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-grad...Read More
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 amount...Read More
VANCOUVER, British Columbia, April 27, 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 first tranche of its previously announced sale of 15 milli...Read More
KEY POINTS Sumitomo Corporation of Tokyo, Japan (“Sumitomo”) has elected to convert its notional interest in Novo’s Egina project in Western Australia to an equity stake in Novo1Novo welcomes Sumitomo as a new shareholder with a twelve-month restricted 1.36% undiluted s...Read More
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 guidance1Q1 2022 revenue o...Read More
KEY POINTS Novo has agreed to sell its stake of 15 million shares in New Found Gold Corp. (TSXV: NFG) (“New Found”) to a corporation controlled by Eric Sprott for gross proceeds of C$125.9 million pursuant to arm’s length negotiations (the “Transaction”) r...Read More
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 wo...Read More
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,...Read More
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 AuNumerous rock samples assayed >1 g/t Au, with the ma...Read More
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 westTen soil samples returned > 1 g/t Au including 2.3 g/t Au, 2.13 g/t Au, 1.84...Read More
VANCOUVER, British Columbia, Jan. 31, 2022 (GLOBE NEWSWIRE) -- Novo Resources Corp. (“Novo” or the “Company”) (TSX: NVO, NVO.WT & NVO.WT.A) (OTCQX: NSRPF) is pleased to announce that Novo’s exploration team will provide a comprehensive update on explo...Read More
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...Read More
HIGHLIGHTS First phase of a 15,000 metre reverse circulation (“RC”) drilling program across shallow oxide mineralization on granted mining leases at the Parnell-Vulture Trend was completed prior to the 2021 holiday period, with 83 holes drilled for a total of 5,200 metresPhoto...Read More
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 t...Read More
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 Golde...Read More
HIGHLIGHTS Steinert KSS 100F LIXT fine mechanical sorting unit (the “Sorter”) constructed and commissioned at the Company’s Nullagine gold project (the “Nullagine Gold Project”) in Western AustraliaComet Well and Purdy’s Reward samples have been pro...Read More
HIGHLIGHTS Commencement of >2,000 m diamond drilling program, testing multiple high-order gold targets at the 50%-owned Malmsbury Gold Project (“Malmsbury Project”), 50 km SSW of the high-grade Fosterville gold mine in Victoria, AustraliaDrill targets defined through syst...Read More
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 ouncesCompletion of Beatons Creek Gold Project ( ...Read More
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 Ar...Read More
HIGHLIGHTS Novo continues its brownfields exploration programs focussing on oxide opportunities at its highly prospective Nullagine gold project (“NGP”), with a 15,000 m reverse circulation (“RC”) drilling program commenced at the Parnell-Vulture trend (“P...Read More