Novo Resources Corp. · TSX:NVO

Novo Resources — Investor Presentation (November 2026)

39 slides from Novo Resources's investor presentation, Nov 10, 2026

  1. Slide 1: Discovery Driven Australian Explorer

    DISCOVERY DRIVEN AUSTRALIAN EXPLORER rsonal use only Unlocking value through discovery and development of gold and copper projects November 2026 Au Cu Ag Sb ASX: NVO TSX: NVO OTCQB: NSRPF www.novoresources.com

  2. Slide 2: Cautionary Statement

    Cautionary Statement Nature of this document: This presentation is of a summary form only and therefore contains general background has been rescinded. As a result of the adoption of the SEC Modernization Rules, the SEC now recognizes estimates of information about Novo Resources Corp (Novo or the C

  3. Slide 3: Exploration Focused, Discovery Driven

    Exploration Focused, Discovery Driven Tier-1 Australian Strong Funding Building a Stronger, Proven Leadership rsonal use only Exploration Portfolio Supports Strategy Diversified Portfolio Team Dual listed Australian Liquid investment Project generation Globally experienced gold, antimony and portfol

  4. Slide 4: Strategy Focused on Shareholder Value

    Strategy Focused on Shareholder Value Discovery Focus Focused discovery of standalone gold and copper projects that demonstrate > 1 Moz Au (equivalent) Strategy focused on optimal value accretion stages of discovery rsonal use only development potential and development Development Focus HIGH Develop

  5. Slide 5: Long Term Investments and Supportive Register

    Long Term Investments and Supportive Register Novo Current Top Shareholders % Shares on Issue 432M Northern Star Ltd 9.87% Common Shares - TSX 295M Max & Gaylene Munday 5.06% rsonal use only CDIs - ASX 137M IMC (Singapore) 4.69% Market Capitalisation A$31.5M Mark Creasy/Creasy Group 3.58% Cash A$8.5

  6. Slide 6: Board and Management

    Board and Management Dr. Quinton Hennigh Mr. Michael Spreadborough rsonal use only Non-Executive Co-Chairman & Director Executive Co-Chairman & Director Denver, CO, USA Perth, WA, Australia Mr. Greg Jones Mrs. Karen O’Neill Independent Director Independent Director Sydney, NSW, Australia Perth, WA,

  7. Slide 7: High Quality, Multi-District Exploration Portfolio

    High Quality, Multi-District Exploration Portfolio BALLA BALLA POLYMETALLIC Au Ag Cu Sb PROJECT Early-stage polymetallic targets rsonal use only generated in 2025 with maiden RC drilling planned subject to heritage approval TOOLUNGA COPPER-GOLD Cu Au TIBOOBURRA GOLD PROJECT Au PROJECT Manhattan Corp

  8. Slide 8: High Quality, Multi-Project Exploration Portfolio

    High Quality, Multi-Project Exploration Portfolio Greenfields Advanced rsonal use only Greenfields Advanced Exploration Advanced Resource Toolunga Copper-Gold Project Wyloo Polymetallic Cu Au Belltopper Gold Project Project Ag Sb Au Zn Au Project Generation Teichman Gold Project Strategy Au Egina Go

  9. Slide 9: Near Term Exploration Program Delivers Catalyst

    Near Term Exploration Program Delivers Catalyst Western Australia New South Wales rsonal use only Wyloo Tibooburra • Grid based soil sampling program completed, • 2,700 m RC program for Q4 2026 targeting down results pending dip and down-plunge shoots at Clone prospect • Planning for a 2,500 m RC pr

  10. Slide 10: High Quality, Multi-Project Exploration Portfolio

    HIGH QUALITY, MULTI-PROJECT EXPLORATION PORTFOLIO rsonal use only

  11. Slide 11: Pilbara, Western Australian Portfolio

    Pilbara, Western Australian Portfolio Prospective Pilbara Landholding rsonal use only Novo Resources Corporate Presentation | November 2026 11

  12. Slide 12: Wyloo Polymetallic Project

    Wyloo Polymetallic Project Hydrothermal Alteration System Emerging project that ranks highly for antimony rsonal use only and silver potential, with a maiden RC program confirming the presence of a significant hydrothermal alteration system: a common indicator for economic precious and base metal re

  13. Slide 13: Wyloo Polymetallic Project: Wyloo Southeast

    Wyloo Polymetallic Project Wyloo Southeast The maiden RC drill program at Wyloo SE was completed consisting of 16 holes for 2,615 m, testing rsonal use only a high-grade polymetallic vein system, potential stratabound mineralisation, and a large fault zone immediately south of the main target area R

  14. Slide 14: Egina Gold Project

    Egina Gold Project Strategic Position in Mallina Basin - Hemi Gold Project Northern Star Resources Ltd (Northern Star) rsonal use only (ASX: NST) informed Novo that they were withdrawing from the earn-in under the Egina Earn-In and Joint Venture Agreement All geological data for the Egina Gold Proje

  15. Slide 15: Egina Gold Project: Structural Targets

    Egina Gold Project Structural Targets Analogous to the Hemi Gold Project Novo geological team to undertake a revised rsonal use only assessment of the geological prospectivity with litho-geochemical and structural assessment of targets in the Mallina Basin. The Mallina Basin hosts a series of Archea

  16. Slide 16: Egina Gold Camp: Teichman Project

    Egina Gold Camp Teichman Project The Egina Gold Camp is located immediately SW of the Egina Gold Project rsonal use only tenements returned by NST. It forms the Croydon JV between Novo (70%) and Runnel Holdings Pty Ltd (30%) - a Mark Gareth Creasy (Creasy Group) entity The Egina Gold Camp covers ~80

  17. Slide 17: Egina Gold Camp: Teichman Project

    Egina Gold Camp Teichman Project Mapping covered a ~1.7 km trend at Pride, ~1.0 km trend at Teichman, and additional reconnaissance across Cu Anomaly and Mountain rsonal use only Maid prospects. Both trends are open undercover to the south Exceptional rock-chip assay results from several prospects3

  18. Slide 18: Toolunga Copper-Gold Project

    Toolunga Copper – Gold Project Significant Greenfields IOCG Exploration Targets rsonal use only Ground consolidation by Novo during 2024 to 2026 has secured a strategic landholding of ~2,242 sq km in the Onslow District Highly prospective under-explored Terrain, with substantial areas of untested sh

  19. Slide 19: Toolunga: High Potential Priority Targets

    Toolunga Copper – Gold Project High Potential Priority Targets Lobster rsonal use only • 8 x 4 km magnetic–gravity complex • WMC drilled the core with < 20 holes to 90 m depth • 2 m @ 0.3% Cu at 80 m (WMC 1996)1,* • Potassic alteration encountered • New Application submitted in 2026 Ironstone Bore •

  20. Slide 20: Toolunga: Lobster Target

    Toolunga Copper – Gold Project Lobster Target • Part of a 4 x 8 km magnetic complex rsonal use only identified in the 1990’s • Coincident magnetic and gravity anomalies • Partially tested by WMC in 1990’s drilling 42 RC holes to a maximum depth of 132 m (average 65 m) • Best result 2 m @ 0.3% Cu1,*

  21. Slide 21: Toolunga: Ironstone Bore Target

    Toolunga Copper – Gold Project Ironstone Bore Target • Located 2 km north-west of the historic Turtle high grade copper mine along the same structural corridor rsonal use only • Three priority magnetic highs within a complex magnetic anomaly • Shallowest depth to magnetic source modelled at 200 m •

  22. Slide 22: Toolunga: Mount Minnie Target

    Toolunga Copper – Gold Project Mount Minnie Target • 3D magnetic inversion completed by geophysical consultants Core Geophysics has defined stronger rsonal use only magnetic responses within the region • Western most magnetic unit is evident as a coherent model approximately 1.5 km in length • The s

  23. Slide 23: West Pilbara District: Balla Balla Project

    West Pilbara District Balla Balla Project An early-stage exploration project centered on the fertile rsonal use only Sholl Shear Zone and associated structures Prospective for intrusion related and structurally hosted gold mineralisation in the Mallina Basin and intrusion related polymetallic minera

  24. Slide 24: Victoria Portfolio: Belltopper Gold Project

    Victoria Portfolio Belltopper Gold Project rsonal use only Belltopper Gold Project with regional existing and historical mineral resources* Refer slide 38 for source documents Novo Resources Corporate Presentation | November 2026 * No assurance can be given that Novo will achieve similar results at

  25. Slide 25: Belltopper: High Grade Multi-Reef System

    Belltopper Gold Project High Grade Multi-Reef System Located ~60 km south of Agnico Eagle’s Fosterville Gold Mine in the Bendigo Tectonic Zone, where over 60 Moz Au have been produced historically rsonal use only Belltopper displays characteristics of the epizonal orogenic gold deposit class compara

  26. Slide 26: Belltopper: Drilling and Historical Mining Supports Mineralisation

    Belltopper Gold Project Drilling and Historical Mining Supports Mineralisation All reefs forming part of the updated 2026 Exploration rsonal use only Target have some degree of historic mining and/or exploration development, albeit minor on the Leven Star Reef itself. The most significant mining occ

  27. Slide 27: Belltopper: 2026 Exploration Target

    Belltopper Gold Project 2026 Exploration Target: High Grade and Extensive rsonal use only An updated 2026 Exploration Target was completed, based on the latest in-depth review 2026 Low Case High Case of the local geology, historical data, and Exploration Target (approximation) (approximation) previo

  28. Slide 28: Belltopper: Leven Star Inferred Mineral Resource Estimate

    Belltopper Gold Project Leven Star Inferred Mineral Resource Estimate (MRE) A maiden Inferred Mineral Resource Estimate of 760,000 tonnes at 3.6 g/t Au rsonal use only for 87,000 oz contained gold is reported for the Leven Star Reef within the Belltopper Gold Project, as of 9 June 20267. The Leven S

  29. Slide 29: NSW Portfolio: Tibooburra

    NSW Portfolio Tibooburra Advanced Stage Exploration Project rsonal use only Novo Resources Corporate Presentation | November 2026 29

  30. Slide 30: Tibooburra Gold District

    Tibooburra Gold District Large mineralised gold system Tibooburra covers much of the historic Albert Goldfield*: rsonal use only • Project area expanded to 1,125 sq km, including newly granted Exploration Licenses EL9900 & EL9867 (Novo 100%) and six granted Exploration Licenses held under a Joint Ve

  31. Slide 31: Tibooburra: Clone Target 2,700 m RC program

    Tibooburra Gold District Clone Target– 2,700 m RC program rsonal use only Clone Target • Assay results from Novo’s maiden RC drilling program at Clone coupled with downhole televiewer surveys and hyperspectral analysis indicate a shallow NNW plunging shoot open at depth • New drilling will test the

  32. Slide 32: Tibooburra: Regional Targeting and Pioneer Prospect

    Tibooburra Gold District Regional Targeting and Pioneer Prospect rsonal use only Regional Targeting • Regional stream sediment and targeted soils, mapping and rock chip sampling completed in Q3 2026. • The program was designed to help understand the distribution and genesis of gold mineralisation in

  33. Slide 33: Exploration Focused, Discovery Driven

    Exploration Focused, Discovery Driven Tier-1 Australian Exploration District-scale Exploration Strong Funding Supports Company Projects Strategy rsonal use only • Dual listed on TSX and ASX • Belltopper Gold Project – • A$8M cash position extensive 2026 Exploration • Gold, antimony and copper Target

  34. Slide 34: Additional Information

    ADDITIONAL INFORMATION rsonal use only

  35. Slide 35: Novo News Releases

    Novo News Releases Date Released to ASX Date Released to TSX Description 1 22 July 2026 21 July 2026 Drilling of High Priority Targets at Wyloo Completed rsonal use only 2 4 September 2025 3 September 2025 Drilling Commences at Sherlock Crossing Gold-Antimony Project 3 11 November 2025 10 November 2

  36. Slide 36: Cautionary Statement: Northern Star Information

    Cautionary Statement Northern Star (ASX : NST) Information rsonal use only Northern Star Hemi Global Mineral Resource Estimate details are reported below. Refer to Northern Star’s ASX Announcement, dated 3 June 2026, for further details. Measured Indicated Inferred Total Operation Mt Au g/t Au koz M

  37. Slide 37: JORC Compliance Statements

    JORC Compliance Statements Previous Exploration Results The information in this news release that relates to previously reported exploration results at Novo’s projects is extracted from each of the Novo announcements referred to in endnotes 1 – 5 and 8 to 9, each of which were released to ASX and ea

  38. Slide 38: References

    References See the following for source documents in relation to the historical gold production figures (refer slide 24) for Bendigo, Fosterville, Costerfield, Castlemaine, Ballarat, Sunday Creek and Comet. rsonal use only • Wilson, C. J. L., Moore, D. H., Vollgger, S. A., & Madeley, H. E. (2020). S

  39. Slide 39: Contact

    rsonal use only NORTH AMERICA CONTACT: AUSTRALIA CONTACT: Telephone: +1-416-543-3120 Telephone: +61-419-329-687 Email: leo@novoresources.com Email: mike.spreadborough@novoresources.com www.novoresources.com ASX: NVO / TSX: NVO / OTCQB: NSRPF

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