Novo Resources (NSRP.F) Corporate presentation summary

Strategic positioning and portfolio overview

• Holds a dual-listed, tier-1 Australian gold and copper exploration portfolio with projects in Victoria, Western Australia, and New South Wales, focusing on high-quality, multi-district greenfields and advanced exploration assets.

• Strategic investments, notably in San Cristobal Mining, have delivered strong returns and dividends, supporting portfolio growth and diversification.

• Maintains a robust financial position with A$50M cash, A$20.8M in liquid marketable securities, and no debt, with significant tax losses available for future project offsets.

Key exploration projects and priorities

• Belltopper Gold Project in Victoria features an updated 2026 Exploration Target, increasing contained ounces by 44% (low case) and 54% (high case), with drilling planned for H2 2026.

• Pilbara portfolio includes the Wyloo antimony-silver project (maiden drilling Q2 2026), Balla Balla polymetallic project (infill drilling Q2 2026), and Egina Gold Camp (Teichman Project, RC drilling Q3 2026).

• Egina JV with Northern Star Resources allows NST to earn 50% by spending A$17M by June 2027, covering highly prospective Mallina Basin tenure.

• New South Wales projects include Tibooburra (high-grade gold, multiple mineralised trends) and John Bull (1.5 km gold-in-soil anomaly, advanced drill targets).

Exploration results and technical highlights

• Wyloo SE rock chip sampling returned up to 482 g/t Ag, 1.29% Sb, and 0.93 g/t Au; strong multi-element soil anomalies defined.

• Balla Balla AC drilling delineated broad gold anomalism and significant multi-element results, indicating hydrothermal activity.

• Teichman Project rock chips yielded up to 77.5 g/t Au, 9.3 g/t Ag, and 0.59% Cu, with multiple high-grade prospects mapped.

• Tibooburra drilling at Clone delivered 12 m @ 5.90 g/t Au and 17 m @ 2.40 g/t Au, with Pioneer South rock chips up to 19.8 g/t Au.

• John Bull RC drilling intersected 68 m @ 1.0 g/t Au and 94 m @ 0.95 g/t Au, with mineralisation open in all directions.