Nova Minerals Limited announced further major high-grade gold Intersections at RPM and the potential for a second mining center in the southern area, of the Company's Estelle Gold Trend, located in the prolific Tintina Gold Belt in Alaska. RPM North Drill Results + Exceptional, broad high-grade gold intersections continue at RPM North and mineralization remains open. Significant results at 0.3 g/t cutoff grade include: o RPM-030 76m @ 1.8 g/t Au from 95m including; 70m @ 2.0 g/t Au from 95m 21m @ 4.5 g/t Au from 143 (RPM-030 upper intercept returned an overall average grade of 1.1 g/t Au over 143m from 37m within the RPM North mineralized zone at 0.1g/t cutoff) And 31m @ 1.6 g/t Au from 203m including; 27m @ 1.8.g/t Au from 206m 9m @ 3.4 g/t Au from 206m (RPM-030 lower intercept returned an overall average grade of 1.0 g/t Au over 55m from 203m within the RPM North mineralized zone at 0.1g/t cutoff) o RPM-035 111m @ 1.6 g/t Au from 93m including; 67m @ 2.2 g/t Au from 93m 24m @ 4.7 g/t Au from 109m 18m @ 6.0 g/t Au from 112m (RPM-035 returned an overall average grade of 0.9 g/t Au over 237m from 5m within the RPM North mineralized zone at 0.1 g/t cutoff) o RPM-036 74m @ 0.8 g/t Au from 111m including; 18m @ 1.2 g/t Au from 133m 19m @ 1.0 g/t Au from 166m (RPM-036 returned an overall average grade of 0.5 g/t Au over 163m from 35m within the RPM North mineralized zone at 0.1 g/t cutoff) o RPM-037 98m @ 1.7 g/t Au from 41m including; 40m @ 3.7 g/t Au from 81m 12m @ 9.5 g/t Au from 93m (RPM-037 upper intrusive returned an overall average grade of 1.2 g/t Au over 152m from 35m within the RPM North mineralized zone at 0.1g/t cutoff) 103m @ 1.0 g/t Au from 325m including; 30m @ 1.9 g/t Au from 325m 21m @ 2.5 g/t Au from 325m and 79m @ 1.0g/t Au from 471m including; 30m @ 2.0 g/t Au from 501m (RPM-037 lower intrusive returned an overall average grade of 0.7g/t Au over 268m from 282m within the RPM North mineralized zone at 0.1g/t cutoff) Maiden drilling at RPM South has delivered gold grades and widths similar to the initial discovery holes at RPM North.

Geological observations from RPM South also indicate that the system is genetically linked to RPM North, and mineralization remains open. Significant results at 0.3g/t cutoff grade include: o RPM-013 101m @ 0.7 g/t Au from 3m including; 18m @ 1.0 g/t Au from 35m (RPM-013 returned an overall average grade of 0.6 g/t Au over 125m from 3m within the RPM South mineralized zone at 0.1 g/t cutoff) o RPM-019 259m @ 0.6 g/t Au from 5m including; 39m @ 1.0 g/t Au from 9m 38m @ 1.0 g/t Au from 130m (RPM-019 returned an overall average grade of 0.5 g/t Au over 344m from 5m within the RPM South mineralized zone at 0.1 g/t cutoff) o RPM-026 309m @ 0.5 g/t Au from 7m including; 40m @ 0.8 g/t Au from 252m (RPM-026 returned an overall average grade of 0.5 g/t Au over 373m from 7m within the RPM South mineralized zone at 0.1 g/t cutoff) o RPM-028 131m @ 0.6 g/t Au from 8m including; 52m @ 0.7 g/t Au from 8m 13m @ 1.4 g/t Au from 8m (RPM-028 returned an overall average grade of 0.3 g/t Au over 352m from 8m within the RPM South mineralized zone at 0.1 g/t cutoff) o RPM-029 15m @ 1.2 g/t Au from 5m including; 18m @ 2.0 g/t Au from 188m (RPM-029 returned an overall average grade of 0.6 g/t Au over 250m from 5m within the RPM South mineralized zone at 0.1 g/t cutoff) o RPM-032 125m @ 0.6 g/t Au from 27m including; 37m @ 1.0 g/t Au from 27m (RPM-032 returned an overall average grade of 0.5 g/t Au over 220m from 11m within the RPM South mineralized zone at 0.1 g/t cutoff) o RPM-034 143m @ 0.5 g/t Au from 9m including; 21m @ 0.7 g/t Au from 12m (RPM-034 returned an overall average grade of 0.4 g/t Au over 260m from 7m within the RPM South mineralized zone at 0.1 g/t cutoff) The 2022 infill and extensional resource drilling programs at both RPM North and RPM South are complete and pending an upgraded Mineral Resource Estimate and oriented core structural studies. The latest results continue to prove up and increase the size of the broad zone of high-grade gold mineralization (+2 g/t) within the RPM area which includes previous significant drill results of: + RPM-005 400m @ 3.5 g/t Au (1,400 gram meters), including 132m @ 10.1 g/t Au (ASX Announcement: 11 October 2021) + RPM-0015 258m @ 5.1 g/t Au (1,316 gram meters), including 78m @ 16.0 g/t Au (ASX Announcement: 11 October 2021) and; + RPM-008 260m @ 3.6 g/t Au (936 gram meters), including 140m @ 6.5 g/t Au (ASX Announcement: 8 August 2022) The drilling also continues to provide high quality geological data that is being collated and interpreted to provide greater deposit knowledge.

The nature and geometry of the intrusive units, and interplay with structures, are key to controls on gold mineralization. These geological and interpretative insights are invaluable in developing further targets for the systematic exploration programs within the RPM area, as well as across the greater Estelle Gold Trend. Infill and step-out holes were completed to prove up and increase the resource and further test the extent of high-grade mineralization around hole RPM-005 (ASX Announcement: 11 October 2021 ¡ 400m @ 3.5 g/t Au, including 132m @ 10.1 g/t Au) and RPM-008 (ASX Announcement: 8 August 2022 ¡ 260m @ 3.6 g/t Au, including 140m @ 6.5 g/t Au).

The results confirm strong continuity of the high-grade zone which remains wide open. Additionally, recently drilled deeper holes have now also intersected a second much larger mineralized intrusive at RPM North, with structural data collected from oriented drill core confirming a genetic geological connection to RPM South. With over 600m of strike length between the RPM North and RPM South zones, and the potential for additional super high- grade bonanza zones to be targeted in upcoming drill programs, significant further resource upside remains with the RPM area.