Exhibit
99.1

Nova’s
RPM Valley Drilling Confirms Continuity of Mineralized System with High-Grade Intercepts and Remains Wide Open in Multiple Directions
Anchorage
Alaska, January 13, 2026 - Nova Minerals Limited (“Nova” or the “Company”) (NASDAQ:
NVA) (ASX: NVA) (FRA: QM3) ) is pleased to announce further drill results from the RPM Valley deposit with the 2025 closely spaced
infill results returning multiple broad intercepts >1 g/t Au, and visible gold observed in an Estelle Project record intercept of
0.5 m @ 364 g/t Au, within the Company’s flagship Estelle Gold and Critical Minerals Project, located in the prolific Tintina Gold
Belt in Alaska.
Highlights
| ● | Drill
results include the highest-grade intercept drilled at RPM - and over the greater Estelle
Project - to date of 0.5m @ 364 g/t Au from 101m, with visible gold observed in the drill
core (Table 1, and Figures 2 to 4). |
| ● | Broad
gold intersections continue at RPM Valley with the 2025 closely spaced infill results expected
to support a maiden Measured and Indicated Mineral Resource at the valley deposit, in support
of the Pre-Feasibility Study (PFS). Mineralization remains wide open with numerous holes
extending below the current pit shells. Significant results include (Table 1, and Figures
2 to 7): |
| ▪ | 65m
@ 3.6 g/t Au from 83m including; |
| ▪ | 36m
@ 5.5 g/t Au from 91m |
| ▪ | 0.5m
@ 364.0 g/t Au at 101m |
| ▪ | 155m
@ 0.9 g/t Au from 71m including; |
| ▪ | 94m
@ 1.3 g/t Au from 126m |
| ▪ | 18m
@ 2.8 g/t Au from 196m |
| ▪ | 172m
@ 0.8 g/t Au from 352m including; |
| ▪ | 60m
@ 1.2 g/t Au from 424m and |
| ▪ | 26m
@ 1.4 g/t Au from 495m |
| ▪ | Also
101m @ 0.5 g/t Au from 6m at RPM North |
| ▪ | 152m
@ 0.9 g/t Au from 82m including; |
| ▪ | 25m
@ 1.9 g/t Au from 174 |
| ▪ | 289m
@ 0.7 g/t Au from 62m including; |
| ▪ | 40m
@ 1.2 g/t Au from 152m, and |
| ▪ | 82m
@ 1.0 g/t Au from 266m |
| ▪ | 101m
@ 0.8 g/t Au from 225m including; |
| ▪ | 53m
@ 1.2 g/t Au from 273m, and |
| ▪ | 33m
@ 0.3 g/t Au from surface in the glacial till |
| ● | The
new results follow-up and now confirm continuity of mineralization at RPM Valley, where previous drilling included (ASX Announcements:
4 October and 21 December 2022, and 10 January 2024): |
| ● | RPM-063:
9m @ 3.1 g/t Au from 83 and 70m @ 1.1 g/t Au from 205m |
| ● | RPM-060:
54m @ 2.1 g/t Au from 260m, including 17m @ 5.3 g/t Au from 273m |
| ● | RPM-048:
54m @ 1.2 g/t Au from 244m, including 16m @ 2.4 g/t Au from 255m |
| ● | RPM-037:
268m @ 0.7 g/t from 282m including 103m @ 1.0 g/t Au, including 30m @ 1.9 g/t Au, 21m @ 2.5
g/t Au from 325m, and 79m @ 1.0 g/t Au from 471m, including 30m @ 2.0 g/t Au from 501m |
| ● | RPM-025:
76m @ 1.2 g/t Au from 440m, including 43m @ 1.5 g/t Au from 474m, and 30m @ 1.7 g/t Au from
486m |
| ● | 10
RC holes were completed in the RPM glacial till using Nova’s in-house rig as a preliminary,
cost-effective test, returning a notable intercept of 33 m @ 0.3 g/t Au from surface (RPMRC-009).
Results indicate the essentially drilled and blasted till material may be at least 30m thick
over ~330,000 m², and this area remains a high-priority target, with future work to
focus on improved sampling methods and thickness verification (Table 3 and Figure 8). |
| ● | To
view a commentary video from Nova’s CEO, Christopher Gerteisen, discussing the significance
of these latest drill results, please click here. |
| ● | All
results from RPM have now been reported. Further drill results will be released once received
and validated under Nova’s QA/QC procedures, after which an updated Mineral Resource
Estimate (MRE) will incorporate results from the 2023–2025 drill programs. |
| ● | PFS-level
studies are ongoing, with METS Engineering undertaking additional metallurgical test work
to build on the high gold recoveries achieved at RPM to date (ASX Announcement: 5 August
2025), Rough Stock Mining is conducting mining studies, and Whittle Consulting is completing
optimization studies. |
| ● | Results
from the extensive soil and rock chip surface samples taken from across the project area
in 2025 will also be reported once received and processed. |
Nova
CEO, Mr Christopher Gerteisen, commented:
“These
results represent a significant advancement for RPM Valley and further validate the scale and quality of the gold system identified to
date. The high-grade intercept of 0.5 m @ 364 g/t Au confirms the presence of discrete high-grade zones within a broader, mineralised
system, which remains wide open in multiple directions and at depth.
“The
consistency of mineralization over long intervals and across hundreds of metres reinforces our view that RPM Valley has the continuity
and scale required to underpin a potentially significant mining operation, with additional upside to be assessed through further drilling.
With all assays now received from the 2025 RPM infill and step-out drilling program, we expect these results to positively inform the
next mineral resource update.
“While
the maiden glacial till RC drilling was impacted by low sample recovery due to the unconsolidated nature of the material, the results
indicate the glacial till mineralized zone is at least 30m thick. Combined with a previously identified > 1 g/t Au surface anomaly
of approximately 1.7km long and 200m wide, this area remains a priority target. The till material is already crushed up, free dig material,
which could be very amendable to heap leach recovery. Nova plans follow-up work with improved sampling methods.
“As
pre-feasibility level studies progress across metallurgy, mining and optimisation, the Company remains focused on advancing RPM toward
development while continuing to grow the resource base. With a number of near-term milestones ahead and a strong pipeline of exploration
targets across the broader project area, RPM Valley continues to demonstrate its potential as a key growth asset for Nova.”
2025
RPM Valley Drilling Summary
A
total of 10 holes were drilled at RPM Valley in 2025, designed to:
| ● | Conduct
infill drilling at the RPM Valley deposit to increase the confidence of the resource. |
| ● | Continue
to expand the RPM resource in the valley to the west by targeting the hornfels/intrusive
contact. |
| ● | Test
the connection between RPM North and RPM Valley. |
The
latest diamond core drill results continue to increase resource confidence at the RPM Valley deposit. All holes encountered mineralization
at the base of the ice, which averaged 60m to 70m down hole. The holes drilled from Pads 23-14 and 25-2 all encountered granodiorite
at the base of ice, except for RPM-071, which was drilled to the east and encountered hornfels bedrock at approximately 65m. Drilling
in the valley has been relatively sparse compared to RPM North, and this season’s efforts aimed to increase resource confidence
and delineate what is shaping up to be a much larger mineralized intrusive unit. Drilling access is difficult here due to the nature
of moraines, and difficulties were encountered coring through ice on the shallower dipping holes. Figure 1 below shows the drill setup
on pad 25-2.

Figure
1. RPM Valley Pad 25-2
While
the high-grade zones intersected at RPM Valley thus far may not be as broad as those at RPM North, the mineralized intrusive is larger,
and the boundary remains open to the south, southeast, and at depth. Mineralization occurs within sheeted quartz and quartz-tourmaline
veins. Arsenopyrite remains the dominant gold bearing sulfide, but some holes exhibited very-fine visible gold, as well as molybdenite,
pyrite, and the telluride altaite. The highest grade intercept drilled at RPM - and over the greater Estelle Project - to date is shown
below in Figure 2, where 0.5m @ 364 g/t Au was encountered.

Figure
2. RPM Valley hole RPM-081 0.5m @ 364.0 g/t Au at 101m, with visible gold observed in the assayed core
Holes
RPM-071 and RPM-072 were designed to test the connection between RPM North and RPM Valley. RPM-071 was collared on the glacial moraine.
It was set at a 040 degree azimuth and a -60 degree dip and missed the valley intrusion, but intersected the bottom of the RPM North
granodiorite. While RPM-071 didn’t report any significant intercepts, a broad, albeit low-grade, intercept of 154m @ 0.2 g/t Au
from 304m using a 0.1 g/t cut-off was reported. RPM-072 was collared on the ridge at RPM North and angled back towards RPM Valley at
a 220 degree azimuth and -50 degree dip. Two notable zones of mineralization were encountered, including 101m @ 0.5 g/t Au from 6m in
the RPM North granodiorite and 172m @ 0.8 g/t Au from 352m in the RPM Valley granodiorite. The hornfels sedimentary rock separating these
two intrusive bodies does not contain any notable mineralization. Hole RPM-084, shown on the same section (See Figure 6), was designed
to test the southwestern extent of the intrusive; however, due to drilling complications and impending freezing conditions, the hole
was abandoned at 327m before reaching the southern contact with the hornfels. Hole RPM-084 (Figure 6) intercepted 101m @ 0.8 g/t Au from
225m to the final depth of 327m, this included 53m @ 1.6 g/t Au from 273m, meaning the hole had improved mineralization at depth. This
mineralized zone remains open to the south and at depth. RPM-082 ran parallel to RPM-084 from the northern pad 25-3 (Figure 3), and due
to drilling complications, was terminated at 354m. This hole intercepted 289m @ 0.7 g/t Au, with mineralization remaining open to the
southwest and at depth.
Holes
RPM-069, -073, -075, -077, -081, and -082 (Figures 3, 4, 5, and 7) were designed to test the northern and northeastern contacts of the
granodiorite with the hornfels – testing the hypothesis that the contact zone could be similar geologically to the high-grade core
of RPM North which also occurs at the northern contact of the granodiorite and the hornfels. The northern contact at RPM Valley does
not appear to confine the mineralization has tightly as that found at RPM North, however, some significant broad zones of mineralization
were encountered with three of the holes having over 100m at ≥0.7 g/t Au, and of course the high-grade zone discussed in hole RPM-081
with 0.5m @ 364 g/t Au.

Figure
3: RPM plan view with all drill holes to date – Black drill traces represent the 2025 drill holes

Figure
4. RPM Valley RPM-081 (92 azi)

Figure
5: RPM Valley Section RPM-069 and RPM-073 (127.5 azi)

Figure
6. RPM Valley and North RPM-0-71, RPM-072, and RPM-084 (32 azi)

Figure
7: RPM Valley RPM-082 (15 azi)
Table
:1 Significant intercepts
| Hole_ID |
From
(m) |
To
(m) |
Interval
(m) |
Au
g/t |
| RPM-069 |
71 |
226 |
155 |
0.9 |
| Including |
126 |
220 |
94 |
1.3 |
| |
196 |
214 |
18 |
2.8 |
| RPM-072 |
352 |
525
|
172 |
0.8 |
| Including |
424 |
484 |
60 |
1.2 |
| |
495 |
521 |
26 |
1.4 |
| And* |
6 |
107 |
101 |
0.5 |
| Including* |
46 |
70 |
24 |
1.0 |
| RPM-073 |
88 |
175 |
86 |
0.5 |
| RPM-075 |
82 |
235 |
152 |
0.9 |
| Including |
129 |
155 |
27 |
1.3 |
| |
171 |
231 |
60 |
1.0 |
| |
174 |
199 |
25 |
1.9 |
| RPM-081 |
83 |
148 |
65 |
3.6 |
| Including |
91 |
128 |
36 |
5.5 |
| |
100.8 |
101.3 |
0.5 |
364.0 |
| RPM-082 |
62 |
351 |
289 |
0.7 |
| Including |
152 |
192 |
40 |
1.2 |
| |
266 |
348 |
82 |
1.0 |
| |
266 |
300 |
34 |
1.7 |
| RPM-084 |
225 |
327 |
101 |
0.8 |
| Including |
80 |
159 |
79 |
0.5 |
| |
273 |
327 |
53 |
1.2 |
Table
2: Drill hole details
| Hole_ID |
Easting |
Northing |
Elev
(m) |
EOH
(m) |
Azi |
Dip |
Zone |
Assay
Results |
| RPM-069 |
501864 |
6848646 |
1681 |
321 |
310 |
-70 |
RPM
Valley |
ASX:
13/01/25 |
| RPM-071 |
501865 |
6848647 |
1680 |
466 |
40 |
-60 |
Valley/North |
ASX:
13/01/25 |
| RPM-072 |
501992 |
6848804 |
1769 |
568 |
220 |
-50 |
Valley/North |
ASX:
13/01/25 |
| RPM-073 |
501865 |
6848646 |
1680 |
280 |
320 |
-70 |
RPM
Valley |
ASX:
13/01/25 |
| RPM-075 |
501866 |
6848644 |
1680 |
308 |
290 |
-70 |
RPM
Valley |
ASX:
13/01/25 |
| RPM-077 |
501852 |
6848687 |
1675 |
191 |
260 |
-50 |
RPM
Valley |
ASX:
13/01/25 |
| RPM-079 |
501825 |
6848746 |
1654 |
185 |
180 |
-60 |
RPM
Valley |
ASX:
13/01/25 |
| RPM-081 |
501853 |
6848686 |
1675 |
275 |
270 |
-70 |
RPM
Valley |
ASX:
13/01/25 |
| RPM-082 |
501824 |
6848746 |
1654 |
354 |
195 |
-60 |
RPM
Valley |
ASX:
13/01/25 |
| RPM-083 |
501854 |
6848685 |
1676 |
160 |
195 |
-50 |
RPM
Valley |
ASX:
13/01/25 |
| RPM-084 |
501854 |
6848687 |
1675 |
327 |
200 |
-60 |
RPM
Valley |
ASX:
13/01/25 |
RPM
Till Reverse Circulation Drilling Summary
A
total of ten holes were drilled in the glacial till with Nova’s in-house reverse circulation (RC) drill rig. The RC drilling method
in the loose unconsolidated mineralized glacial till resulted in sample loss and low recoveries, and the inability to consistently reach
target depth due to difficult ground conditions. As such, the Company believes that these samples underrepresent the potential grade
and depth of the zone. Alternative drilling methods such as split spoon sampling or sonic drilling may be more appropriate tools to retrieve
more representative, in-situ samples from the till. However, Nova’s utilization of their RC drill rig was cost effective for this
preliminary test. The finer fraction targeted in the 2024 soil sampling grid (ASX Announcement 3 February 2025) is susceptible to being
blown out by the compressed air and into the unconsolidated till and not recovered in the drill sample. Despite this drawback, one significant
intercept was returned from RPMRC-009 with 33m @ 0.3 g/t Au from surface. It is important to note that the glacial till is essentially
like a drilled and blasted broken rock stockpile, and likely amenable to heap leaching which has been proven effective at RPM (Gold recoveries
of up to 68.7% achieved via heap leach in ASX Announcement 5 August 2025). Maiden drilling confirms the till is at least 33m thick in
a debris lobe that has been mapped to have an areal extent of over 1.7km long and 200m wide (~ 330,000 square meters) shown as Qdt2 on
Figure 8. The glacial till remains a high priority target for Nova, and future work will focus on collecting more representative samples
and verifying the overall thickness.

Figure
8. RPM glacial till RC drilling plan view

Figure
9: RPM glacial till RPMRC-009 and RPMRC-010 (090 azi)
Table
3. Glacial Till Intercepts
| Hole_ID |
From
(m) |
To
(m) |
Interval
(m) |
Au
g/t |
| RPMRC_001 |
0 |
13 |
13 |
0.2 |
| RPMRC_002 |
5 |
15 |
11 |
0.3 |
| RPMRC_003 |
9 |
10 |
2 |
0.2 |
| RPMRC_004 |
8 |
11 |
3 |
0.1 |
| RPMRC_005 |
0 |
8 |
8 |
0.2 |
| RPMRC_006 |
0 |
9 |
9 |
0.3 |
| RPMRC_007 |
0 |
3 |
3 |
0.2 |
| RPMRC_008 |
0 |
6 |
6 |
0.2 |
| RPMRC_009 |
0 |
33 |
33 |
0.3 |
| RPMRC_010 |
0 |
7 |
7 |
0.4 |
Table
4. RC Hole Details
| Hole_ID |
Easting |
Northing |
Elev
(m) |
EOH
(m) |
Azi |
Dip |
Zone |
Assay
Results |
| RPMRC_001 |
500511 |
6850052 |
1338 |
56 |
0 |
-90 |
Glacial
Till |
ASX:
13/01/25 |
| RPMRC_002 |
500514 |
6850054 |
1338 |
24 |
0 |
-90 |
Glacial
Till |
ASX:
13/01/25 |
| RPMRC_003 |
500465 |
6850079 |
1329 |
18 |
0 |
-90 |
Glacial
Till |
ASX:
13/01/25 |
| RPMRC_004 |
500468 |
6850075 |
1330 |
18 |
0 |
-90 |
Glacial
Till |
ASX:
13/01/25 |
| RPMRC_005 |
500476 |
6850092 |
1330 |
15 |
0 |
-90 |
Glacial
Till |
ASX:
13/01/25 |
| RPMRC_006 |
500475 |
6850094 |
1330 |
13 |
0 |
-90 |
Glacial
Till |
ASX:
13/01/25 |
| RPMRC_007 |
500499 |
6850067 |
1335 |
16 |
0 |
-90 |
Glacial
Till |
ASX:
13/01/25 |
| RPMRC_008 |
500499 |
6850066 |
1335 |
16 |
0 |
-90 |
Glacial
Till |
ASX:
13/01/25 |
| RPMRC_009 |
500869 |
6849899 |
1432 |
38 |
0 |
-90 |
Glacial
Till |
ASX:
13/01/25 |
| RPMRC_010 |
500871 |
6849900 |
1432 |
9 |
0 |
-90 |
Glacial
Till |
ASX:
13/01/25 |
Upcoming
Milestones
| ● | Further
drill results |
| ● | Further
results and potential new discoveries from the 2025 surface exploration mapping and sampling
program |
| ● | Material
PFS test-work results as they become available |
| ● | Updated
MRE |
| ● | Winter
trail mobilization of heavy equipment |
| ● | Airborne
geophysical surveys to commence in the spring of 2026 |
| ● | Antimony
phase 1 project updates |
| ● | Metallurgical
test work ongoing |
| ● | Environmental
test work ongoing |
| ● | West
Susitna access road updates |
Qualified
Persons
Vannu
Khounphakdee, Professional Geologist and member of Australian Institute of Geoscientists contracted by Nova Minerals to provide geologic
consulting services. Mr. Khounphakdee holds a Master of Science in Mine Geology and Engineering. He is a qualified person with at least
5 years experience with this type of project. By reason of education, affiliation with a professional association, and past relevant
work experience, Mr. Khounphakdee fulfills the requirements of Qualified Person (QP) for the purposes of SEC Regulation SK-1300 for data
QA/QC checks relevant to this announcement.
Hans
Hoffman is a State of Alaska Certified Professional Geologist contracted by Nova Minerals to provide geologic consulting services. Mr.
Hoffman is a member of the American Institute of Professional Geologists and holds a Bachelor of Science degree in Geological Engineering
with a double major in Geology and Geophysics. He is a qualified person with at least 5 years of experience with these types of projects.
By reason of education, affiliation with a professional association, and past relevant work experience, Mr. Hoffman fulfills the requirements
of Qualified Person (QP) for the purposes of SEC Regulation SK-1300 for the technical information presented in this announcement.
Christopher
Gerteisen, Chief Executive Officer of Nova Minerals, is a Professional Geologist and member of Australian Institute of Geoscientists,
and has supervised the preparation of this news release and has reviewed and approved the scientific and technical information contained
herein. Mr. Gerteisen is a “qualified person” for the purposes of SEC Regulation S-K 1300.
Data
Verification
For
the 2025 diamond core drilling program, core samples were cut in half and crushed to achieve >90% passing a 2mm sieve and split down
to 225 g to 275 g samples at Nova’s on-site prep facility. Samples were then sent to ALS Fairbanks for additional prep and chemical
analysis. Duplicates were collected every 1 in 20 samples at the same time using the same method (riffle split) as the parent sample.
Blank material was inserted 1 in 40 samples. Standard Reference Material (SRM) was inserted 1 in 20 samples. Three different SRMs at
three different grades levels were used.
ALS
is a certified commercial laboratory and is independent of Nova Minerals. Samples are tested for gold using ALS Fire Assay Au-ICP21 technique.
This technique has a lower detection limit of 0.001 g/t with an upper detection limit of 10 g/t. If samples have grades in excess of
10 g/t then Au-GRA21 is used to determine the over detect limit. Au-GRA21 has a detection limit of 0.05 g/t and an upper limit of 10,000
g/t. Four acid digestion with ICP-MS finish (ME-MS61) was used to evaluate 48 different elements.
About
Nova Minerals Limited
Nova
Minerals Limited 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, Kinross Gold Corporation’s Fort Knox
Gold Mine. The belt also hosts significant Antimony deposits and was a historical North American Antimony producer.
Further
discussion and analysis of the Estelle Project is available through the interactive Vrify 3D animations, presentations, and videos, all
available on the Company’s website. www.novaminerals.com.au
Forward
Looking Statements
This
press release contains “forward-looking statements” that are subject to substantial risks and uncertainties. All statements,
other than statements of historical fact, contained in this press release are forward-looking statements. Forward-looking statements
contained in this press release may be identified by the use of words such as “anticipate,” “believe,” “contemplate,”
“could,” “estimate,” “expect,” “intend,” “seek,” “may,” “might,”
“plan,” “potential,” “predict,” “project,” “target,” “aim,” “should,”
“will” “would,” or the negative of these words or other similar expressions, although not all forward-looking
statements contain these words. Forward-looking statements are based on Nova Minerals Limited’s current expectations and are subject
to inherent uncertainties, risks and assumptions that are difficult to predict. Further, certain forward-looking statements are based
on assumptions as to future events that may not prove to be accurate. These and other risks and uncertainties are described more fully
in the section titled “Risk Factors” in the final prospectus related to the public offering filed with the Securities and
Exchange Commission. Forward-looking statements contained in this announcement are made as of this date, and Nova Minerals Limited undertakes
no duty to update such information except as required under applicable law.
For
Additional Information Please Contact
Investor
Relations:
Dave
Gentry, CEO
RedChip
Companies, Inc.
Phone:
1-407-644-4256
Email:
NVA@redchip.com
Nova
Minerals:
Craig
Bentley
Director
of Finance & Compliance & Investor Relations
E:
craig@novaminerals.com.au
M:
+61 414 714 196