Novo Resources Corp.

4

Canada & British Columbia Vancouver

1075 West Georgia Street, Suite 1980

+1 604 688-9588

novoresources.com

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Company Press Releases

Novo Completes Acquisition of Mt. Elsie Project

VANCOUVER, British Columbia, July 10, 2020 (GLOBE NEWSWIRE) -- Novo Resources Corp. (“Novo” or the “Company”) (TSX-V: NVO; OTCQX: NSRPF) is pleased to announce that it has completed the acquisition of three exploration licences (the “Mt. Elsie Project”) comprising an area of approximately 19 km2 located 75 km north-east of the town of Nullagine, Western Australia and adjacent to numerous Novo wholly-owned tenements (please see the Company’s news release dated June 11, 2020). The Company has issued an aggregate 324,506 common shares (t...

Systematic Sampling at Novo's Egina Mining Lease Yields Positive 'MAK' Gold Results

VANCOUVER, British Columbia, July 08, 2020 (GLOBE NEWSWIRE) -- Novo Resources Corp. (“Novo” or the “Company”) (TSX-V: NVO; OTCQX: NSRPF) is pleased to report positive mobile alluvial Knudson (“MAK”) sampling results from across its 100% owned Egina mining lease, M47/560, indicating widespread gold potential within terrace gravels. The Egina mining lease is a small part of the Company’s overall terrace holdings, representing approximately 5 sq km out of nearly 2,500 sq km, but these systematic sample results provide an encouraging pictu...

Novo Signs Binding Terms Sheet With Mark Creasy and Consolidates 2,900 sq km of Prospective Pilbara Tenure

VANCOUVER, British Columbia, June 15, 2020 (GLOBE NEWSWIRE) -- Novo Resources Corp. (“Novo” or the “Company”) (TSX-V: NVO; OTCQX: NSRPF) is pleased to announce that it has entered into a binding terms sheet (the “Terms Sheet”) with Mark Creasy and entities controlled by him (collectively, the “Creasy Group”) pursuant to which Novo will consolidate sole ownership of 510km2 of existing tenure and acquire ownership of an additional 2,390km2 of highly prospective new tenure in the Pilbara region of Western Australia (the “Tra...

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