Category: Novo Resources

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...

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...

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...

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...

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...

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...

VANCOUVER, BC – 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...

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”),...

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...

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...