ENROUTE 3 MACROS TRIAL

In addition to the CompanyвЂ™s primary focus, Novo seeks to leverage its internal geological expertise to deliver value-accretive opportunities to its shareholders. Novo operates its flagship Beatons Creek gold project while exploring and developing its prospective land package covering approximately 13,250 square kilometres in the Pilbara region of Western Australia. Hennigh is the non-executive co-chairman and a director of Novo. Quinton Hennigh (P.Geo.) is the qualified person, as defined under National Instrument 43-101 Standards of Disclosure for Mineral Projects, responsible for, and having reviewed and approved, the technical information contained in this news release.

ENROUTE 3 MACROS TRIAL

Novo looks forward to commencing its first site-based trial of the Sorter and takes this opportunity to thank its partners, OPS and Steinert, in bringing this innovation to fruition.Дr. A high-pressure air jet вЂshootsвЂ™ these gold bearing particles into a collection system to produce a concentrate for further downstream processing. Mechanical sensor-based sorting utilizes x-ray technology, 3D colour laser, and metal induction to identify gold-bearing material. This trial of the Sorter within the Golden Eagle processing facility area is a culmination of several years of test work conducted by Novo to determine the amenability of mechanical sorting to its 13,250 sq km of tenements across Western Australia. It is expected that following reassembly, the Phase 2 trials will commence in early December and are expected to run through Q2 2022. The Sorter has been preassembled and commissioned in Perth, WA and is now being disassembled and transported to the Golden Eagle processing facility. The Sorter includes feed and product transfer conveyors, allowing the Sorter to produce gold-bearing concentrates in a single pass for further upgrading or downstream processing. The Sorter infrastructure, designed and constructed by OPS Screening and Crushing Equipment (вЂњ OPSвЂќ), is a fully modular and containerized turn-key plant deployable to any of NovoвЂ™s tenements in the future for testwork and potential large bulk sampling and processing ( Figure 2). Once this second phase of testing is complete, expected around Q2 2022, the next phase of the test work will involve relocating the Sorter to the CompanyвЂ™ Comet Well project in Karratha, Western Australia and commencing proposed large-scale bulk sample sorting testwork of 20,000 tonnes, leading to potential commercialization of mechanical sorting for Pilbara conglomerates. The bulk samples will be processed by the Sorter to produce a concentrate for gold assay. 50 samples from four different deposits across the Pilbara ( Figure 1), ranging in size from 800 kg to approximately five tonnes, will be crushed and screened into three size fractions prior to testing through the Sorter. The Sorter is currently enroute to Nullagine and will be commissioned over the next few weeks. The CompanyвЂ™s Steinert KSS 100F LIXT fine mechanical sorting unit (the вЂњ SorterвЂќ) will be installed adjacent to the CompanyвЂ™s Golden Eagle processing facility in Nullagine, Western Australia. ( вЂњNovoвЂќ or the вЂњCompanyвЂќ) (TSX: NVO, NVO.WT & NVO.WT.A) (OTCQX: NSRPF) is pleased to advise that Phase 2 mechanical sorting trials of Pilbara deposit bulk samples will commence from early December 2021. 10, 2021 (GLOBE NEWSWIRE) - Novo Resources Corp. вЂњWe are looking forward to observing Sorter performance from field samples collected at Comet Well, PurdyвЂ™s Reward, Talga Talga, and Egina ahead of larger-scale field trials at Comet Well and PurdyвЂ™s Reward scheduled for Q2 2022.вЂќ Rob Humphryson, CEO and a director of Novo. вЂњMobilizing the mechanical sorter for Phase 2 field trials represents an important step in progressing this innovative technology,вЂќ commented Mr.

Trials to continue through Q2 2022, at which time the Sorter is scheduled to be relocated to the CompanyвЂ™s Karratha project to continue detailed testwork at Comet Well and PurdyвЂ™s Reward, potentially leading to commercialization of mechanical sorting of NovoвЂ™s Pilbara gold deposits Phase 2 trials scheduled to commence once Sorter commissioned (expected early December 2021) Steinert KSS 100F LIXT fine mechanical sorting unit (вЂњ SorterвЂќ) enroute to Nullagine

Enroute 3 macros