Novo Announces First 3-KG Leachwell Results from Oxide Drilling

Novo Resources Corp.

Suite 1980 – 1075 West Georgia Street Vancouver, BC, V6E 3C9

NOVO ANNOUNCES FIRST 3-KG LEACHWELL RESULTS FROM OXIDE DRILLING

VANCOUVER, BC, June 11, 2015 – Novo Resources Corp. (TSX-V: NVO; OTCQX: NSRPF) (“Novo” or the “Company”) is pleased to announce the first 3-kg LeachWell Technique results from its shallow oxide drill holes at its Beatons Creek gold project near Nullagine, Western Australia (please see table at the end of this news release for a comparison between previously announced 1-kg LeachWell and the current 3-kg LeachWell results). A direct comparison of 3-kg and 1-kg LeachWell results from 107 intervals shows that grades increase in 67 cases, remain the same in three cases, and decrease in 37 cases. Seventeen intervals increase in length, 82 remain the same length and eight decrease in length. Importantly, 60 new significant intervals emerged from the 3-kg LeachWell results (new intervals are ones in which there are numbers reported under the 3-kg LeachWell heading but not under the 1-kg LeachWell heading).

“We are very encouraged to see improvements in grades from our 3-kg LeachWell results,” commented Dr. Quinton Hennigh, President and CEO of Novo Resources Corp. “Beatons Creek is a very nuggety gold system. Recognizing this, we developed this large-sample analytical protocol to determine grades as accurately as possible. Clearly, scattered nuggets of gold contribute to the grades observed. Such particles of gold ‘caught’ by the recent 3-kg LeachWell splits likely contributed to the sharp increase in reportable gold intervals we see.”

Notes on Reverse Circulation Drilling of Gold-Bearing Conglomerates Horizons (Reefs)

Samples were collected on 1-meter intervals from reverse circulation drill holes at Beatons Creek. Reefs range in thickness from approximately 0.5-2 meters. As a consequence, drill samples tend to incur dilution from barren waste rock from above and below reef horizons (please refer to Figure 1 below).

(Figure 1: Reverse circulation sample intervals are 1 meter long. As a consequence, gold-bearing reef intervals can be diluted by hanging wall and footwall material. Three cases are illustrated in this diagram. On the left, sample interval A cuts a reef that is less than 1 meter thick. The drill bit takes in modest amounts of sandstone from above and below the reef thus diluting the resulting sample. In the middle, the sample break between B and C is near the middle of the reef. The resulting interval is significantly diluted and reported as 2 meters long (B+C) even though the reef is only about 1 meter thick. On the right, the reef is a little over a meter thick. Although interval E is nearly all reef material, interval D only takes in a small portion of the reef horizon. Because sample D is highly diluted, it might not report appreciable gold and, thus, not be included in the reported interval. Therefore, the reef will report as only 1 meter thick (E), even though it is somewhat thicker.)

Understanding issues illustrated by Figure 1 is critical when interpreting grades at Beatons Creek. It is essential to have a clear understanding of the position of reefs (please refer to Novo’s news release dated June 4, 2015 to see the first ever 3-dimensional model of oxide reefs at Beatons Creek). As the Company receives all remaining 3-kg LeachWell analyses, it will carefully evaluate all data sets, spatial and analytical, in preparation for resource modeling.

Novo drilled approximately 9,000 meters in 327 reverse circulation (RC) drill holes in late 2014 as part of a program to define a shallow, oxide resource that can potentially be quickly advanced toward production. The Company released initial 1-kg LeachWell results for all 327 drill holes by April 9, 2015 (please refer to Novo’s news releases dated February 9, February 26, March 10 and April 9, 2015 for maps showing drill hole locations). Initial analyses were mostly conducted on a 1 kg split of raw RC drill cuttings using the LeachWell technique, an accelerated CN leach (6 hour leach time). Samples containing appreciable gold (>0.15 gpt) are being subjected to a more rigorous analytic protocol utilizing a 3-kg split (6 hour leach time).

Quality Control and Quality Assurance

Reverse circulation drilling discussed in this news release was conducted under the supervision of Dr. Quinton Hennigh, Novo’s Chief Executive Officer, President and Director. Drill samples were submitted to Genalysis Laboratories, Perth, WA for analysis. Sample weights range from approximately 15-20 kg. Initially, a 1-kg split of raw drill cuttings was taken from each sample interval and subjected to the LeachWell technique, an accelerated CN leach (6 hour leach time). Due to the nuggety nature of gold mineralization at Beatons Creek, all drill samples containing greater than 0.15 gpt Au are also undergoing LeachWell analysis using a 3-kg split. Results from the latter mode of analysis are expected to demonstrate acceptable analytic variability and thus will be used for resource modeling.

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 news release.

About Novo Resources Corp.

Novo’s focus is to evaluate, acquire and explore gold properties. Indirect subsidiaries of Novo hold a 100% interest in the core of the Beatons Creek project and a 70% interest in approximately 1,800 square kilometers surrounding Beatons Creek and at nearby Marble Bar in the Pilbara region, Western Australia.

For more information, please contact Leo Karabelas at (416) 543-3120 or e-mail [email protected].

On Behalf of the Board of Directors,

Novo Resources Corp.

“Quinton Hennigh”

Quinton Hennigh CEO and President

Forward-looking information

Some statements in this news release contain forward-looking information (within the meaning of Canadian securities laws) including, without limitation, the statement that the results of the LeachWell analysis using a 3-kg split to which drill samples containing greater than 0.15 gpt Au are currently undergoing are expected to demonstrate acceptable analytic variability and thus will be used for resource modeling. There is no assurance that the results will be as anticipated by management.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.

Reverse Circulation Drill Results - Beatons Creek Oxide Resource Drilling Comparison of 1 kg and 3 kg LeachWell Results