Nova Minerals Limited - Interim Report for the half-year ended December 31, 2025

Nova Minerals Limited reported significant progress for the half-year ended December 31, 2025. The company secured US$43.4 million in non-dilutive U.S. government funding and advanced its Estelle Gold and Critical Minerals Project. Key activities included executing 2025 drilling and exploration programs, progressing Pre-Feasibility Study (PFS) workstreams, strengthening stakeholder engagement, and initiating a U.S. antimony supply chain. The company is advancing its dual-commodity strategy, focusing on developing Estelle as a Tier 1 gold operation and fast-tracking its antimony assets to establish a domestic supply chain. Exploration at RPM and Korbel deposits yielded positive results, with ongoing studies for PFS. Significant developments include progress on the West Susitna Access Road and securing a land use permit for an antimony refinery. Nova also completed a 5-for-1 ADS split and raised approximately US$20 million. As of December 31, 2025, the company had access to over A$106 million in funding with no debt. Subsequent events include positive drilling results from Korbel and RPM, initial surface sampling results, and a planned redomiciliation to the U.S. to comply with reporting obligations and enhance access to capital markets.