Novo Resources Corp. provided an update on recent exploration programs completed across the Company's Pilbara project portfolio, including mapping and rock chip sampling results from the Teichman area, which is located in the Egina Gold Camp, scout drill results from the Teichman areas, which is located in the Egina Gold Camp, scout drill Results from the Teichman Au-Sb prospect, and commitment from Northern Star on the Egina JV to continue exploration for major gold deposits. Scout RC drilling at Sherlock Crossing was completed in September 2025, comprising 8 holes for a total of 1,026 meters on 4 drill sections spaced at approximately 80m apart, centred around the historic Clarke Mine workings.
Peak results include: 3 m @ 2.96 g/t Au and 1.86% Sb from 108 m including 1 m @ 7.71 g/t Au and 4.7% Sb from 109 m in LCR005. The scout drill program targeted moderate to steeply dipping quartz veins beneath the historic Clarke Mine workings, hosted in a sequence of komatiitic to basaltic lithologies of the Louden Volcanics. A coherent 1.5 km long soil anomaly6 remains untested by drilling to the southwest of the completed drill program.
A heritage survey has been completed and POW for the southern portion of the soil anomaly has already been granted. Mrs. De Luca has sufficient experience that is relevant to the style of mineralisation and the type of deposits under consideration and to the activity being undertaken to qualify as a Competent Person as defined in the 2012 Edition of the 'Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves'. Refer to Chalice/De Grey Mining 2007 WAMEX report A77811.
Refer to Chalice/DeGrey Mining 2008 WAMEX report A81531. Novo has recently strengthened its high-quality, Australian based exploration portfolio by adding the TechGen John Bull Gold Project in the New England Orogen of NSW, and Manhattan Tibooburra Gold Project in the Albert Goldfields in northwestern NSW. Both projects demonstrate prospectivity for significant discovery and resource definition and align with Novo's strategy of identifying and exploring projects with > 1 Moz Au potential.
Geobank is a front-end UX/UI tender software platform (developed and sold by Micromine) attached to a SQL v15.1 server. For these elements, sample ID, northing, easting and RL are reported. All rock sample results are reported.
Other substantive exploration data, if meaningful and material, should be reported including (but not limited to): geological observations; geophysical survey results; geochemical survey results; bulk samples - size and method of treatment; metallurgical test results; bulk density, groundwater, geotechnical and rock characteristics; potential deleterious or contaminating substances., No additional data., Further work, Further work, The nature and scale of planned further work (e.g., tests for lateral extensions or depth extensions or depth extensions or large-scale step-out drilling). Diagrams clearly highlighting the areas of possible extensions, including the main, and Novo to the body of the release., Novo to the release., Novo to complete further work at Sherlock Crossing as the company look to unlock the full gold and antimony potential of the prospect.
