NOVO RESOURCES CORP. Exploring Outside the Box CORPORATE - PowerPoint PPT Presentation

NOVO RESOURCES CORP. “Exploring Outside the Box” CORPORATE PRESENTATION www.novoresources.com CSE: NVO|OTCQX: NSRPF May 4, 2015 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.

NOVO RESOURCES CORP. Forward-Looking Information & Cautionary Note to U.S. Readers CSE: NVO|OTCQX: NSRPF CNSX: 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 Chief Executive Officer, 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

NOVO RESOURCES CORP. Company Overview CNSX: NVO|OTCQX: NSRPF CSE: NVO|OTCQX: NSRPF CSE:NVO I OTCQX: NSRPF Capital Structure (May 4, 2015):  Shares Outstanding: 61,776,798**  Options Outstanding: 1,260,000 (Directors, Officers, Employees and Consultants)  Issued Shares – Fully Diluted: 63,036,798  Management & Insiders: 46.64% of common shares  Cash: ~$4,014,430  Marketable Securities: $78,571 **These do not include shares issued in preparation for the closing of an asset acquisition which had not yet occurred as of the date of this presentation. Please see section 6 of the Issuer’s CSE Form 9 filed under the Issuer’s profile on the CSE website on February 2, 2015, for more details. 4.81% 28.75% Management & Insiders 53.36% Newmont Exploration Richmond Capital 13.09% Public Float 3 3

NOVO RESOURCES CORP. Management and Directors CNSX: NVO|OTCQX: NSRPF CSE: NVO|OTCQX: NSRPF Dr. Quinton Hennigh, PhD., P.Geo – CEO, President & Director Dr. Hennigh is an economic geologist with more than 20 years of exploration experience with major gold mining firms including Homestake Mining, Newcrest Mining and Newmont Mining. Dr. Hennigh is a director and technical advisor to Gold Canyon Resources Inc., Prosperity Goldfields Corp. and Precipitate Gold Corp. He holds a Ph.D. in Geology/Geochemistry from the Colorado School of Mines. Herrick Lau, MA, CFA – CFO & Director Mr. Lau has over 15 years of experience in corporate finance and public company management. He is Managing Director of Baron Global Financial Canada Ltd. Mr. Lau obtained his bachelor and master degrees in Business and Economics from Simon Fraser University. Mr. Lau is also a charter holder of the Chartered Financial Analyst designation. Akiko Levinson – Director Ms. Levinson brings over 20 years of experience in mining finance and end-to-end rare earth mineral investment. Ms. Levinson is President and Director of Gold Canyon Resources Inc. and a director of Jipangu Holdings Inc., a Japanese mining company listed on the JASDAQ. Luca Bechis – Director Mr. Bechis is a former partner of Egerton Capital, a major UK hedge fund. IN 2004, he founded Richmond Partners Ltd. to which he remains an advisor and largest investor. Over the last few years, Mr. Bechis has focused on restructuring several junior resource companies and recently privatized the majority of the assets of Noventa, a UK-listed company, and Gulf Industrials, an ASX-listed company. In addition to his duties as a director of the Company, Mr. Bechis is splitting his time between South Africa, where his family is based, and mining operations in Mozambique and Uganda. Mr. Bechis obtained a master’s in business administration with honours from Bocconi University in Italy and has over 25 years of experience in international capital markets. Leo Karabelas – VP, Corporate Communications Mr. Karabelas brings over 10 years of experience in capital markets and investor relations. He is President of Frontline Communications Investor Relations Inc. Headquartered in Toronto, his firm specializes in investor relations and corporate communication strategies to clients in the resources sector. Mr. Karabelas received his Bachelor of Commerce and Enterprise Development from Ryerson University. Simon Pooley, P.Geo – Lead Technical Advisor Mr. Pooley is a geologist with over 30 years of broad international experience encompassing roles in the corporate, mine development, operations, and exploration areas. He has held senior industry positions that have demonstrated leadership and management of base and precious metal exploration and mining operations, development of project assessment types including definitive/bankable feasibility studies and their conversion into mining operations and managed teams undertaking exploration evaluations and valuations. He is a member of the Australasian Institute of Mining and Metallurgy, the Australian Institute of Geoscientists and is a graduate of the Australian Institute of Company Directors. His career includes work for Dominion Mining, Ashton Mining and Rio Tinto covering commodities as diverse as gold, base metals, diamonds and industrial minerals. He has helped lead a number of mining operation start-ups from exploration through to construction and production. 4

NOVO RESOURCES CORP. Pilbara Gold Project CNSX: NVO|OTCQX: NSRPF CSE: NVO|OTCQX: NSRPF Gold in the Pilbara: Witwatersrand Basin  The ancient rocks of the Pilbara region have long been considered to have little prospectivity for large gold deposits Pilbara Same Scale Hamersley Basin  Yet, rocks of the Hamersley Basin share many similarities with those of the Witwatersrand Basin in South Africa, host to the largest gold field on Earth 5

NOVO RESOURCES CORP. Pilbara Gold Project CNSX: NVO|OTCQX: NSRPF CSE: NVO|OTCQX: NSRPF Gold in the Pilbara:  Novo Resources has target two areas, Beatons Creek and Marble Bar. Each area is underlain by Fortescue Group rocks hosting multiple gold-bearing conglomerate occurrences. Marble Bar Beatons Creek Hamersley Basin 6

NOVO RESOURCES CORP. Pilbara Gold Project CNSX: NVO|OTCQX: NSRPF CSE: NVO|OTCQX: NSRPF Now Controlled 100% Beatons Creek Mining Leases  Sale Purchase Agreement: On March 26, 2015, Novo entered a sales purchase agreement with Millennium Minerals Ltd to acquire a 100% interest in three mining leases covering the core of the Beatons Creek gold project near Nullagine, WA.  These mining leases were previously under a JV with Millennium Minerals Ltd. By securing a 100% interest in these mining leases, Novo is in a strong position to move this project toward production for less cost and time. Grant’s Hill Tenements Beatons Creek Mining Leases Grant’s Hill Tenements  Sale Purchase Agreements: Novo entered sales purchase agreements with Welcome Stranger Mining (1 tenement) and Talga Resources (2 tenements) and now holds a 100% interest in three tenements near Nullagine, WA 7