlined a potentially significant new gold anomaly at Portage Pass. The anomaly is located just over the ridge from the established Korbel deposit and shows a geochemical signature comparable to the multi-million ounce Korbel deposit. The sampling program identified a broad zone of gold mineralization along the ridgelines above the Portage Creek valley floor, with seven rock samples grading over 2 g/t Au, including a high of 14.3 g/t Au, and 10 soil samples grading over 0.5 g/t Au with a peak of 1.8 g/t Au. The company believes there is strong potential for a valley-scale extension analogous to the exploration pathway that led to the Korbel discovery. A follow-up soil sampling program and IP geophysical survey are planned for 2026 to further delineate the anomaly.

Nova Minerals plans to undertake a 2026 soil sampling program and follow-up IP geophysical survey at Portage Pass to further evaluate the new gold anomaly identified through the 2025 surface sampling program.