Nova Minerals Limited, formerly Quantum Resources Limited, is engaged in the mineral exploration. The Company is an Australian explorer with projects in Western Australia and the Northern Territory. Its projects are prospective for gold and base metals. Its projects include Telfer Project and Tanami (Officer Hill JV) Project. The Company owns approximately 100% interest in Telfer Project, which consists of a single exploration license in an area of over six kilometers from the Telfer Gold mine. The Telfer deposit has an ore reserve of approximately 6.3 million ounces of gold and over 0.295 million tons of copper within a mineral resource of approximately 15 million ounces of gold. It owns over 100% interest in Tanami (Officer Hill JV) Project, which is located within the Tanami geological province. It holds a single exploration license located approximately 34 kilometers southwest of the Callie gold mine. The Tanami (Officer Hill JV) Project is a prospective for gold mineralization.