Korbel Float Tests Yield 26.7g/t Au at greater 95% Recovery

• Korbel ore yielded up to 26.7 g/t Au with over 95% recovery
• Flotation tests reduced mass pull to 2-3% of total volume
• Potential to significantly reduce capital and operating costs

Nova Minerals Corp. has reported successful bench-scale rougher flotation testing on low-grade Korbel ore as part of its Pre-Feasibility Study (PFS). The tests demonstrated that Korbel ore is highly amenable to coarse particle flotation, producing a high-grade concentrate of up to 26.7 g/t Au with over 95% recovery at a coarser-than-conventional grind size. This method is expected to reduce both capital and operating costs while maintaining strong gold recovery. The company is further optimizing the process to refine the flowsheet and enhance project economics.

Nova Minerals expects to reduce processing and capital costs through coarse particle flotation.

Nova Minerals anticipates that the application of coarse particle flotation will enhance project economics and improve gold recovery.