Category: Novo Resources

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HIGHLIGHTS A sixteen (16) kilometre long swarm of lithium-cesium-tantalum (“LCT”) pegmatites (the “Kurrana Pegmatite Swarm”) has been confirmed some 2 km to 5 km north of the Kurrana Granitic Complex along the contact with the Mosquito Creek Basin. Recent reconnaissance exploration programs defined over 200...

VANCOUVER, British Columbia, May 24, 2022 (GLOBE NEWSWIRE) — Novo Resources Corp. (“Novo” or the “Company”) (TSX: NVO, NVO.WT & NVO.WT.A) (OTCQX: NSRPF) advises that as a result of operational issues with the SAG mill trunnion seal at the Nullagine gold project’s Golden Eagle processing facility (the “Golden Eagle...

In light of the transformational transaction, in regards to Novo set to become debt free and very cashed up as the sale of New Found Gold shares gets wrapped up, I thought it would timely to sum up my current view of the story. Note...

Kas De Luca, Novo Resources General Manager of Exploration provides a detailed overview of our Malmsbury Gold project, a joint venture between Novo Resources (TSX:NVO) and ASX listed GBM Resources (ASX:GBZ)

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 amounts are expressed in Canadian dollars, unless otherwise noted. This...

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-grade gold mineralized zone. Significant results received to date include...

HIGHLIGHTS Novo’s battery metals exploration program is ramping up, with geophysical surveys already underway in preparation for a significant drill program to commence in Q3 2022. Induced polarization (“IP”) ground geophysical surveys are currently being conducted across several Ni-Cu targets and Au-Cu-Co targets in the...

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 million shares (the “Transaction”) of New Found Gold...

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 Novo1 Novo welcomes Sumitomo as a new shareholder with a twelve-month restricted 1.36% undiluted stake Pursuant to a...