Novo Resources Corp. · TSX:NVO
Novo Resources — Investor Presentation (September 2024)
28 slides from Novo Resources's investor presentation, Sep 3, 2024
Slide 1: Leading Gold Explorer
LEADING GOLD EXPLORER Exploration Focused - Discovery Driven Corporate Presentation 3 September 2024 ASX: NVO / TSX: NVO / OTCQX: NSRPF 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 information similar” to the corresponding CIM Definition Standards, there are differences in the definitions under the SEC Modernization about Novo Resources Corp (Novo
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: Exploration Focused – Discovery Driven
Exploration Focused – Discovery Driven Strong balance sheet, cash of A$11.7M (C$10.7M), and investments of ~A$46.2M (C$42.1M) Established growth strategy focused on discovering standalone gold projects with > 1 Moz development potential Dual listed on ASX and TSX with long term supportive shareholde
Slide 5: Fundamentals for Gold Have Never Been Stronger
Fundamentals for Gold Have Never Been Stronger • The price and fundamentals of gold continue to Gold Spot Price (USD) strengthen in 2024, with spot price currently trading $2,600 above US$2,500 $2,400 • Since the start of 2024, the gold price has increased by ~23% $2,200 • During times of strong inf
Slide 6: Focused on Delivering Shareholder Value
Focused on Delivering Shareholder Value Strong Gold Globally Price Disciplined Experienced Approach Team Egina JV with leading ASX- Strong listed gold Balance developer Sheet De Grey EXPLORATION Mining FOCUSED DISCOVERY Well- DRIVEN defined ESG Technical values and Excellence processes Leading Opera
Slide 7: Portfolio Key to Shareholder Value
Portfolio Key to Shareholder Value EAST PILBARA2 BALLA BALLA GOLD PROJECT Expanding exploration into the East Pilbara Emerging project focused on the Sholl Shear Zone • Reconnaissance programs revisit porphyry and • Fertile structural setting covering a complex intrusion related targets at Miralga f
Slide 8: Novo Corporate Structure
Novo Corporate Structure Novo Current Shares on Issue 355M Substantial Shareholders3 % Market Capitalisation A$38.8M De Grey Mining Ltd 10.0% Cash1 A$11.7M Liatam Mining Pty Ltd 6.2% Marketable Securities A$46.2M IMC (Singapore) 5.7% Debt - Mark Creasy/Creasy Group 4.4% Enterprise Value A$-M First S
Slide 9: Experienced Board & Management Team
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 Mrs. Karen O’Neill Mr. Greg Jones Independent Director Independent Director Perth, WA, Australia Sydney, NSW, A
Slide 10: ESG Supports Exploration Delivery
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 business: Operating with Integrity: We believe stron
Slide 11: Compelling Gold Exploration Assets
COMPELLING GOLD EXPLORATION ASSETS
Slide 12: Large Landholding in Leading Resources Province
Large Landholding in Leading Resources Province • ~6,700 sq km of highly prospective ground in the Pilbara provides Novo with unique and exciting gold exploration and discovery potential • In the Egina JV > 36,000 m RC/AC drilling completed at Becher 1 by De Grey to date in 2024, following up key re
Slide 13: Egina Joint Venture with De Grey Mining
Egina Joint Venture with De Grey Mining • The Egina Gold Camp is a contiguous tenement package, covering a series of structurally complex, gold-fertile corridors, transecting the Mallina Basin in the north and mafic / ultramafic sequences further south • +A$2.2 Billion Western Australian1 gold devel
Slide 14: Becher Results Support Exciting Growth Potential
Becher Results Support Exciting Growth Potential1 Gold-base metal trend identified in RC drilling at Heckmair, with Section • Lowe ~ 8km E a significant zone of base metal-gold mineralisation in the two RC holes targeting the corridor • The gold-base metal corridor trends WNW through the Heckmair in
Slide 15: Southern Egina Gold Camp Prospectivity
Southern Egina Gold Camp Prospectivity • Nunyerry North is the first of numerous priority exploration targets that have been identified along the main structural corridors within the southern part of the Egina Gold Camp • Exploration is progressing on conceptual gold targets along the major fault co
Slide 16: Nunyerry North – A High-Grade Gold Opportunity
Nunyerry North – A High-Grade Gold Opportunity • High priority exploration target area • Located ~35 km from a major regional road providing good long-term logistics infrastructure • 2023 Maiden RC program of 30 holes for 2,424 m tested approx. 200 m strike of high priority gold targets1 • Key inter
Slide 17: Nunyerry North – RC Drilling Update
Nunyerry North – RC Drilling Update1 • Standout intercepts from the 2024 RC program include: • 13 m at 2.68 g/t Au from 66 m, including 3 m at 10.41 g/t Au from 66 m (NC046) • 11 m at 2.20 g/t Au from 84 m, including 1 m at 18.06 g/t Au from 86 m (NC046) • 17 m at 1.85 g/t Au from 25 m, including 7
Slide 18: Egina Gold Camp & Balla Balla
Egina Gold Camp & Balla Balla • Evolving understanding of prospectivity at a district scale, based on improved knowledge of structural setting, assessment of high resolution geophysical and satellite data, in-house geochemical data and historical research • Targeting interpreted fertile structural c
Slide 19: Balla Balla Gold 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 • Novo holds approximately 60 km of strike length at Balla Balla including a notable flexure of the Sholl Sh
Slide 20: Karratha District – New Drill Targets Defined
Karratha District – New Drill Targets Defined • Recent exploration in the Karratha District has advanced several drill targets, including North Whundo, Railway Bore and East Well1 • North Whundo is the primary target at Karratha, defined by a significant 1.2 km long Cu-Pd-Au anomaly, with highly ano
Slide 21: Belltopper Gold Project
Belltopper Gold Project1 • Project located ~50 km south of Agnico Eagle’s Fosterville Gold Mine in the Bendigo Tectonic Zone, where over 60 Moz Au were produced historically • Belltopper displays characteristics of the epizonal orogenic gold deposit class comparable to Fosterville • Multiple mineral
Slide 22: Battery Metals Upside Through Strategic JVs
Battery Metals Upside Through Strategic JVs • Battery Metals Joint Ventures provides shareholders with exciting exposure to battery metals exploration success • Harding Battery Metals JV1 • Tenements proximal to Azure Minerals (ASX: AZS) Andover Lithium and Nickel Project and Artemis Resources (ASX:
Slide 23: Battery Metals Upside Through Strategic JVs
Battery Metals Upside Through Strategic JVs • Quartz Hill JV1 • JV with Liatam Mining formed in addition to a $1.8 million investment • A second LCT pegmatite swarm was identified at Quartz Hill showing support for the exploration growth strategy West and The Gap with best surface results of: • Novo
Slide 24: A Leading Australian Gold Explorer
A Leading Australian Gold Explorer Strong balance sheet, cash of A$11.7M (C$10.7M), and investments of ~A$46.2M (C$42.1M) Established growth strategy focused on discovering standalone gold projects with > 1 Moz development potential Dual listed on ASX and TSX with long term supportive shareholders D
Slide 25: Additional Technical Information
ADDITIONAL TECHNICAL INFORMATION
Slide 26: Investment Portfolio
Investment Portfolio Novo’s balance sheet is supplemented by a A$46.2 million (C$42.3 million) investment portfolio of shares in ASX-listed and unlisted companies across the resources and technology (3D printing) sectors Number of Novo Value Value Ticker shares held interest A$'000 C$'000 ASX-listed
Slide 27: 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 28: 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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