Novo Resources: Significant Drill Results at Becher
2024-02-13 07:09:44 HIGHLIGHTS More than 10,500 m of combined aircore (AC) and reverse circulation (RC) drilling completed by De Grey Mining (ASX: DEG) at the Becher Project in Q4 2023, as part of the Egina earn-in/JV RC drilling at Lowe confirmed gold mineralisation associated with a deformed intrusive sill, with a best intercept of 8 […]
Novo Resources Exploration Status Update
2023-12-21 06:47:25 HIGHLIGHTS Over 10,500 m combined aircore and reverse circulation drilling completed by De Grey Mining at the Becher project, which forms part of the Egina earn-in/Joint Venture. At Becher, 271 infill AC holes were drilled for 7,536 m in Q4 2023. RC drill program is ongoing, with the first 29 drill holes for 4,154 […]
Novo Resources: Strategic Joint Venture With Global Lithium Producer SQM
2023-12-18 07:56:06 HIGHLIGHTS SQM Australia has agreed to pay A$10 million for a 75% interest in five of Novo’s prospective lithium – nickel tenements in the West Pilbara, near Roebourne, Western Australia, forming the Harding Battery Metals Joint Venture, and for an option over additional Novo Pilbara tenements. The Harding Battery Metals Joint Venture tenements […]
Novo Resources: AGM and Management Presentation Details
2023-10-30 09:41:02 VANCOUVER, British Columbia, Oct. 30, 2023 (GLOBE NEWSWIRE) — Novo Resources Corp. (Novo or the Company) (ASX: NVO) (TSX: NVO & NVO.WT.A) (OTCQX: NSRPF) is pleased to provide further details of the Company’s upcoming annual general meeting (the “Meeting”), scheduled for 6:00 p.m. PDT on Tuesday, 31 October 2023, and of the management […]
Novo Resources: Gold Mineralisation Intersected in Maiden Drill Program at Nunyerry North
2023-10-16 07:56:38 HIGHLIGHTS Strong results received from the first six drill holes of the maiden drill program at Nunyerry North, including best intercepts of 13 m @ 1.18 g/t Au, 7 m @ 1.12 g/t Au and 3 m @ 1.37 g/t Au.1 Drill program designed to test the > 1.4 strike km surface gold […]
Novo Resources: Maiden Drill Program Commences at Nunyerry North
2023-09-12 05:03:21 HIGHLIGHTS Novo has commenced its maiden drill program at Nunyerry North, a highly promising exploration target in the southern Egina Gold Camp, Pilbara, Western Australia1 Approx. 2,000 m of reverse circulation drilling will focus on investigating structurally controlled gold targets and extensive gold in soil anomalies Previous exploration at Nunyerry delineated a > […]
Novo Dual Lists On ASX Following Oversubscribed A$7.5M IPO
2023-09-10 22:28:50 HIGHLIGHTS Novo admitted to ASX under the ticker ‘NVO’ listing 37.5 million CDIs following successful completion of dual ASX:TSX listing. Novo’s IPO was oversubscribed raising the maximum of A$7.5 million at A$0.20 per CDI, with strong support from local institutional and sophisticated investors. ASX listing opens up a more ready accessible Australian capital […]
Novo Resources Completes Oversubscribed A$7.5m IPO
2023-09-06 20:38:01 Mr. Michael Spreadborough reports: VANCOUVER, British Columbia, Sept. 06, 2023 (GLOBE NEWSWIRE) — Novo Resources Corp. (Novo or the Company) (TSX: NVO & NVO.WT.A) (OTCQX: NSRPF) is pleased to announce the Company has completed its Initial Public Offering (IPO) of a A$7.5 million raise, before costs, through the issue of 37,500,000 common shares […]
Novo Resources Announces Change of Officers
2023-08-22 05:33:23 VANCOUVER, British Columbia, Aug. 22, 2023 (GLOBE NEWSWIRE) — Novo Resources Corp. (“Novo” or the “Company”) (TSX: NVO, NVO.WT & NVO.WT.A) (OTCQX: NSRPF) announces that Mr Ronan Sabo-Walsh has resigned as the Company’s Chief Financial Officer (“CFO“) and Corporate Secretary. Ms Elza van der Walt has been appointed as CFO and joint Corporate […]
Novo Resources Outlines H2 2023 Exploration Plan
2023-08-14 05:36:00 HIGHLIGHTS Novo’s partner De Grey Mining Ltd (ASX:DEG) is planning ~ 39,000 m of aircore, reverse circulation and diamond drilling, commencing in September on the Egina joint venture area1, focussing initially at Becher. Novo will carry out ~ 2,000 m of reverse circulation drilling at Nunyerry North to test structurally controlled high-priority gold […]
Novo Resources: ASX IPO Offer Period Opens
2023-08-10 05:43:34 HIGHLIGHTS Offer period now open for Novo’s planned initial public offering (“IPO”) on the Australian Securities Exchange (“ASX”)1 Prospectus lodged on 2 August 2023 with the Australian Securities and Investments Commission (“ASIC”) which outlines plans to raise gross proceeds of A$4.0 million (approximately C$3.5 million)2 through the issue of 20 million Chess Depositary […]
Novo Resources Progresses ASX Dual Listing With Lodgement of Prospectus
2023-08-02 05:47:06 HIGHLIGHTS Novo has lodged a Prospectus with the Australian Securities and Investments Commission (“ASIC”) to undertake an initial public offering (“IPO”) in Australia of Chess Depositary Interests (“CDIs”) and to seek to dual list on the Australian Securities Exchange (“ASX”) The Novo Board believes listing on the ASX will: Enhance the profile of […]
Novo Resources: Exploration Update Focused on Discovery Success in 2023
2023-07-18 07:43:56 HIGHLIGHTS 8,000 m of drilling planned for H2 2023 across key Pilbara prospects and Belltopper gold project (“Belltopper”) in Victoria1. Drill programs are expected to support future shareholder value and planned ASX dual listing process, which remains proposed for Q3 2023. Recent A$10 million cornerstone investment and earn-in and joint venture (“Egina JV”)2 […]
Novo Resources Closes Cornerstone Investment With De Grey Mining
2023-06-28 14:24:12 HIGHLIGHTS Closing of A$10 million (approximately C$8.97 million) cornerstone investment in Novo (the “Financing”) by De Grey Mining Limited (ASX: DEG) (“De Grey”) via the issuance of 35,223,670 common shares of Novo (“Shares”) at a price of approximately C$0.255 per Share, representing an undiluted 11.6% post-Financing position in Novo De Grey to advance […]
Novo Resources: Further Standout Becher Gold Results Highlight Encouraging Growth Potential
2023-05-23 06:08:20 HIGHLIGHTS Ongoing aircore (“AC”) drilling at Novo’s 100%-owned flagship Becher Project continues to deliver promising results, with over 10,000 m of the planned Q2 2023 20,000 m program complete. Becher is located in the northern section of the Egina Gold Camp 28 km along trend from De Grey Mining Limited’s 10.6 Moz Au […]
Novo Resources: Drilling Underway at Highly Prospective Becher Project
2023-05-05 06:12:51 HIGHLIGHTS +20,000 m aircore (“AC”) drilling program underway in the northern Egina Gold Camp at Novo’s flagship Becher Project, located in the Pilbara, Western Australia. Becher is situated adjacent to De Grey Mining Limited’s 10.6 Moz Au (JORC 2012)1 Mallina Gold Project and 2.5 km south of their new Withnell South discovery2. New […]
Novo Resources Completes Consolidation of Belltopper Gold Project, Victoria, Australia
2023-04-24 15:14:22 HIGHLIGHTS Acquisition of remaining 50% interests in the adjacent Queens and Malmsbury gold joint ventures which comprise the Belltopper gold project in the prolific Bendigo Tectonic Zone of Australia’s Victorian Goldfields is now complete A$0.75 million cash paid and 2,088,554 common shares (with a contractual 12-month hold period) issued to Kalamazoo Resources (ASX:KZR) […]
Novo Resources to Acquire Remaining 50% Interests in Belltopper Gold Project, Victoria, Australia
2023-03-09 07:21:54 Novo to acquire remaining 50% interests in the adjacent Queens and Malmsbury gold joint ventures in Victoria, Australia As a result, Novo will have sole ownership of the Belltopper gold project (“Belltopper”) in the prolific Bendigo Tectonic Zone of Australia’s Victorian Goldfields Consolidation of Belltopper will provide Novo with a […]
Novo Resources: New ‘Hemi Style’ Gold Targets Identified for Immediate Drilling at Becher
2023-03-06 07:32:02 HIGHLIGHTS The Becher Project is located ~28 km WSW of De Grey Mining’s 10.6 Moz Au (JORC 2012)1 Mallina Gold Project (includes the Hemi deposit) and is Novo’s focus for its next drilling program. Analysis of 2022 Becher aircore (“AC”) drilling assay results has identified high-priority structural and intrusion-related targets which […]
Novo Resources: JV Partner Liatam Mining Outlines Lithium Exploration Program
2023-02-23 06:29:53 HIGHLIGHTS Liatam Mining Pty Ltd (“Liatam”), Novo’s battery minerals joint venture partner at the Quartz Hill project1 in the Mosquito Creek Basin, Western Australia, has outlined its 2023 exploration program Liatam’s board has approved an aggressive 2023 exploration budget of A$4 million focusing efforts on systematic and scientific exploration, demonstrating Liatam’s […]
Novo Resources: Significant Results from Becher with Target Priority Areas Identified
2023-02-14 07:00:28 HIGHLIGHTS The Becher Area target is located in the northern section of the Egina Gold Camp along trend from De Grey Mining Limited’s 10.6 Moz Au (JORC 2012)1 Mallina Gold Project. Aircore drilling completed in 2022 on broad regional lines (640 m) focused on ENE trending gold-fertile structural corridors and has […]
Novo Resources Reaches Second and Final Completion Milestone With Creasy Group
2023-01-20 07:13:07 VANCOUVER, British Columbia, Jan. 20, 2023 (GLOBE NEWSWIRE) — Novo Resources Corp. (“Novo” or the “Company”) (TSX: NVO, NVO.WT & NVO.WT.A) (OTCQX: NSRPF) is pleased to announce that it has received approval from the Australian Foreign Investment Review Board to undertake second and final completion with respect to its previously announced binding term […]
Novo Resources Announces Beatons Creek Fresh Approvals Update
2022-12-23 06:45:26 VANCOUVER, British Columbia, Dec. 23, 2022 (GLOBE NEWSWIRE) — Novo Resources Corp. (“Novo” or the “Company”) (TSX: NVO, NVO.WT & NVO.WT.A) (OTCQX: NSRPF) is pleased to advise of the withdrawal of a recently filed appeal of the Western Australian Environmental Protection Authority’s decision to not assess the Company’s proposed Phase Two Fresh operations1 […]
Novo Resources Closes Strategic C$5 Million Financing from Liatam Mining
2022-12-22 06:41:43 HIGHLIGHTS Closing of C$5 million strategic investment in Novo (the “Financing”) from Liatam Mining Pty Ltd (“Liatam”), Australian-based manager of the Bald Hill lithium and tantalum mine in Western Australia, via the issuance of 12,820,512 units of Novo at C$0.39 per unit (each, a “Unit”), representing an undiluted 4.9% post-Financing position in […]
Novo Resources Shareholder Update – Junior Mining Network
2022-12-20 08:09:32 VANCOUVER, British Columbia, Dec. 20, 2022 (GLOBE NEWSWIRE) — Novo Resources Corp. (TSX: NVO) (OTC: NSRPF) – Dear Shareholder, We understand that the GDXJ VanEck Junior Gold Miners ETF (“GDXJ”) rebalanced its index holdings and liquidated its full position in Novo Resources Corp. (“Novo” or the “Company”) on Friday December 16, 2022. GDXJ […]
Novo Resources Announces Strategic Investment & Advancement of Battery Minerals Strategy
2022-12-15 05:58:45 HIGHLIGHTS Liatam Mining Pty Ltd (“Liatam”), Australian-based manager of the Bald Hill lithium and tantalum mine in Western Australia, will make a strategic investment of C$5 million in Novo (the “Financing”) through the purchase of 12,820,512 units of Novo at C$0.39 per unit (each, a “Unit”), representing an undiluted 4.9% post-Financing position […]
Resouro Gold Releases Further High-Grade Drill Results from Its Novo Mundo Project, Brazil
2022-12-13 05:13:50 Hole 10 returns 16.21 m grading 2.97 g/t gold, including 2.29 m grading 11.4 g/t gold and 1.08 m grading 19.93 g/t gold Vancouver, British Columbia–(Newsfile Corp. – December 13, 2022) – Resouro Gold Inc. (TSXV: RAU) (“Resouro” or the “Company“) is pleased to announce further drill results from its exploration program at […]
Novo Resources: Significant Copper, Nickel and Gold Results From Karratha District
2022-12-09 06:29:33 HIGHLIGHTS Diamond drilling at NRV06 successfully intersected zones over several metres of disseminated to stringer style Ni and Cu sulphide (pentlandite and chalcopyrite) in the Andover Intrusion (assays pending), with spot assaying using a pXRF of up to 0.95% Ni and 0.25% Cu. Drilling at the Morto Lago target delivered key […]
Novo Resources Shareholder Address – Junior Mining Network
2022-12-07 08:31:31 VANCOUVER, British Columbia, Dec. 07, 2022 (GLOBE NEWSWIRE) — Novo Resources Corp. (TSX: NVO) (OTC: NSRPF) – Dear Shareholders, 2022 has certainly been a challenging year for Novo. A booming Western Australian mining industry and, to a certain extent, ongoing impacts of COVID-19 continued to impact the Company, with supply chain issues resulting […]
Novo Resources: Becher Area Mineralisation Expands With More Standout Results
2022-11-30 05:11:16 Reverse circulation (“RC”) drilling has commenced in the Becher Area, with two rigs now testing prospects within 216 sq km of highly prospective, under-explored Mallina Basin geology on the Egina Project along trend from De Grey Mining Limited’s Hemi Gold Deposit. Standout gold results received from aircore (“AC”) drilling at the […]
Novo Resources: Significant Results From Malmsbury Victorian Projects Exploration Update
2022-11-18 06:59:01 HIGHLIGHTS New exciting high-grade assay results received from the 11-hole, 3,162 m diamond drilling program recently completed at the 50%-owned Malmsbury gold project (“Malmsbury Project”) located 50 km SSW of the high-grade Fosterville gold mine in Victoria, Australia. Significant results generated from the last two holes drilled in the program at […]
Novo Resources Releases Inaugural Sustainability Statement
2022-11-16 06:04:21 VANCOUVER, British Columbia, Nov. 16, 2022 (GLOBE NEWSWIRE) — Novo Resources Corp. (“Novo” or the “Company”) (TSX: NVO, NVO.WT & NVO.WT.A) (OTCQX: NSRPF) is pleased to announce that it has published its inaugural sustainability statement (the “Statement”) for the 12-month period ended June 30, 2022. The Statement is available on the Company’s website. […]
Novo Resources Reports Q3 2022 Financial Results
2022-11-11 15:07:01 VANCOUVER, British Columbia, Nov. 11, 2022 (GLOBE NEWSWIRE) — Novo Resources Corp. (“Novo” or the “Company”) (TSX: NVO, NVO.WT & NVO.WT.A) (OTCQX: NSRPF) reports its financial results for the nine-month period ended September 30, 2022. All amounts are expressed in Canadian dollars, unless otherwise noted. This news release should be read together with […]
Novo Resources Announces Beatons Creek Updated Mineral Resource Estimate
2022-11-02 04:09:05 VANCOUVER, British Columbia, Nov. 02, 2022 (GLOBE NEWSWIRE) — Novo Resources Corp. (“Novo” or the “Company”) (TSX: NVO, NVO.WT & NVO.WT.A) (OTCQX: NSRPF) announces an updated Mineral Resource estimate (the “2022 MRE”) for the Beatons Creek gold project (“Beatons Creek”) located in the Nullagine region of Western Australia. The 2022 MRE incorporates extensive […]
Novo Resources: Standout Results From Becher Aircore Drilling Along Trend From Hemi Gold Deposit
2022-10-27 07:25:33 HIGHLIGHTS Standout gold results have been intersected on the southern Irvine Shear corridor including 20 m @ 0.67 g/t Au, as part of the current aircore drilling program at the high priority Becher Area in the Egina District. Over 650 shallow aircore holes for 16,500 m of the > 30,000 m […]
Novo Resources Provides Nullagine Gold Production Update
2022-10-11 04:11:54 No lost-time injuries recorded during Q3 2022 or year-to-date 2022 Q3 2022 production of 13,137 oz Au, exceeding operational wind-down guidance1, bringing total production for year-to-date 2022 to 39,125 oz Au as Phase One operations complete at Beatons Creek2 0F Q3 2022 gross revenue of C$28.0 million (A$31.4 million)1F3 generated […]
Resouro Gold Releases Positive Metallurgical Test Work Results and Receives Trial Mining License for Its Novo Mundo Project in Brazil
2022-10-04 05:01:52 Vancouver, British Columbia–(Newsfile Corp. – October 4, 2022) – Resouro Gold Inc. (TSXV: RAU) (“Resouro” or the “Company“) is pleased to announce that the Brazilian Mining Agency has granted a Guia de Utilização (“Trial Mining License“), inclusive of environmental and installation license, on the Company’s wholly-owned Novo Mundo Project located in the prolific […]
Resouro Gold Announces Initial Drill Results from Novo Mundo, Brazil: Intercepts 11.65 m Grading 5.1 g/t Au
2022-09-21 05:38:25 Vancouver, British Columbia–(Newsfile Corp. – September 21, 2022) – Resouro Gold Inc. (TSXV: RAU) (“Resouro” or the “Company”) is pleased to announce initial drill results from its first phase of exploration at its 100%-owned Novo Mundo Gold Project, located in the Alta Floresta Gold Belt in Mato Grosso, Brazil. Assays from the first […]
Novo Resources: High-Quality Gold Targets Advanced at Purdy’s North, Becher Area, and Nunyerry
2022-09-06 10:18:53 Comprehensive exploration update regarding large-scale exploration programs underway across Novo’s highly prospective 11,000 sq km portfolio of Pilbara tenements (Figure 1). Purdy’s North reverse circulation (“RC”) drilling is ongoing at the Morto Lago gold-copper target with drilling intersecting several zones of quartz-veining and alteration, with assays pending. Morto Lago is adjacent […]
Novo Resources Reports Q2 2022 Financial Results
2022-08-15 14:30:14 VANCOUVER, British Columbia, Aug. 15, 2022 (GLOBE NEWSWIRE) — Novo Resources Corp. (“Novo” or the “Company”) (TSX: NVO, NVO.WT & NVO.WT.A) (OTCQX: NSRPF) reports its financial results for the six-month period ended June 30, 2022. All amounts are expressed in Canadian dollars, unless otherwise noted. This news release should be read together with […]
Novo Completes Second and Final Tranche of Sale of New Found Gold Shares for C$57.0 Million
2022-08-08 05:00:33 VANCOUVER, British Columbia, Aug. 08, 2022 (GLOBE NEWSWIRE) — Novo Resources Corp. (“Novo” or the “Company”) (TSX: NVO, NVO.WT & NVO.WT.A) (OTCQX: NSRPF) is pleased to advise that it has closed the second and final tranche of its previously announced sale of 15 million shares (the “Transaction”) of New Found Gold Corp. (“New […]
Novo Resources: Drilling Commences on Purdy’s North Gold and Nickel-Copper Targets
2022-08-02 05:40:30 RC drilling has commenced at Purdy’s North, testing a series of prospective gold and nickel-copper targets adjacent to Azure Minerals Limited’s (“Azure”) Andover nickel-copper-cobalt discovery (“Andover”) and Artemis Resources Limited’s (“Artemis”) Carlow Castle gold-copper-cobalt discovery (“Carlow Castle”). Drilling program will start at the Milburn nickel-copper-gold and Morto Lago orogenic gold targets, […]
Novo Resources: Beatons Creek Fresh Approvals Update
2022-07-11 05:36:23 VANCOUVER, British Columbia, July 11, 2022 (GLOBE NEWSWIRE) — Novo Resources Corp. (“Novo” or the “Company”) (TSX: NVO, NVO.WT & NVO.WT.A) (OTCQX: NSRPF) advises that the Chair of the Western Australian Environmental Protection Authority (the “EPA”) has determined that the Company’s approvals submission regarding the Fresh mineralization component of the Company’s Beatons Creek […]
Novo Resources Provides Nullagine Gold Production Update
2022-07-06 05:14:54 No lost-time injuries were recorded during Q2 2022 or H1 2022 Q2 2022 production of 12,610 oz Au, which totals 25,988 oz Au for H1 2022 and is in line with revised guidance0F1 Q2 2022 revenue of C$29.7 million (A$32.6 million)1F2 from the sale of 12,378 oz Au Q3 […]
Novo Resources Announces AGM Logistics
2022-06-27 05:43:35 VANCOUVER, British Columbia, June 27, 2022 (GLOBE NEWSWIRE) — Novo Resources Corp. (“Novo” or the “Company”) (TSX: NVO, NVO.WT & NVO.WT.A) (OTCQX: NSRPF) today announced details of the Company’s upcoming annual general meeting (the “Meeting”) scheduled for 4:00 p.m. PDT on Tuesday, June 28, 2022, and investor presentation to be held subsequent to […]
Novo Resources: Mechanical Sorting Program Update
2022-06-24 06:10:04 KEY POINTS Phase Two mechanical sorting trial completed using samples from Comet Well, Purdy’s Reward, and Egina using Novo’s wholly-owned Steinert KSS 100F LIXT fine mechanical sorting unit (“Sorter”) Results from the Phase Two trial confirm that strong upgrade ratios can be achieved by running lower grade material through the Sorter […]
Novo Resources: New Style of Gold Mineralization Encountered at Malmsbury Project, Victoria, Australia
2022-06-21 05:43:39 HIGHLIGHTS Diamond drilling continues at the 50%-owned Malmsbury gold project (“Malmsbury Project”) joint venture with ASX-listed GBM Resources Ltd. (ASX: GBZ), located 50 km SSW of the high-grade Fosterville gold mine in Victoria, Australia, with over 2,500 m completed as at the end of May 2022. Drill hole MD17 encountered a […]
Novo Resources: Beatons Creek Fresh Feasibility Study Update
2022-06-14 14:29:59 HIGHLIGHTS A feasibility study for mining of the Beatons Creek gold project (“Beatons Creek”) Fresh mineral resource (“Feasibility Study”) is underway, with completion targeted by mid-Q4 2022 Metallurgical and geotechnical diamond drilling programs have been completed, with assaying and metallurgical test work underway and due for completion by the end of […]
Novo Resources Provides Nullagine Gold Project Operations Update
2022-06-14 13:35:32 KEY POINTS Production to pause at the Beatons Creek gold project (“Beatons Creek”) and the Golden Eagle processing facility (“Golden Eagle Plant”), with mining of the Oxide mineral resource at Beatons Creek ending in Q3 20221 followed by a phased wind-down of operational activities finishing by the end of October 2022 […]
Novo Resources Reports Q1 2022 Financial Results
2022-05-13 14:38:44 VANCOUVER, British Columbia, May 13, 2022 (GLOBE NEWSWIRE) — Novo Resources Corp. (“Novo” or the “Company”) (TSX: NVO, NVO.WT & NVO.WT.A) (OTCQX: NSRPF) is pleased to announce its financial results for the three-month period ended March 31, 2022. All amounts are expressed in Canadian dollars, unless otherwise noted. This news release should be […]
Novo Resources: High-Grade Gold Mineralized Zone Intersected at Malmsbury Project
2022-05-10 06:25:38 HIGHLIGHTS Drilling on the 50%-owned Malmsbury gold project (“Malmsbury Project”) joint venture with ASX-listed GBM Resources Ltd. (“GBM”), located 50 km SSW of the high-grade Fosterville gold mine in Victoria, Australia, has intersected a significant high-grade gold mineralized zone. Significant results received to date include 14 m @ 6.1 g/t Au […]
Novo Resources Reports Management Change
2022-04-13 06:04:16 VANCOUVER, British Columbia, April 13, 2022 (GLOBE NEWSWIRE) — Novo Resources Corp. (“Novo” or the “Company”) (TSX: NVO, NVO.WT & NVO.WT.A) (OTCQX: NSRPF) advises that Mr. Rob Humphryson has resigned as a director and Chief Executive Officer. The Company would like to thank Mr. Humphryson for his invaluable contributions throughout his tenure at […]
Novo Resources Provides Nullagine Gold Production Update
2022-04-07 07:33:39 No lost-time injuries were recorded during the first quarter of 2022 (“Q1 2022”) Q1 2022 production of 13,378 oz Au from Beatons Creek conglomerate gold project (“Beatons Creek”), a 4.2% increase over the previous quarter and in line with guidance1 Q1 2022 revenue of C$31.9 million (A$34.7 million)2, a 6.7% […]
Novo Resources Reports 2021 Financial Results
2022-03-31 17:29:22 VANCOUVER, British Columbia, March 31, 2022 (GLOBE NEWSWIRE) — Novo Resources Corp. (“Novo” or the “Company”) (TSX: NVO, NVO.WT & NVO.WT.A) (OTCQX: NSRPF) is pleased to announce its financial results for the three and twelve-month periods ended December 31, 2021. All amounts are expressed in Canadian dollars, unless otherwise noted. This news release […]
Novo Resources: High-Grade Gold, up to 91.16 g/t Au, Identified via Rock Chip Sampling at Station Peak, Egina District
2022-02-24 07:25:45 HIGHLIGHTS Rock chip sampling at the historic Pilgrims Rest Gold Mine at Station Peak in Western Australia has returned multiple high-grade results over 200 m strike, including 91.16 g/t Au, 30.15 g/t Au, 13.27 g/t Au and 12.08 g/t Au Numerous rock samples assayed >1 g/t Au, with the majority of […]
Novo Resources: High-Grade Gold Up to 30.3 g/t Au Defined in Rock Chip Sampling at Nunyerry North, Egina District
2022-02-17 07:16:24 HIGHLIGHTS Grid soil sampling at the Nunyerry North prospect, located south-west of the Company’s Egina District, has defined a coherent high-order gold anomaly over a strike of 640 m and open to the west Ten soil samples returned > 1 g/t Au including 2.3 g/t Au, 2.13 g/t Au, 1.84 g/t […]
Novo Resources Provides Western Australian and Victoria Exploration Update
2022-01-28 08:21:14 HIGHLIGHTS Very large portfolio of Western Australian tenements (approximately 12,500 sq km) highly prospective for conglomerate and orogenic/intrusion-related gold deposits, base-metals and battery-metals (Ni, Cu, Co, Li, Ta, PGE, Zn and Ag) Accelerating near-mine exploration programs at Nullagine Gold Project (“NGP”), with a 20,000 m reverse circulation (“RC”) drill program underway […]
Novo Resources: High-Grade Assay Results at the Parnell-Vulture Trend
2022-01-21 07:34:20 HIGHLIGHTS VANCOUVER, British Columbia, Jan. 21, 2022 (GLOBE NEWSWIRE) — Novo Resources Corp. (“Novo” or the “Company”) (TSX: NVO, NVO.WT & NVO.WT.A) (OTCQX: NSRPF) is pleased to provide a drilling update for the Parnell-Vulture trend in Western Australia. The RC drilling planned at Parnell and Vulture is part of the Nullagine Gold Project (“NGP”) exploration […]
Novo Resources Provides Nullagine Gold Project Production Update
2022-01-14 06:37:00 KEY POINTS During the fourth quarter of 2021 (“Q4 2021”), one lost-time injury was recorded (the only lost-time injury for 2021) Lower than forecast gold production of 12,833 oz Au in Q4 20210F1 due to a change in the December mining schedule and reduction in recovery due to technical issues with […]
2022 – A Year of Growth for Novo Resources
2022-01-07 06:34:09 VANCOUVER, British Columbia, Jan. 07, 2022 (GLOBE NEWSWIRE) — Dear Shareholders, 2021 was a transformative year for Novo Resources as we moved from being an explorer to an explorer and producer. With the acquisition and refurbishment of the Golden Eagle processing facility in 2020, we were able to bring the Beatons Creek conglomerate […]
Novo Resources: Mining Review Delivers Optimized Five-Year Plan
2021-12-13 06:56:20 HIGHLIGHTS Implementation of revised mining approach1 at Beatons Creek Oxide resource has delivered, as expected, higher processing grades in November 2021 of 1.58 g/t Au over 117 kt processed, for total monthly production of 5,498 ounces Completion of Beatons Creek Gold Project (“Beatons Creek”) mining review outlines optimized five-year plan through […]
Novo Resources Identifies Ni-Cu Targets at Southcourt, Andover Intrusion, Adjacent to Azure’s Andover VC-07 Ni-Cu-Co Discovery
2021-11-30 06:13:59 HIGHLIGHTS Novo’s extensive greenfields exploration program has recently identified and advanced a series Ni-Cu-Co targets adjacent to Azure Minerals Limited’s (“Azure”) (ASX: AZS) Andover VC-07 Ni-Cu-Co massive sulphide discovery (“Andover”) and Artemis Resources Limited’s (“Artemis”) (ASX: ARV) Carlow Castle Au-Cu-Co discovery (“Carlow Castle”) Novo’s 100%-owned exploration licence 47/1745 contains several airborne […]
Novo Resources: Mechanical Sorter Construction Complete Ahead of Phase 2 Trials at Nullagine Gold Project
2021-11-10 06:15:02 HIGHLIGHTS Steinert KSS 100F LIXT fine mechanical sorting unit (“Sorter”) enroute to Nullagine Phase 2 trials scheduled to commence once Sorter commissioned (expected early December 2021) Trials to continue through Q2 2022, at which time the Sorter is scheduled to be relocated to the Company’s Karratha project to […]
Novo Resources: Nullagine Gold Project Update
2021-11-01 05:02:26 VANCOUVER, British Columbia, Nov. 01, 2021 (GLOBE NEWSWIRE) — Novo Resources Corp. (“Novo” or the “Company”) (TSX: NVO, NVO.WT & NVO.WT.A) (OTCQX: NSRPF) wishes to advise that a routine crusher maintenance shut at its Nullagine gold project’s Golden Eagle processing facility (“Golden Eagle Mill”) has discovered greater wear than anticipated on its pitman/swing […]
Novo Resources: Near-Mine High-Grade Mineralization Confirmed 3 km from Golden Eagle Processing Plant
2021-10-21 05:23:28 HIGHLIGHTS Preliminary results include 8 m @ 4.6 g/t Au from 26 m, 10 m @ 3.0 g/t Au from 32 m, 3 m @ 8.9 g/t Au from 5 m, 13 m @ 2.0 g/t Au from 12 m, and 8m @ 3.2 g/t from 37m Genie is part of a […]
Novo Resources: Nullagine Gold Project Production Update
2021-10-12 04:22:00 KEY POINTS No lost time injuries at the Beatons Creek conglomerate gold project through Q3 2021 (“Beatons Creek”) Minimal COVID-19 pandemic-related operational disruptions Gold production of 18,144 oz Au in Q3 2021 (vs 14,890 oz Au in Q2 2021) Mining and milling targeted rates achieved Head grades have been lower […]