Drilling program completed at Nova Minerals lithium project

Melbourne, VIC / March 21, 2018 / JMN Wire / Nova Minerals Limited (ASX: NVA), today announced the completion of a preliminary resource drilling program at its Thompson Brothers Lithium project in Canada.

The Company said the program had been completed on time and under budget (see maps appended to the end of this release).

Samples from drill holes up to TBL-20 have been submitted to the SRC laboratory in Saskatoon Saskatchewan for analysis. Samples from drill holes TBL-21 to TBL-24 will be transported to SRC next week. The company will release results as they become available.

Nova Minerals Managing Director, Mr. Avi Kimelman said:

“We are pleased - and credit to our team on the ground - that drilling has been completed on time and under budget. We have now commenced the initial Ni 43-101 technical and resource estimation report. The speed of drilling and our commencement of the Metallurgical studies, Ni 43-101 technical and resource estimation report shows the commitment by all involved to unlock the potential of the Thompson Brothers Lithium Project.”

“This exploration program, ground works and commencement of the NI 43-101 historic research clearly demonstrates the resource is open in all directions as exploration activities to date has not found the end of the mineralisation and has opened up exciting new targets.