Novo appoints De Luca senior exploration manager

By Mr. Rob Humphryson reports / January 31, 2018 / www.stockwatch.com / Article Link

Mr. Rob Humphryson reports

NOVO BOOSTS EXPLORATION TEAM

Novo Resources Corp. has appointed Kas De Luca to its team as senior exploration manager. With a career spanning more than 30 years, including extensive international experience with companies such as Dundee Precious Metals, Placer Dome, KCGM and Goldfields, Ms. De Luca joins the company most recently from Newcrest Mining Ltd., where she held the role of regional exploration manager -- Asia Pacific.

"Ms. De Luca comes to Novo with an excellent reputation and a breadth of geological knowledge and experience that will be an invaluable addition to our team," commented Rob Humphryson, chief executive officer anddirector of Novo Resources. "We are delighted that Ms. De Luca has accepted the challenge of helping us unlock the secrets of the unique conglomerate-hosted gold systems across our 12,000 square kilometres of tenements in the Pilbara."

"I'm really looking forwards to joining the team at Novo, and excited by the challenges this new style of hard-rock mineralization will present in both exploration and mining," commented Ms. De Luca.

The company also reports that it has granted incentive options to certain employees of one of Novo's wholly owned subsidiary to purchase up to 1,275,000 common shares in the capital of the company pursuant to its stock option plan. The options are exercisable on or before Jan. 30, 2023, at an exercise price of $3.47 per share. The options are subject to certain vesting conditions.

About Novo Resources Corp.

Novo's focus is to explore and develop gold projects in the Pilbara region of Western Australia, and Novo has built up a significant land package covering approximately 12,000 square kilometres. Novo also controls a 100-per-cent interest in approximately two square km covering much of the Tuscarora gold-silver vein district, Nevada.

© 2018 Canjex Publishing Ltd. All rights reserved.

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