Novo Resources Corp.

HIGHLIGHTS Ongoing aircore (“AC”) drilling at Novo’s 100%-owned flagship Becher Project continues to deliver promising results, with over 10,000 m of the planned Q2 2023 20,000 m program complete.Becher is located in the northern section of the Egina Gold Camp 28 km along trend from De Grey Mining Limited’s 10.6 Moz Au (JORC 2012)1 Mallina Gold Project.Drilling is being completed on intrusion-related and structural gold targets generated from the 2022 program2 which identified an initial priority focus area of ~20 sq km at the Heckmair, Irvine and Whillan...

HIGHLIGHTS +20,000 m aircore (“AC”) drilling program underway in the northern Egina Gold Camp at Novo’s flagship Becher Project, located in the Pilbara, Western Australia.Becher is situated adjacent to De Grey Mining Limited’s 10.6 Moz Au (JORC 2012)1 Mallina Gold Project and 2.5 km south of their new Withnell South discovery2.New results from 1 m split re-assay AC samples closely mirror intercepts from previously reported composite samples3 and include high grades of: 1 m @ 7.27 g/t Au from 9 m (F0632) at the intersection of the Irvine and Heckmair trends...

HIGHLIGHTS Acquisition of remaining 50% interests in the adjacent Queens and Malmsbury gold joint ventures which comprise the Belltopper gold project in the prolific Bendigo Tectonic Zone of Australia’s Victorian Goldfields is now completeA$0.75 million cash paid and 2,088,554 common shares (with a contractual 12-month hold period) issued to Kalamazoo Resources (ASX:KZR) worth approximately A$0.75 million for its 50% joint venture interest in the Queens projectA$1 million cash and 4,037,872 common shares (with a contractual 12-month hold period) and 2,018,936 common share purch...