Nova Minerals Limited has increased its total gold resource estimate by 54.9% to 9.6 million ounces (Moz) at its flagship Estelle Project, located in Alaska's prolific Tintina Gold Province. The 9.6 Moz gold resource at Estelle is hosted at the company's primary Korbel and RPM deposits, two of 15 major prospects over a 324m2 exploration tenement, and was estimated in accordance with the JORC Code (2012) and classified as follows: Korbel Main Deposit - Indicated 286Mt @ 0.3 g/t Au for 3.0Mozs (cut-off 0.15 Au g/t). Korbel Main Deposit - Inferred 583Mt @ 0.3 g/t Au for 5.1Mozs (cut-off 0.15 Au g/t). RPM Deposit - Inferred 23Mt @ 2.0g/t Au for 1.5Mozs (cut off 0.30 Au g/t). The company's maiden 3.0Mozs Indicated Resource at Korbel Main follows ongoing infill and extension drilling at the site, which is located in the tenement's north. Inferred Resources at Korbel increased from 4.7Moz to 5.1 Moz. The RPM deposit in the tenement's south maintains an Inferred Resource of 1.5Mozs after Phase 1 resource drilling in October was highlighted by bonanza grades including 132m at 10.1g/t Au.1. Nova Minerals chief executive, Mr. Christopher Gerteisen, said the upgrade supported his high confidence in the Estelle Project, which shares geological characteristics analogous to other major Alaskan gold mines including Victoria Gold's Eagle Mine and Kinross Gold Corporation's Fort Knox Gold Mine.