Novo Resources Corp. · TSX:NVO
Novo Resources — Corporate Update (December 2021)
17 slides from Novo Resources's corporate update, Dec 13, 2021
Slide 1: Beatons Creek Mining Study Delivers Optimized Five Year Mine Plan
Beatons Creek Mining Study Delivers Optimized Five Year Mine Plan 13 December 2021 TSX: NVO / OTCQX: NSRPF
Slide 2: Cautionary Statement
Cautionary Statement Cautionary Note to U.S. Investors any one or more forward-looking statements, no inference should be drawn that the Company will make additional updates with respect to This presentation does not constitute an offer to sell or a solicitation of an offer to buy any securities in
Slide 3: The Novo Proposition
The Novo Proposition • Innovative gold producer with significant exploration upside through large Western Australia landholding • Production of 36.5 koz1 at Beatons Creek conglomerate gold project from February ‘21 inception through Q3 ‘21 • Excellent, long-term growth upside through highly- prospec
Slide 4: The Novo Purpose
The Novo Purpose Rapid adoption of innovative Embrace solutions to maximize opportunities innovation and increase effectiveness and efficiency Monetizing mineral inventory through Transform exploration, development, production minerals and commercial arrangements, either wholly or in partnership wit
Slide 5: Pilbara Gold Producer and Significant Landholder
Pilbara Gold Producer and Significant Landholder East Pilbara Project Karratha Gold Project Egina Project South Pilbara Project “Premium and largest Pilbara exploration landholding” Mining Review Delivers Optimized Five Year Mine Plan | December 2021 5
Slide 6: Extensive Nullagine Gold Project Infrastructure
Extensive Nullagine Gold Project Infrastructure 1.5 Mtpa nameplate capacity (operating at 1.8 Mtpa) Gold conventional gold gravity/CIL processing facility, 4MW SAG Processing mill, on-site laboratory, 10MW Facility power station, fully permitted TSF. Facility able to process mechanical sorter produc
Slide 7: Pilbara Gold Production Strategy
Pilbara Gold Production Strategy Conglomerate gold Beatons Creek projects > 100 km from Conglomerate Gold Golden Eagle suitable for Project mechanical sorting, with First gold pour Feb 2021 key focus being the with five-year mine plan Golden Eagle Comet Well and Purdy’s to 2026 Reward deposits Proce
Slide 8: Beatons Creek Conglomerate Gold Project
Beatons Creek Conglomerate Gold Project • 457 koz Au indicated resources @ 2.1 g/t Au and 446 koz Au inferred resources @ 3.2 g/t Au1 • First gold pour in February 2021 • Open pit contract mining, with mill feed trucked 14 km for processing through Golden Eagle Processing Facility ~9.5km; 14km haul
Slide 9: Beatons Creek Oxide Production Optimization
Beatons Creek Oxide Production Optimization • Closer-spaced grade control drilling has provided more certainty for mine forecasting, allowing more selective mining to occur and enabling mining to a cut-off grade of 0.8 g/t Au • Revised mining approach based on closer-spaced grade control drilling is
Slide 10: Beatons Creek Fresh Mining
Beatons Creek Fresh Mining • Mining of the Beatons Creek free-milling Fresh Resource targeted to commence in Q3 2022 and continue through 2026, subject to the timely receipt of approvals from DMIRS, DWER, and (if required) the Western Australian Environmental Protection Authority (“EPA”)1 • Beatons
Slide 11: Golden Eagle Deposit
Golden Eagle Deposit • The Golden Eagle deposit, adjacent to the Golden Eagle Mill, may be used for a transitional period of production as preparations are completed for the Beatons Creek Fresh resource, depending on timing of Beatons Creek Fresh mining approvals1 • Currently undertaking a program o
Slide 12: Focused Aggressive Exploration Growth Strategy
Focused Aggressive Exploration Growth Strategy Significant exploration upside, focused on growing gold resources to > 2Moz Priority 1 Priority 2 Direct mill feed within 50 km of Golden Conglomerates suitable for mechanical Gold Conglomerates Eagle Processing Facility through extension sorting and co
Slide 13: Significant Strategic Investments
Significant Strategic Investments1 New Found Gold2 (TSXV: NFG) 15M common shares Kalamazoo, E3D, $6.6 $3.1 Elementum 3D3 (Unlisted) Kalamazoo Resources GBM, $1.3 2M common shares (ASX: KZR) 10M common shares Portfolio value* as at Dec 13 ‘21: GBM Resources (ASX: GBZ) C$119M4 11.3M common shares & 5.
Slide 14: Value Focused, Strategy Driven
Value Focused, Strategy Driven An innovative gold producer focused on establishing a 250koz Au annual operation by 2026 Advancing critical ESG objectives with a key focus on becoming a sector leading performer Exciting mix of production and exploration assets, with significant upside through premium
Slide 15: Appendices
Novo APPENDICES \
Slide 16: Appendix – Beatons Creek Mineral Resource
Appendix – Beatons Creek Mineral Resource Reference should be made to the Company’s news release dated March 31, 2021, as well as the technical report entitled “Preliminary Economic Assessment on the Beatons Creek Gold Project, Western Australia” with an effective date of February 5, 2021, which was
Slide 17: For More Information Contact
FOR MORE INFORMATION CONTACT: Telephone: +1-416-543-3120 E-mail: leo@novoresources.com www.novoresources.com