Nova Minerals Limited announced that Mr. Colin Belshaw has resigned as a non-executive director in order to lead the company's newly established in-house technical advisory panel. A mining engineer with over 40 years' experience in copper and gold mines around the world, Mr. Belshaw's year-longboard tenure saw Nova's certified total gold resource estimate almost triple from 3.3 million ounces (Moz) to 9.6Moz,led by significant intersections at the company's Estelle Gold Project. Mr. Belshaw will now combine his vast industry knowledge and deep understanding of the company's portfolio to head the new technical advisory panel which has been set up to provide independent technical, geological, andscientific advice to Nova's board as it navigates ongoing exploration towards first production.

He will be joined on the panel by Nova Chief Geologist Mr. Dale Schultz, who has served the company for the past six years, Mr. Mike Hallewell, a senior metallurgical & minerals processing engineer with 40 years of field experience including tenures at both RTZ and Anglo American, and Mr. Christopher Gerteisen, Nova's CEO, and an experienced geologist himself.