Copy of English translation for anyone interested.Nova Minerals...

Copy of English translation for anyone interested.

Nova Minerals underrated pearl is more valuable than market realises

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Nova Minerals Ltd.

February 11, 2022

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Batteries Lithium Lithium Price Lithium Stocks Electromobility Precious Metals Nova Minerals Snow Lake Resources Holding

The Nasdaq welcomes Snow Lake Lithium; Source: Nasdaq

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Snow Lake Resources is currently the principal holding of Nova Minerals Limited ( ASX:NVA, FSE:QM3 ) . Lithium explorer, which went public last fall, is in the spotlight in New York this week, as Snow Lake Resources is set to glow brightly atop the NASDAQ tower in TimesSquare in New York on Thursday. At the same time, a company representative has the honor of ringing the closing bell on NASDAQ that day.

Refocusing investors' attention on the developer of an interesting lithium project is quite appropriate, because since the fall, investor interest, not just in Snow Lake Resources but in the lithium sector as a whole, has cooled off significantly. One gets the impression that the world's move towards electromobility has been postponed to an indefinite day in the future.

A higher rather than a slower pace is appropriate, because a new study, which uses satellite images to determine the size of glaciers, had to report this week that glaciers worldwide are probably shrinking even faster than previously thought.

Nova Minerals is already well positioned for the next lithium boom

It is possible that the movement towards CO2-free energy production will be stopped. However, this assumption is currently not very realistic. Much closer to reality is the danger that numerous lithium projects cannot be developed because the political resistance is too great.

At this point, the eyes of investors are particularly often directed towards Chile. Because since **riel Boric took over the presidency in December, things have become tight for many lithium projects in the Andean country because they could be deprived of access to groundwater. Without this, however, the white gold of the 21st century cannot be mined.

Chile is a very important location for lithium as a raw material for two reasons: The largest lithium deposits are in the so-called lithium triangle in the border region between Bolivia, Chile and Argentina. In addition, Chile is already one of the world's largest lithium producers.

Political risk is becoming more and more important

Many of these lithium projects in the Andes are now at risk. However, this will not reduce the demand for lithium. It is therefore to be expected that in the future the market will focus even more strongly than it already does on those deposits that are not only located in politically stable regions of the world, but are also free from local conflicts.

For Snow Lake Resources these conditions are given. Its 8,783 hectare Thompson Brothers lithium project in the US state of Manitoba is currently only about three percent explored. However, a resource of 11.1 million tons of rock with a share of one percent Li2O could already be proven on this three percent. It is large enough to operate a mine with an eight to ten year mine life, which, according to current calculations, could produce 160,000 tons of lithium concentrate per year.

Direct access to the US market and the American automotive industry

This lithium not only has direct access to the important US market, but also to the American automotive industry through the management of Snow Lake Resources. It is unlikely that Ford, Chrysler and co. will rely on unsafe lithium supplies from abroad when domestic lithium from a conflict-free region in the US is available as an alternative.

The stock market is currently not only ignoring these dangers, but also the medium and long-term consequences that may arise from them. The price of Snow Lake Resources has therefore taken a rather disappointing development since its IPO. That's not a cause for concern for Nova Minerals, however.

The Thompson Brothers project is known to be in good hands with current management, and Nova Minerals leadership can tell on the fingers of one hand what will happen if the market realizes that existing lithium is not necessarily mineable lithium means and starts to react to it.

Sooner or later the market's ignorance will give way to a reassessment

Nova Minerals' stake in Snow Lake Resources is therefore anything but a falling star, even if its share price seems to give that impression. Rather, it is an interesting bet on a commodity that will be unavoidable in the years to come. And at the same time it is a commitment to the fact that, in the end, secure supply contracts will take precedence over insecure ones.

Nova Minerals recognized these opportunities early on and therefore secured a majority stake in Snow Lake Resources. Sooner or later, the market will recognize this, yes, it will have to recognize it. If not in the short term, then a little later.

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Background: Nova Minerals Ltd. (ASX:NVA, FSE:QM3) is an Australian and Germany listed gold exploration company. The Company's flagship property is the 220 km2 Estelle Gold Project in Alaska. It currently has a resource of 9.6 million ounces of gold at the Korbel and RPM deposits. In 2021, the Stoney Prospect was examined more intensively for the first time. Here, too, soil samples taken indicate significant gold mineralization over a length of 4 kilometers and a width of 300 meters. If these initial successes are confirmed in the coming months, Nova Minerals will enter 2022 with three deposits, each with gold mine potential. While Nova itself speaks of the Estelle Gold Project, investors should keep in mind that

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