Novo Resources releases updated company presentation

Novo Resources Corp. (Novo or the Company) (ASX: NVO) (TSX: NVO) (OTCQB: NSRPF) is pleased to announce the release of its updated corporate presentation, which is now available on the Company’s website.

The new presentation outlines Novo’s strategic priorities, exploration results, project progress and near-term catalysts. It provides investors with a clear and up-to-date view of Novo’s evolving growth strategy and its portfolio of high-potential gold assets.

“Our updated corporate presentation reflects the significant progress we have made across our exploration portfolio,” said Mr. Michael Spreadborough, Executive Co-Chairman and Acting CEO of Novo Resources. “As we continue to unlock value in our projects, we remain focused on delivering disciplined growth and long-term value for shareholders.”

The presentation can be downloaded at: Presentations – Novo Resources

Approved for release by the Board of Directors.

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ABOUT NOVO

Novo is an Australian-based gold explorer, listed on the ASX and TSX, focused on discovering standalone gold and copper projects with a development potential of > 1 Moz. Novo is an innovative explorer with a significant land package of approximately 4,160 square kilometers in the Pilbara region of Western Australia, along with the 22 square kilometer Belltopper Gold Project in Victoria’s Bendigo Tectonic Zone. In addition to the above, Novo is part of two potential farms in New South Wales.

Novo’s key project area in the Pilbara is the Egina Gold Camp, where Northern Star Resources Limited is in the process of forming a joint venture into the Becher Project and surrounding tenements through an exploration expenditure of A$25 million for a 50% interest. The Becher Project has similar geological features to Northern Star’s 13.6 Moz Hemi Project^#. Novo is also advancing gold exploration south of Becher at the Teichman Project at the Egina Gold Camp, part of the Croydon JV (Novo 70%: Creasy Group 30%). Novo continues to undertake early stage research elsewhere in its Pilbara tenement portfolio.

Novo has also formed a lithium joint venture with SQM in the Pilbara, offering shareholders exposure to battery metals.

Novo has strengthened its high-quality, Australian-based exploration portfolio with the addition of the TechGen John Bull Gold Project in NSW’s New England Orogen, and the Manhattan Corp. Limited Tibooburra Gold Project in the Albert Goldfields of north-west NSW. Both projects demonstrate prospectivity for key discoveries and resource definition and align with Novo’s strategy to identify and explore projects with potential > 1 Moz Au. These high-grade gold projects complement the landholding consolidation that is the Toolunga Project in Western Australia’s Onslow District.

Novo has a significant investment portfolio and a disciplined program to identify value-add opportunities that will create further shareholder value.

#See De Grey’s ASX announcement, Hemi Gold Project mineral Resource Estimate (MRE) 2024, dated November 14, 2024. No assurance can be given that a comparable (or any) commercially viable mineral deposit will be identified at Novo’s Becher Project.

Photos accompanying this announcement are available at

https://www.globenewswire.com/NewsRoom/AttachmentNg/075e4cf1-b965-45c7-9297-f8230ec11778

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