Corporate Changes
Melbourne, Sep 20, 2022 AEST (ABN Newswire) - Nova Minerals Limited (
ASX:NVA) (QM3:FRA) (NVAAF:OTCMKTS) is pleased to advise that Non-Executive Director, Mr Craig Bentley has agreed to step up and take on the role of Executive Director Finance and Compliance.
Director's Remuneration
With the Nova team's significant workload operating 24/7/365, results thus far, cost savings, MRE expansion and confidence levels planned, Phase 2 Scoping Study to trail the MRE update and the Preliminary Feasibility Study (PFS) to follow shortly after to further add value for the benefit of shareholders, Mr Craig Bentley has agreed to step up and take on the role of Executive Director Finance and Compliance. The Company has agreed to lift both Mr Craig Bentley and Mr Louie Simens monthly fees by $4,000 per month respectively, from 1 Septemebr 2022. These changes come during a genuine transitioning period for the company as it continues with great momentum in unlocking the large Estelle Gold trend and creating further value through the company's investments at an appropriate time in the company's life cycle.
About Nova Minerals Limited
Nova Minerals Limited (ASX:NVA) (FRA:QM3) is a Gold, Antimony and Critical Minerals exploration and development company focused on advancing the Estelle Project, comprised of 514 km2 of State of Alaska mining claims, which contains multiple mining complexes across a 35 km long mineralized corridor of over 20 advanced Gold and Antimony prospects, including two already defined multi-million ounce resources, and several drill ready Antimony prospects with massive outcropping stibnite vein systems observed at surface. The 85% owned project is located 150 km northwest of Anchorage, Alaska, USA, in the prolific Tintina Gold Belt, a province which hosts a >220 million ounce (Moz) documented gold endowment and some of the world's largest gold mines and discoveries including, Barrick's Donlin Creek Gold Project and Kinross Gold Corporation's Fort Knox Gold Mine. The belt also hosts significant Antimony deposits and was a historical North American Antimony producer.
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