Nova Minerals Limited ("Nova" or the "Company") (NASDAQ:NVA) (ASX: NVA) (FRA: QM3) ) is pleased to provide an update on its planned 2026 field season and antimony development activities, as the Company advances its flagship Estelle Gold and Critical Minerals Project toward the Feasibility Study (FS) stage. Pilot-scale antimony production remains on schedule for late 2026 to early 2027, with military-grade antimony trisulfide samples now nearing completion.

Highlights

  • Team mobilized for one of the largest field and development programs to date, focused on resource definition drilling at the RPM deposit to advance the Feasibility Study (FS), progressing the Stibium and Styx antimony prospects towards antimony production and resource delineation, and streamlining permitting activities.
  • 2026 programs are fully funded, with over US$60 million available through cash and Department of War (DoW) award funding, providing optionality to accelerate activities as required.
  • Extensive drilling program up to 10,000 meters focused on high-priority infill and expansion targets at RPM, alongside advancement of antimony prospects, to commence in the coming weeks.
  • The Company's first lab-scale antimony metal and military-grade antimony trisulfide samples derived from Estelle ore are in the final stages of preparation with assay results expected shortly.
  • Critical mining and processing equipment delivered to site, with procurement of the Port Mackenzie downstream antimony process and refinery equipment advancing with delivery expected in the coming months.
  • Project optimization and Pre-Feasibility studies are advancing in parallel with expanded environmental and geoscience programs supporting future permitting and regulatory assessments.
  • Extensive multi-element surface exploration program planned across the Estelle Project, comprising reconnaissance and prospect scale sampling, excavation of outcropping Stibnite (antimony) ore vein material, detailed mapping of key target areas including RPM, West Wing, and Stibium, and soil grid surveys across numerous targets.