HIGHLIGHTS
• New basin-wide exploration strategy implemented in the Mosquito Creek Basin (“MCB”) proving
successful in identifying high priority targets
• New targets identified at Finucane over two parallel zones of gold and pathfinder anomalism in soil
sampling, extending the prospective Middle Creek Fault further east. Each zone trends some five
kilometres, with gold assays reporting up to 907 ppb
• Surface rock sampling at Sayshell reported assays up to 66.6 g/t gold and 26.5 g/t gold, and ~240 grams
of gold was recovered from surface nuggets, with results defining a new mineralised corridor > 500 m in
strike, north of the Blue Spec Shear
• Finucane and Sayshell follow-up exploration programs include aircore drilling planned for 2023
• A review of the Beatons Creek gold project (“Beatons Creek”) Mineral Resource1
is being progressed
following completion of drilling in 2022
“Our exploration team has done an excellent job identifying an exciting pipeline of targets across the Mosquito
Creek Basin,” commented Mr. Mike Spreadborough, the Executive Co-Chairman, Acting CEO, and a director of
Novo. “When working through the exploration results and geophysical data from 2022, the team identified a
compelling opportunity to implement a new basin-wide exploration strategy in the Mosquito Creek Basin
focused on identification of targets with the potential to host more than 100 koz gold. Finucane and Sayshell
prospects are the first two targets identified in this work for follow up exploration in 2023.
“The Company plans to execute an aggressive exploration program in 2023 as we focus our efforts on
systematic exploration across our large Pilbara landholding. I am looking forward to the year as we execute a
busy exploration season and seek success via discovery.”

VANCOUVER, BC - Novo Resources Corp. (“Novo” or the “Company”) (TSX: NVO, NVO.WT & NVO.WT.A)
(OTCQX: NSRPF) is pleased to provide an exploration update on the MCB (Figure 1), located in the Nullagine
District of Western Australia.
Assay results and geophysical data have now been received for exploration programs completed in 2022, part
of a new basin-wide exploration strategy focused on identification of targets in the MCB with the potential to
host more than 100 koz gold. Finucane and Sayshell prospects are the first two targets identified in this work
for follow up exploration in 2023.
Exploration in 2023 is expected to generate additional opportunities across the MCB by focussing on tenure
where limited historical exploration has been conducted by targeting mineralisation under cover and by
utilising new techniques for direct targeting.
Results referred to in this news release are not necessarily representative of mineralisation throughout the MCB.

see & read more on
https://novoresources.com/wp-content/uploads/2023/02/230206-Mosquito-Creek-Basin-update-Jan-2023-FINAL-Feb-9-23.pdf