Conglomerate Gold in the Pilbara A World Class Discovery...Update, Beatons Creek Conglomerate Gold Project, Western Australia” issued on May 13, 2019, which was prepared for Novo

This document is for information purposes only and is not an offer to sell, nor a solicitation of an offer

to purchase, any securities. It does not purport to contain all of the information that a prospective

investor may require and it is not intended to provide any legal, tax or investment advice.

Tumazos Conference – June 19-20, 2019

Conglomerate Gold in the Pilbara – A World Class Discovery

TSX-V: NVO / OTCQX: NSRPF

TSX-V : NVO|OTCQX: NSRPF

Some statements in this presentation contain forward-looking information (within the meaning of Canadian securities

legislation), including without limitation statements as to the potential, through further drilling, to expand and upgrade to the

indicated category the inferred resources described in this presentation, and that a preliminary economic assessment will

be undertaken later this year. These statements address future events and conditions and, as such, involve known and

unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements to be

materially different from any future results, performance or achievements expressed or implied by the statements. Such

factors include, without limitation, the ability to complete the drilling programs and other exploration activities as currently

contemplated, the receipt of successful results as drilling proceeds, customary risks of the mineral resources exploration

industry as well as Novo Resources Corp. (“Novo” or the “Company”) having sufficient cash to fund the planned drilling and

other activities, as well as other risks and factors mentioned in the continuous disclosure filings of Novo which can be found

under its profile on the SEDAR website (www.sedar.com).

Shareholders and prospective investors are therefore cautioned not to place undue reliance on forward-looking information.

Novo undertakes no obligation to update publicly or otherwise revise any forward-looking information whether as a result of

new information, future events or other such factors which affect this information, except as required by law.

Dr. Quinton Hennigh, the Company’s Chairman, President and Director and a Qualified Person as defined by National

Instrument 43-101, has approved the technical contents of this presentation.

This presentation uses the term "inferred resources." We advise U.S. investors that while this term is recognized and

required by Canadian regulations, it is not recognized by the U.S. Securities and Exchange Commission. "Inferred

resources" have a great amount of uncertainty as to their existence, and great uncertainty as to their economic and legal

feasibility. It cannot be assumed that all or any part of an "inferred mineral resource" will ever be upgraded to a higher

category. Under Canadian rules, estimates of "inferred mineral resources" may not form the basis of a feasibility study or

prefeasibility studies. U.S. investors are cautioned not to assume that any part or all of an inferred resource exists or

is economically or legally mineable.

2

http://www.sedar.com/

TSX-V : NVO|OTCQX: NSRPF 3

SharesOutstanding (Basic)

• 178.8 M

Market Cap(Basic)

• C$402 M (based on June 17, 2019 closing price of C$2.25)

Options Outstanding

• 11.3 M (avg. exercise price of C$3.23)

Warrants Outstanding

• 14 M (exercise price of C$6.00)

SharesOutstanding (Fully Diluted)

• 204.1 M

Balance Sheet • ~C$47 M cash, no debt

Ownership

Free float, 50.18%

Management & Directors, 14.96%

Creasy Group, 6.70%

Kirkland Lake Gold, 16.68%

Newmont Goldcorp, 3.32%

Institutional, 8.16%


TSX-V : NVO|OTCQX: NSRPF5


Pilbara Conglomerates

Egina

Comet Well – Purdy’s Reward

Beaton’s Creek


Pilbara Gold





Reference should be made to the Company’s news releases dated April 1, 2019, as well as the technical report entitled “NI 43-101 Technical Report, Mineral Resource Update, Beatons Creek Conglomerate Gold Project, Western Australia” issued on May 13, 2019, which was prepared for Novo by Dr. Simon C. Dominy (FAusIMM (CPGeo)) of Surrey, UK and Dr. Quinton T. Hennigh (P. Geo.) of Longmont, USA. This technical report is available under the Company’s profile on the SEDAR website at www.sedar.com (filing date: May 13, 2019) and on the Company’s website at www.novoresources.com.

https://www.globenewswire.com/Tracker?data=gAilbyLEQ_njeh3sME9IwmO4NjLx-fS7UwUj5bVA4Y6o-6DiRFkz0w7VmeBHUxBQTJJNHzqXj1vQTZexI_vy5Q==

https://www.globenewswire.com/Tracker?data=MlucxaRNLAJ8J5Fpn-v_8wzT3EZdE8eKJtbaus7Ma62ngZ6n9YBXkpR_b4K67GYfo2a3w6G-CJfbBS2nXwxQ6x1R-Ki7DKlyu1-bewqG73I=




2 mm

2 cm0.5 cm

2 cm



Bulk Sample Results

1.22-4.53 gpt Au

Upper Unit


Bulk Sample Results

1.4 m @ 6.06 gpt Au1.8 m @ 2.4 gpt Au

Lower Unit


Mechanical Rock Sorting


Mechanical Rock Sorting




Egina Geologic Model


Egina Terrace


First Bulk Sample


2019 Program


Station Peak Processing Area


Ground Penetrating Radar


Egina Bulk Sampling


TSX-V : NVO|OTCQX: NSRPF

Greenfield Exploration

30

Known gold-bearing conglomerates today

Pilbara Craton


FOR MORE INFORMATION CONTACT:

Telephone: 1-(416)-543-3120

E-mail: [email protected]

www.novoresources.com

Contact Information

mailto:[email protected]

Documents

Conglomerate Gold in the Pilbara A World Class Discovery...Update, Beatons Creek Conglomerate Gold Project, Western Australia” issued on May 13, 2019, which was prepared for Novo