展示文件99.1

Nova 礦物公司在其Estelle黃金-銻項目的RPm礦牀表面鑽取了3900萬噸@5.4克/噸的黃金。阿拉斯加

阿拉斯加州安克雷奇，2024年10月16日 - Nova Minerals有限公司 （nova或公司） (納斯達克：nva)（ASX：NVA）（FRA：QM3） 高興地宣佈，來自2024年RPm初始礦坑區域的21個鑽孔逆循環（RC）鑽探計劃的另外7個鑽孔獲得了更多高品位的厚型攔截截面結果，位於阿拉斯加鈿金帶內面積超過500平方公里的旗艦Estelle黃金項目。這項淺層鑽探計劃的重點是支持當前進行中的RPm初始礦場可行性研究（FS），針對深度不超過50米的近地表礦化。

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RPMRC-24012

nova 礦業首席執行官Christopher Gerteisen先生髮表了評論： 我們持續獲得大面積高品位礦化截獲，這對即將到來的資源更新和以RPm爲重點的PFS非常有利，因爲它是一個可以通過現金流實現未來擴張計劃的可擴展低資本支出/高利潤項目。

更多 2024年鑽探結果仍在等待中，一旦所有結果出來，我們將開始進行資源更新工作。我們期待在前往Estelle黃金和關鍵礦產區域內的RPm項目實現生產和早期現金流的過程中，向所有利益相關者更新這些方面的進展。

RPM 鑽探討論

根據2024年鑽井計劃，總共在RPm進行了21個RC孔的鑽探，目前已經收到了15個孔的化驗結果，在本公告中報告了7個孔，而在2024年10月9日的公告中報告了8個孔。鑽探重點放在近地表礦化物<5000萬深度，並有兩個主要目標。

這些最新的結果繼續證明了現有RPm North資源區域厚層高品位黃金礦化 (+2g/t) 的區域，確認了高品位富礦核心區的連續性，並表明了現有資源的潛在重大擴展。代表性的橫截面 (圖2、3和4) 清楚地展示了最新的鑽孔在當前資源等級殼體之外與礦化的向上和向下延伸連續性。這有潛力在即將到來的MRE更新中顯著擴大資源。

地質觀測還表明，礦化侵入單元呈陡傾斜的漏斗狀體，朝向地表擴展，使得在靠近地表處保留了相當大的上傾潛力。

In the central core zone where the intrusive unit is thick and continuous the deposit remains wide open with further significant resource upside potential, up-dip, down-dip, and throughout the intrusive, particularly to the South which remains largely untested by drilling.

The majority of the holes drilled in 2024 were collared in granodiorite intrusive rocks, the primary host of mineralization at RPM. The granodiorite-hornfels contact was intercepted to the north from Pad 24-1 and to the south from Pad 23-1 where gold mineralization is encountered in both the intrusive and the hornfels. The drillhole intersections as well as observed outcrop between these two drill pads consist entirely of granodiorite crosscut by quartz-tourmaline-sulfide veins, with massive quartz zones of over 1-m thick hosting samples up to 291 g/t Au. The holes announced in this release covered southeast (145) to southwest (250) azimuths and were comprised entirely of the mineralized granodiorite intrusive with the exception of the bottom 15 meters of hole RPMRC-016 which ended in mineralized hornfels.

Figure 1. RPM North plan view with all drill holes to date

Figure 2. RPM North Section A-A’_250azi showing continuity of mineralization

Figure 3. RPM North Section B-B’_220azi showing continuity of mineralization

Figure 4. RPM North Section C-C’_145azi showing continuity of mineralization

Table 1. Significant intercepts*

Table 2. Drill hole details

Qualified Persons

Vannu Khounphakdee, Professional Geologist and member of Australian Institute of Geoscientists contracted by Nova Minerals to provide geologic consulting services. Mr. Khounphakdee holds a Master of Science in Mine Geology and Engineering. He is a qualified person with at least 5 years experience with this type of project. By reason of education, affiliation with a professional association, and past relevant work experience, Mr. Khounphakdee fulfills the requirements of Qualified Person (QP) for the purposes of SEC Regulation SK-1300 for data QA/QC checks relevant to this announcement.

Hans Hoffman is a State of Alaska Certified Professional Geologist contracted by Nova Minerals to provide geologic consulting services. Mr. Hoffman is a member of the American Institute of Professional Geologists and holds a Bachelor of Science degree in Geological Engineering with a double major in Geology and Geophysics. He is a qualified person with at least 5 years of experience with these types of projects. By reason of education, affiliation with a professional association, and past relevant work experience, Mr. Hoffman fulfills the requirements of Qualified Person (QP) for the purposes of SEC Regulation SK-1300 for the technical information presented in this announcement.

Christopher Gerteisen, Chief Executive Officer of Nova Minerals, is a Professional Geologist and member of Australian Institute of Geoscientists, and has supervised the preparation of this news release and has reviewed and approved the scientific and technical information contained herein. Mr. Gerteisen is a “qualified person” for the purposes of SEC Regulation S-K 1300.

Data Verification

For the 2024 reverse circulation drilling program, 1.52m chip samples were riffle split (dry) to obtain 3-5 kg samples at the drill site, these samples were crushed to achieve >90% passing a 2mm sieve and split down to 225 g to 275 g samples at Nova’s on-site prep facility. Samples were then sent to ALS Fairbanks for additional prep and chemical analysis. Field duplicates (RC) for recent data were collected every 1 in 20 samples at the same time using the same method (riffle split) as the parent sample. Blank material was inserted 1 in 40 samples. Standard Reference Material (SRM) was inserted 1 in 20 samples. Three different SRMs at three different grades levels were used.

ALS is a certified commercial laboratory and is independent of Nova Minerals. Gold analyses were completed by Au-ICP21 which is gold by fire assay and ICP-AES. For overlimits greater than 10 g/t Au analyses were completed by fire assay and gravimetric finish.

About Nova Minerals Limited

Nova Minerals Limited is a Gold, Antimony and Critical Minerals exploration and development company focused on advancing the Estelle Project, comprised of 514 km² of State of Alaska mining claims, which contains multiple mining complexes across a 35 km long mineralized corridor of over 20 advanced Gold and Antimony prospects, including two already defined multi-million ounce resources, and several drill ready Antimony prospects with massive outcropping stibnite vein systems observed at surface. The 85% owned project is located 150 km northwest of Anchorage, Alaska, USA, in the prolific Tintina Gold Belt, a province which hosts a >220 million ounce (Moz) documented gold endowment and some of the world’s largest gold mines and discoveries including, Barrick’s Donlin Creek Gold Project and Kinross Gold Corporation’s Fort Knox Gold Mine. The belt also hosts significant Antimony deposits and was a historical North American Antimony producer.

Further discussion and analysis of the Estelle Gold Project is available through the interactive Vrify 3D animations (which will be updated for the new drill data once the assays for all holes have been received back), presentations, and videos, all available on the Company’s website. www.novaminerals.com.au

Forward Looking Statements

This press release contains “forward-looking statements” that are subject to substantial risks and uncertainties. All statements, other than statements of historical fact, contained in this press release are forward-looking statements. Forward-looking statements contained in this press release may be identified by the use of words such as “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.

For Additional Information Please Contact

Craig Bentley

Director of Finance & Compliance & Investor Relations

E: craig@novaminerals.com.au

M: +61 414 714 196