Novo Resources Corp. · TSX:NVO
Novo Resources — Investor Presentation (December 2023)
24 slides from Novo Resources's investor presentation, Dec 22, 2023
Slide 1: Leading Pilbara Gold Explorer
LEADING PILBARA GOLD EXPLORER Exploration Focused - Discovery Driven Corporate Presentation 22 DECEMBER 2023 ASX: NVO / TSX: NVO / OTCQX: NSRPF Corporate Presentation: 22 December 2023 www.novoresources.com
Slide 2: Cautionary Statement
Cautionary Statement Nature of this document: This presentation is of a summary form only and therefore contains general background “measured mineral resources”, “indicated mineral resources” and “inferred mineral resources”. Investors are cautioned information about Novo Resources Corp (Novo or the
Slide 3: Acknowledgement of Country
Acknowledgement of Country We acknowledge the Traditional Owners of the land upon which we operate; the Palyku, Nyamal, Kariyarra, Ngarluma, Yinhawangka, Yindjibarndi, Yaburara and Mardudhunera, Puutu Kunti Kurrama people, the Pinikura peoples, and the Dja Dja Wurrung people. We recognize their uniq
Slide 4: Seeking the Next Major Pilbara Discovery
EXPLORATION FOCUSED - DISCOVERY DRIVEN Seeking the Next Major Pilbara Discovery • Leading gold explorer focused on the delivery of deposits with +1 Moz development potential • Compelling ~7,500 sq km Pilbara exploration portfolio, featuring the Becher and Nunyerry North Projects in the Egina Gold Ca
Slide 5: Pilbara Landholding
EXPLORATION FOCUSED - DISCOVERY DRIVEN Pilbara Landholding • ~7,500 sq km of highly prospective ground provides Novo with unique and exciting gold exploration and discovery potential • Becher Project - drilling by De Grey Mining will continue throughout 2024 as part of the Egina JV • Extensive recon
Slide 6: Novo Corporate Structure
ASX TRADING COMMENCED Novo Corporate Structure Novo Current Substantial Shareholders2 % Shares on Issue 341.9M De Grey Mining Ltd 10.3% Market Capitalisation A$66.4M IMC (Singapore) 6.0% 1 Cash A$11.3M Mark Creasy/Creasy Group 4.5% Marketable Securities A$29.9M First Sentier Investors (Australia) IM
Slide 7: Experienced Board & Management Team
EXPLORATION FOCUSED - DISCOVERY DRIVEN Experienced Board & Management Team Dr. Quinton Hennigh Mr. Michael Spreadborough Non-Executive Co-Chairman & Director Executive Co-Chairman & Director Denver, CO, USA Perth, WA, Australia Mr. Michael Barrett Mr. Ross Hamilton Mr. Greg Jones Lead Independent Di
Slide 8: Exploration Portfolio Key to Shareholder Value
PORTFOLIO SUMMARY Exploration Portfolio Key to Shareholder Value1 • De Grey is a cornerstone investor and exploration partner for the Becher Project and adjacent tenements EGINA JV • De Grey to invest up to A$25 million on exploration at Becher and adjacent tenements within 4 years, to earn Partneri
Slide 9: De Grey Cornerstone Investment & Joint Venture
EGINA JOINT VENTURE De Grey Cornerstone Investment & Joint Venture • +A$2B Western Australian gold developer De Grey Mining is a cornerstone investor and exploration partner for the Becher Project and adjacent tenements • Becher is located in the northern Egina Gold Camp only ~28 km WSW of De Grey’s
Slide 10: Becher Results Support Exciting Growth Potential
BECHER GOLD PROJECT Becher Results Support Exciting Growth Potential1 • Novo completed over 60,000 m of aircore drilling, testing multiple, high-priority structural and intrusion-hosted gold targets • Drilling successfully generated significant gold and multi-element assay results • Large priority a
Slide 11: De Grey Commences Drilling at Becher
EGINA GOLD CAMP De Grey Commences Drilling at Becher1 • Exciting exploration and development potential of Becher recognised by De Grey through Egina JV and committed financial investment into the Project • Egina JV comprises of Becher and adjacent tenements that cover ~1,000 sq km of existing Novo t
Slide 12: Southern Egina Gold Camp Prospectivity
EGINA GOLD CAMP Southern Egina Gold Camp Prospectivity • Nunyerry North is the first of numerous additional priority exploration targets that have been identified along the main structural corridors within the southern part of the Egina Gold CampThe southern portion of the Egina Gold Camp forms a co
Slide 13: Nunyerry North – Compelling New Gold Project
EGINA GOLD CAMP Nunyerry North1 – Compelling New Gold Project • Compelling high priority exploration target area with potential to become a significant gold project • Located ~35 km from a major regional road providing good long-term logistics infrastructure • Maiden RC program tested structurally c
Slide 14: Nunyerry North – RC Drilling Update
EGINA GOLD CAMP Nunyerry North1 – RC Drilling Update SECTION 590660E • ~50m wide zone of significant quartz-veining and lower order gold mineralisation • Indication of stacked or ladder mineralised vein system on this section - blind at surface • Main Lode #1 bifurcates into two zones – second lode
Slide 15: Balla Balla Gold Project
WEST PILBARA PROJECT Balla Balla Gold Project • Emerging exploration project, targeting interpreted fertile structural corridors under shallow cover, centered on the Sholl shear corridor and associated structures • Over 1,200 sq km of tenements merged across a strike length of > 100 km over target a
Slide 16: Belltopper Gold Project
VICTORIA EXPLORATION Belltopper Gold Project1 • 100% owned by Novo after acquiring remaining 50% interests in the Malmsbury and Queens Projects in April 2023 • Project located ~50 km south of Agnico Eagle’s Fosterville Gold Mine in the Bendigo Tectonic Zone, where over 60 Moz Au were produced histor
Slide 17: Belltopper Gold Project – Diamond Drilling
VICTORIA EXPLORATION Belltopper Gold Project – Diamond Drilling1 • A series of six diamond holes for ~2,300 m are designed to test multiple high-grade targets using Novo’s integrated 3D geology and mineralisation model at Belltopper • Diamond drilling commenced in mid-November with first two deep di
Slide 18: Maximising Pilbara Battery Metals Portfolio Value
BATTERY METALS Maximising Pilbara Battery Metals Portfolio Value • Battery Metals Joint Ventures boost cash reserves to continue primary gold exploration focus, while delivering shareholders exciting exposure to battery metals exploration success • Harding Battery Metals JV1 • Tenements in the vicin
Slide 19: ESG Supports Exploration Delivery
EXPLORATION FOCUSED - DISCOVERY DRIVEN ESG Supports Exploration Delivery1 Novo is committed to delivering value to our stakeholders by operating in a responsible and sustainable manner. Our approach to sustainability is built around three key pillars, which integrate all aspects of our operations. O
Slide 20: Discovery Implementation Plan
EXPLORATION FOCUSED - DISCOVERY DRIVEN Discovery Implementation Plan BALLA BALLA GOLD EGINA GOLD CAMP BELLTOPPER PROJECT4 EAST PILBARA PROJECT BECHER (Egina JV) DATA ACQUISITION TARGETING DRILL PROGRAM • De Grey completed 271 AC • Review of geophysical and • Integrated 3D geology and • ~2,000 m RC d
Slide 21: The Novo Value Proposition
EXPLORATION FOCUSED - DISCOVERY DRIVEN The Novo Value Proposition Well-positioned for exploration discovery success across a high-quality gold project portfolio Tier-One Strategic Strength of Joint Venture Portfolio Strong Outlook Successful ASX Listing De Grey invested A$10 million Highly prospecti
Slide 22: Additional Technical Information
ADDITIONAL TECHNICAL INFORMATION
Slide 23: Cautionary Statement De Grey Mining Information
Cautionary Statement De Grey Mining (ASX : DEG) Information De Grey has reported that, at the Mallina Gold Project, its (i) Mount Berghaus deposit is comprised of Indicated Mineral Resources of 1 Mt @ 1.7 g/t Au for 53 koz Au and Inferred Mineral Resources of 3.4 Mt @ 1.2 g/t Au for 128 koz Au, (ii)
Slide 24: North America Contact
NORTH AMERICA CONTACT: AUSTRALIA CONTACT: Telephone: +1-416-543-3120 Telephone: +61-419-329-687 E-mail: leo@novoresources.com E-mail: mike.spreadborough@novoresources.com www.novoresources.com ASX: NVO / TSX: NVO / OTCQX: NSRPF
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