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...
Continue reading » October 21, 2021 admin Novo Resources 1 Comment 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...
Continue reading » October 12, 2021 admin Novo Resources 3 Comments Mr. Quinton Hennigh reports: HIGHLIGHTS Reverse Circulation (“RC”) drilling program intersects high-grade mineralization at Novo’s Talga Talga Gold Project (“Talga Gold Project”) in the Pilbara region of Western Australia Results include 3 m at 25.5 g/t Au from 28 m, and 3 m at 23.3...
Continue reading » September 27, 2021 admin Novo Resources 2 Comments
Continue reading » September 14, 2021 admin Novo Resources No Comment Toronto-listed conglomerate gold producer, Novo Resources is set to splash out a further A$2.5 million on near-mine exploration drilling as it looks to source more feed for its Golden Eagle processing facility at its Nullagine gold project in the Pilbara region of Western Australia. The...
Continue reading » September 10, 2021 admin Novo Resources 1 Comment Crescat Capital Portfolio Managers, Kevin Smith and Tavi Costa, along with Geologic and Technical Director, Quinton Hennigh, PhD, are participants at this year’s Precious Metals Summit Conference located in Beaver Creek, CO. While on-site the Crescat team interviews various junior mining teams to help tell...
Continue reading » September 10, 2021 admin Novo Resources No Comment HIGHLIGHTS Novo’s board of directors has approved an additional A$2.5M exploration budget to accelerate drilling of high-priority near-mine targets in the Mosquito Creek Basin which hosts the Nullagine gold project (the “NGP”) and the Golden Eagle processing facility. A program of over 25,000 metres of...
Continue reading » September 8, 2021 admin Novo Resources 3 Comments A flyover of Novo Resources’ Nullagine Gold Project in Western Australia. Gold production at the Nullagine Gold Project for July 2021 was a record month of 8,589 ounces.
Continue reading » August 24, 2021 admin Novo Resources 1 Comment First of all the market can at times be brain dead. Absolutely brain dead like we see across the board right now in especially junior miners. Their valuations don’t reflect the reality of gold mining at all; That producers are making cash hand over fist...
Continue reading » August 13, 2021 admin Novo Resources 9 Comments Dr. Quinton Hennigh comments on Novo Resources’ success at Beatons Creek in approaching optimal operating performance in July and applying net cash flows to fund aggressive ongoing exploration on various gold targets in Australia. July production of 8,589 ounces of gold, if continued throughout the...
Continue reading » August 12, 2021 admin Novo Resources 3 Comments