Novo Resources Corp. · TSX:NVO
Novo Resources — Shareholder Meeting (October 2023)
23 slides from Novo Resources's shareholder meeting presentation, Oct 31, 2023
Slide 1: Leading Pilbara Gold Explorer
LEADING PILBARA GOLD EXPLORER Exploration Focused - Discovery Driven For additional information, please refer to: AGM Management Review October 2023 Corporate Presentation on 31 OCTOBER 2023 our website: novoresources.com ASX: NVO / TSX: NVO / OTCQX: NSRPF AGM Management Review: 31 October 2023 www.
Slide 2: Cautionary Statement
Cautionary Statement Summary Only Cautionary Note Concerning Technical Disclosure and U.S. Securities Laws This presentation is of a summary form only and therefore contains general background information which may not be complete. It should This presentation has been prepared in accordance with 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: Dedicated Focus to Delivering Value
Dedicated Focus to Delivering Value “We embrace innovation to responsibly transform minerals for the benefit of our stakeholders” Embrace Rapid adoption of innovative solutions to maximize opportunities and increase innovation effectiveness and efficiency Monetizing mineral inventory through Transfo
Slide 5: ASX Dual Listing Completed
ASX Dual Listing Completed • Trading on ASX commenced 11 September 20231 • A$7.5 million IPO offer was over subscribed and closed early • IPO received significant demand from sophisticated and institutional investors across Australia • ASX listing will make it easier for Australian domiciled investo
Slide 6: Novo Corporate Structure
Novo Corporate Structure Novo Current Substantial Shareholders % Shares on Issue 341.9M De Grey Mining Ltd 10.3% Market Capitalisation A$67.9M IMC (Singapore) 6.0% Cash1 A$15.6M Liatam Mining Pty Ltd 3.7% Marketable Securities A$29.1M Mark Creasy/Creasy Group 3.5% Debt - First Sentier Investors (Aus
Slide 7: 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 Mr. Michael Barrett Mr. Ross Hamilton Mr. Greg Jones Lead Independent Director Independent Director Independent
Slide 8: Extensive Pilbara Landholding
Extensive Pilbara Landholding • ~9,000 sq km of highly prospective ground in a leading mining province • Reconnaissance work identified key gold targets for drilling in H2 2023 and 2024, including Becher (Egina JV), Nunyerry North, and at Balla Balla • Lithium Strategic Partnership with Liatam Minin
Slide 9: Becher Results Support Growth Potential
Becher Results Support Growth Potential • Novo completed over 60,000 m of aircore drilling1 • Drilling generated significant gold and multi-element assay results • Large priority area of mineralisation across some 5 sq km was defined around the Heckmair, Whillans and Irvine prospects • Geological ho
Slide 10: De Grey Investment & Earn-in/JV
De Grey Investment & Earn-in/JV • Exciting exploration and development potential of Becher recognised by De Grey through Egina JV and committed financial investment into the Project • De Grey Mining (ASX: DEG) is a +A$2B Western Australian1 gold developer • De Grey completed a A$10 million investmen
Slide 11: Southern Egina Gold Camp
Southern Egina Gold Camp • The southern portion of the Egina Gold Camp forms a contiguous group of tenements covering approx. 1,000 sq km • Complex, fertile structural corridors trend for over 60 km throughout this tenure and strike towards the Becher Project in the northeast • Mineralisation alread
Slide 12: Nunyerry North – Compelling New Project
Nunyerry North1 – Compelling New Project • Novo delineated a > 1.4 km strike of high tenor gold anomalism • Maiden RC drill program completed - ~2,300 m in 30 holes • Drilling tested structurally controlled high priority gold targets and extensive high tenor gold in soil anomalies2 • Significant zon
Slide 13: Balla Balla Gold Project
Balla Balla Gold Project • Over 1,200 km sq of tenements, merged across a strike length of > 100 km • Emerging exploration project, targeting interpreted fertile structural corridors under shallow cover, centered on the Sholl shear corridor and associated structures • Prospective for intrusion and s
Slide 14: Belltopper Gold Project
Belltopper Gold Project1 • 100% owned by Novo following acquisition of remaining 50% interests in the Malmsbury and Queens Projects • Belltopper displays characteristics of the epizonal orogenic gold deposit class comparable to Fosterville • Significant results from 2022 diamond drilling (hole MD16)
Slide 15: Pilbara Battery Metals Portfolio Value
Pilbara Battery Metals Portfolio Value • West Pilbara Battery Metal Tenements (~ 240 sq km) divestment process underway • Tenements adjacent to Azure Minerals (ASX: AZS) Andover Lithium and Ni-Cu Project and Artemis Resources (ASX:ARV) Carlow Castle Au-Cu-Co Project2 • Strategic Lithium Partnership
Slide 16: 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 operations. Operating with Integrity: We believe str
Slide 17: Discovery Plan Implementation
Discovery Plan Implementation1 BALLA BALLA GOLD EGINA GOLD CAMP BELLTOPPER PROJECT EAST PILBARA PROJECT BECHER (De Grey JV)2 DATA ACQUISITION TARGETING DRILL PROGRAM • Earn-in leading to Egina JV to • Review of geophysical and • Integrated 3D geology and • ~2,000 m RC drilling to test continue disco
Slide 18: The Right Building Blocks for Success
The Right Building Blocks for Success Driving towards exploration discovery across a high-quality project portfolio All the ingredients to define standalone gold De Grey recognises the potential of Becher projects with> 1 Moz development potential Project • Tier-one cornerstone investor and explorat
Slide 19: Thank You – Q and A Session
THANK YOU – Q AND A SESSION 19
Slide 20: Technical Information
TECHNICAL INFORMATION 20
Slide 21: Beatons Creek Mineral Resource
Beatons Creek Mineral Resource Table 1. Total Mineral Resources: optimized open pit oxide and fresh. Cut-off Grade Tonnes Grade Troy Ounces Au Reference should be made to the Classification (g/t Au) (t) (g/t Au) Company’s news release dated November 2, 2022, as well as the Indicated 0.5 3,050,000 2.
Slide 22: Cautionary Statement De Grey Mining (ASX: DEG) 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 23: North America and Australia Contacts
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