KEY POINTS No lost time injuries at the Beatons Creek conglomerate gold project through Q3 2021 Minimal COVID-19 pandemic-related operational disruptions Gold production of 18,144 oz Au in Q3 2021 Mining and milling targeted rates achieved Head grades have been lower than forecast due to previous reliance on wide-spaced grade control drilling which results in lower accuracy of the modelled Beatons Creek oxide mineral [...]
HIGHLIGHTS Reverse Circulation drilling program intersects high-grade mineralization at Novo's Talga 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 g/t Au from 11 m at the NW Australian prospect These are significant drilling results from Novo's expanded orogenic and brownfields exploration program A corridor of mineralized structures [...]
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 and the Golden Eagle processing facility. A program of over 25,000 metres of reverse circulation drilling is in progress across several priority basement targets. Novo's exploration team has recently identified [...]
Novo Resources Corp. is pleased to announce that senior management will provide an operational and exploration update from the Nullagine gold project and the Pilbara region in Western Australia at the following upcoming webinars: Focus Communications & Cory Fleck Monday, August 9 @ 1pm PST / 4pm EST To register and attend the webinar, please use the following link:https://event.webinarjam.com/channel/NOVO John Tumazos [...]
Novo Resources Corp. is pleased to announce that Mr. Michael Spreadborough, currently one of the Company's independent directors , has been appointed by Novo's board of directors to the role of executive co-chairman. Dr. Quinton Hennigh, the Company's long-serving chairman and president, is transitioning to non-executive co-chairman of the Company and will remain actively involved with Novo's exploration teams as efforts [...]
HIGHLIGHTS Continuing excellent safety record with no LTIs recorded at the Company's Beatons Creek conglomerate gold project Record monthly gold production of 8,589 oz Au in July, a 46% increase over June 7,899 ounces of gold sold in July, generating revenue of C$17.8 million1 , a 50% increase over June Record number of grade control assays processed in July , expecting to clear the assay backlog by October 2021 [...]
No lost time injuries at the Beatons Creek conglomerate gold project in Nullagine, Western Australia Record gold production of 5,898 oz Au in June, a 16.5% increase over May June revenue of C$11.9 million , an 11.4% increase over May ) Operational positive cash flow from Nullagine Gold Project achieved in May and June Mining and processing rates continued to increase, with 232 kt gold-bearing conglomerate material mined [...]
Novo Resources Corp. reports that all resolutions proposed to shareholders at the annual general meeting of shareholders held today were duly passed. All of the director nominees, as listed in the management information circular dated May 7, 2021, were elected. Voting as to each of the director nominees was as follows: Name of Nominee Votes Cast FOR % Votes Cast FOR Votes WITHHELD % of Votes WITHHELD Quinton Hennigh [...]
Novo Resources Corp. today announced details of the Company's upcoming annual general meeting scheduled for 4:00 p.m. PDT on Tuesday, June 22, 2021, and investor presentation to be held subsequent to the Meeting at 4:30 p.m. PDT. Annual General Meeting Formalities Shareholders who wish to attend the Meeting virtually must pre-register with Ronan Sabo-Walsh at ronan.sabo-walsh@novoresources.com by 3:00 p.m. PDT on Monday [...]
Novo Resources Corp. is pleased to announce that the Toronto Stock Exchange has accepted for listing 5,176,500 common share purchase warrants of the Company . The TSX has advised that the 2021 Warrants will be listed for trading on the TSX under the symbol "NVO.WT.A" effective at market open on Monday, June 14, 2021. Each 2021 Warrant is exercisable for one common share of the Company at an exercise price of C$3.00 until [...]
Novo Resources Corp. is pleased to provide an operations update from its Beatons Creek conglomerate gold project in Nullagine, Western Australia following its recent exploration update and previous operational update . Highlights No lost time injuries to date at the Nullagine Gold Project Record gold production of 5,064 oz Au for May 2021, realizing revenue of C$10.8 million from the sale of 4,754 oz Au at an average [...]
Novo Resources Corp. is pleased to provide an update on its current A$12 million exploration program for the remainder of 2021. The program focuses on two primary objectives: advancing near mine exploration opportunities at its Nullagine Gold Project , and following up at numerous greenfields conglomerate-hosted and basement targets across the Pilbara and in Victoria, Australia. The program for the remainder of 2021 also [...]