Looks good and healthy HIGHLIGHTSGlobal Resource at Korbel Main...

Looks good and healthy

HIGHLIGHTS
Global Resource at Korbel Main Grows to 4.7Moz Gold
Positive Metallurgical Results Further Defines Flowsheet
Thompson Brothers Lithium Project Resource Upgrade
Significant Early Results at Korbel Main South East Zone
Drill Rig Mobilised at RPM
Significant Results Continue at Korbel Main
Significant Mineralisation Observed at RPM
Nova Commissions Prep Lab at The Estelle Gold Project

In addition to ongoing infill and step-out drilling in the SE of Korbel, Nova also conducted drilling in the NW portion of Korbel,
and with the objective of increasing the existing 4.7Moz resource in both size and confidence

Metallurgical results obtained in May 2021 from Bureau Veritas have demonstrated gold
recoveries of up to 95.4%. Utilising XRT Sorting technology, the Company had the capacity to
upgrade a 588kg coarse rock sample by up to 10 times.

Results from the ongoing 2021 RPM drilling program will begin to be returned in the coming quarter.

Focus for Remainder of 2021
Drilling and Exploration on track with the goal of delineating Resources by late 2021;
o Updated Resource for Korbel Main
o Maiden Resource for RPM
Complete planned 50,000m drill program
Fifth drill expected onsite in coming weeks to ramp up both Korbel and RPM drilling
Geological reconnaissance crew to commence field work to unlock further targets within the
Estelle Gold District
Assay results pending for over 10,000m of drilling from both Korbel Main and RPM
Scoping study to outlining OPEX and Capex for the Korbel Main deposit, as part of Nova’s
entry into its project development phase, to included extensive process and metallurgical
testing as well as pit optimisation

Metallurgical and field assessment work will continue in line with PFS commencement,
which is due in late 2021
Environmental studies ongoing
Snow Lake Resource spin off update due shortly
Rotor X to advance through next stage of its growth phase