Mr. Mike Spreadborough reports

FILING OF LEVEN STAR REEF TECHNICAL REPORT

Novo Resources Corp. has filed a technical report on the company's profile on SEDAR+, prepared pursuant to National Instrument 43-101, Standards of Disclosure for Mineral Projects, in respect of the mineral resource estimate for the Leven Star reef at its 100-per-cent-owned Belltopper gold project in Victoria. The Belltopper mineral resource was announced in the company's June 8, 2026, Toronto Stock Exchange (Australian Securities Exchange: June 9, 2026) news release, entitled "Belltopper Gold Project Mineral Resource."

The independent technical report, entitled "Mineral Resource Estimate: Leven Star Reef, Belltopper Gold Project, Malmsbury, Victoria, Australia," with an effective date of June 9, 2026, and an issue date of July 22, 2026, was prepared for Novo by Janice Graham (MAusIMM (CPGeo), MAIG), principal consultant and full-time employee of Snowden Optiro, and Dr. Simon Dominy (FAusIMM (CPGeo), FAIG (RPGeo), FGS (CGeol)), an independent technical adviser to Novo. Each of the authors is a qualified person as defined under NI 43-101.

The company is required to file and release the Leven Star technical report to discharge requirements of NI 43-101 and Canadian law. Accordingly, while there are no material differences between the mineral resource stated in the Leven Star technical report and the mineral resource reported in the mineral resource news release, the company's waiver of ASX listing Rule 15.7 requires it to release the Leven Star technical report to both the ASX and the TSX simultaneously.

The Leven Star technical report is available under the company's profile on SEDAR+ and on the company's website.

About Novo Resources Corp.

Novo is an Australian-based gold explorer listed on the ASX and the TSX, focused on discovering standalone gold and copper projects with more than one million ounces of development potential. Novo is an innovative explorer with a significant land package covering approximately 5,608 square kilometres in the Pilbara region of Western Australia, which includes the Toolunga project in the Onslow district, along with the 22-square-kilometre Belltopper project in the Bendigo tectonic zone of Victoria. In addition to the above, Novo is part of a prospective farm in agreement in New South Wales.

Novo has a significant investment portfolio and a disciplined program in place to identify value accretive opportunities that will build further value for shareholders.