Novo Resources (NSRP.F) Corporate Presentation summary

Strategic focus and portfolio overview

• Pursues discovery and development of standalone gold and copper projects with >1 Moz Au (equivalent) potential, emphasizing shareholder value through optimal accretion stages of discovery and development.

• Maintains a diversified portfolio across Australia, including greenfields to advanced exploration assets in Western Australia, New South Wales, and Victoria.

• Aggressive exploration with continuous drill programs and a dedicated project generation program to identify advanced gold and copper assets.

• Strong balance sheet with A$11M cash and A$37M in investments, supporting ongoing exploration and project generation.

• Board and management team with global experience and a track record of exploration and development success.

Key projects and exploration highlights

• John Bull (NSW): Advanced exploration with a 1.5 km gold-in-soil anomaly, significant RC drill results (e.g., 94m @ 0.95g/t Au), and four key targets for follow-up drilling.

• Tibooburra (NSW): Covers historic Albert Goldfield, multiple high-grade trends, and recent RC drilling at Clone delivering up to 12m @ 5.90g/t Au; new targets at Pioneer with rock chips up to 39.9g/t Au.

• Belltopper (Victoria): Targets Fosterville-style mineralization, with an exploration target of 320–570 koz Au at 6.6–8.4g/t, and multiple drill-ready targets defined for 2025.

• Pilbara/Onslow: ~6,800 sq km landholding, including Egina JV with Northern Star (A$18M earn-in), Teichman Project with high-grade rock chips (up to 77.5g/t Au), and Sherlock Crossing with RC drilling confirming Au-Sb mineralization.

• Toolunga (Onslow): 1,520 sq km consolidated ground targeting IRG, porphyry, and IOCG systems, with several old mining centers and geochemical anomalies.

Market fundamentals and investment position

• Gold price reached all-time highs (~US$4,000/oz), up ~94% since early 2024; copper price up ~28%, with tight supply and strong demand from electrification trends.

• Australia remains a tier-one jurisdiction for gold and copper exploration, with significant potential for new discoveries.

• Investment portfolio valued at A$37M, including stakes in San Cristobal Mining, Elementum 3D, Kalamazoo Resources, and Kali Metals.

• Top 10 shareholders hold 33% of the register, with Northern Star Ltd as the largest at 10%.