Novo Resources (OTCPK:NSRP.F) Earnings Call Presentation

Company Overview - Novo Resources Corp is focused on discovering standalone gold and copper projects with > 1 Moz Au (equivalent) development potential[16, 18] - The company has a diversified portfolio of exploration and development assets across leading mining provinces in Australia[16] - Novo has a strong balance sheet with approximately A$11 million in cash and A$37 million in investments[28, 99] Financials and Shareholder Structure - Novo's market capitalization is A$58 million with an enterprise value of A$46 million[28] - Top shareholders include Northern Star Ltd (100%), Liatam Mining Pty Ltd (62%), and IMC (Singapore) (57%)[28] - The company holds a portfolio of marketable securities valued at A$37 million, including shares in San Cristobal Mining Inc (A$21 million), Elementum 3D (A$14 million), Kalamazoo Resources (A$2 million), and Kali Metals (A$01 million)[29] Project Highlights - John Bull Gold Project (NSW): Features a 15 km long gold in soil anomaly with samples reporting > 45 g/t Au[43] - Tibooburra Gold Project (NSW): Historic drill results include 16 m @ 1389 g/t Au from 1 m[49] - Belltopper Gold Project (Victoria): Exploration Target range of 320 koz to 570 koz Au[62] - Teichman Project (Pilbara): Rock-chip assay results include 775 g/t Au, 93 g/t Ag, and 024% Cu at Pride NNE[73] - Sherlock Crossing (Pilbara): Scout RC drilling returned peak results of 3 m @ 296 g/t Au and 186% Sb from 108 m[80] Market Context - The gold spot price recently hit all-time highs of US$4,000 and is currently trading ~US$3,985[27] - Since the start of 2024, the gold price has increased by ~94% and the copper price has increased by ~28%[27]