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

globenewswire.com
NVA The company announced the successful completion of its US redomicile and provided a positive project update. Key highlights include progress on the Department of Defense-funded antimony project with significant funding, completion of equipment procurement, and on-schedule plant construction. Exploration activities are ramping up with multiple drill rigs focused on expanding gold and antimony resources, supported by a recent geophysical survey. The CEO expressed optimism about advancing towards production and creating long-term shareholder value.

Nova Minerals Announces U.S. Redomicile is Complete and Provides a Project Update Anchorage, Alaska, June 22, 2026 (GLOBE NEWSWIRE) -- Nova Minerals Corp (“Nova Minerals” or the “Company”) (NYSE American: NVA | ASX: NVA) is pleased to announce that its redomicile to the United States has been successfully completed and to provide an update on its 2026 field season, with exploration and development activities now well underway.

Highlights

Nova Minerals CEO, Mr. Christopher Gerteisen, commented:

“"I am pleased to announce that our 2026 field season is now underway and continuing to ramp up, with up to four drill rigs focused on expanding our gold and antimony resources. 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. Antimony ore extraction and process plant construction remain on schedule to commence this year.

In parallel, we have successfully completed a ZTEM geophysical survey, which will significantly enhance our targeting capabilities and support our generative exploration programs. These programs are now underway with the objective of making new discoveries and advancing more than 20 existing prospects across the Estelle Gold and Critical Minerals Project, which spans over 200 square miles.

These exciting operational milestones, combined with the successful completion of our U.S. redomicile, represent a transformational period for Nova Minerals as we continue to advance rapidly toward antimony and gold production. We are building momentum on multiple fronts and remain focused on creating long-term value for our shareholders while strengthening America's domestic supply of critical minerals and precious metals."

Figure 1. Drill on RPM ridge line

Figure 2. Crusher screener plant assembly in process at Whiskey Bravo site.

Figure 3. Drilling commenced on the ridge at the Stibium antimony-gold prospect

About Nova Minerals Corp

Nova Minerals Corp is advancing one of the world’s largest undeveloped gold deposits into production and securing a US domestic supply of the critical mineral antimony. The Company is focused on the exploration and development of the Estelle Gold and Critical Minerals Project, located in Alaska, a tier-one mining jurisdiction.

Estelle hosts two defined multi-million-ounce gold resources, and more than 20 prospects distributed along a 35-kilometre mineralized trend, 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, Kinross Gold Corporation's Fort Knox Gold Mine. In parallel, Nova 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.

Further discussion and analysis of the Estelle Project is available through the interactive Vrify 3D animations, presentations, and videos, all available on the Company’s website www.novamineralscorp.com.

Forward Looking Statements

This press release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act, and Section 21E of the Exchange Act which are subject to the “safe harbor” created by those sections. All statements, other than statements of historical fact, contained in this press release are forward-looking statements and that are subject to substantial risks and uncertainties. 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 Corp’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. Forward-looking statements contained in this announcement are made as of this date, and Nova Minerals Corp undertakes no duty to update such information except as required under applicable law.

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