Category: Novo Resources

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...

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...

Novo Resources’ Executive Co-Chairman & Acting CEO, Mike Spreadborough, GM of Exploration, Kas De Luca, and Non-Executive Co-Chairman, Dr. Quinton Hennigh discuss exploration throughout the Pilbara with a highlight on the Egina district. Learn More: https://novoresources.com/

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...