Novo Resources Corp. is pleased to announce that it has poured its first gold bar from the Company's Beatons Creek gold project in Nullagine, Western Australia . The Company's inaugural commissioning gold pour was achieved following refurbishment of the Golden Eagle mill and rapid development of the Project, both of which have been completed on time and under budget. Key recent project milestones: February 16, 2021 - Novo [...]
Novo Resources Corp. is pleased to announce that it has made its final payment for the Comet Well Project in the Karratha region of Western Australia comprised of A$3 million cash and 1,198,395 common shares . The Consideration Shares are subject to a statutory hold period expiring on June 5, 2021. As discussed in Company news releases dated June 18, 2020 and December 8, 2020, Novo is planning bulk excavation and field [...]
Novo Resources Corp. is pleased to announce all regulatory approvals have now been received and provide an operational update from its 100% controlled Beatons Creek gold project and Nullagine processing facility . Highlights: Development at Beatons Creek and refurbishment at the Golden Eagle Mill continue to progress safely, on schedule and within budget. Recent key events and milestones include: All regulatory approvals [...]
Novo Resources Corp. is pleased to announce that it has received a second payment totaling A$5 million from Calidus Resources Ltd. for certain tenements comprising the Company's Blue Spec project . Calidus now holds a 25% interest in the Blue Spec Project. In order to complete the purchase of the remaining 75% interest in the Blue Spec Project, Calidus must, by March 31, 2021, pay and issue to the Company a further A$10.3 [...]
Novo Resources Corp. is pleased to provide an update from the Malmsbury project pursuant to its planned joint venture with ASX-listed GBM Resources Limited . GBM recently announced initial exploration results from the Project which are available here. The historical resource estimate disclosed in GBM’s news release of January 15, 2021 is stated to have been reported in accordance with the 2012 edition of the Australasian [...]
Novo Resources Corp. is pleased to announce that Mr. Michael Spreadborough has accepted an invitation to join its board of directors. Michael Spreadborough is currently CEO of Metals X Limited and previously Managing Director & CEO of Nusantara Resources and a Non-Executive Director of CleanTeQ Holdings. Mr. Spreadborough has a mining engineering background, with over 30 years’ experience in mining lead, zinc, uranium [...]
Novo Resources Corp. is pleased to announce that it has received final approval from Toronto Stock Exchange to graduate from the TSX Venture Exchange and list on TSX its common shares and all 8,596,184 common share purchase warrants issued pursuant to the Company’s brokered and non-brokered private placements in August . The Shares and Warrants will commence trading on TSX under their existing ticker symbols “NVO” and [...]
Novo Resources Corp. is pleased to announce that its Annual General Meeting of shareholders was held in Vancouver, British Columbia, Canada on December 17, 2020 at which all resolutions were passed, being: Setting the number of directors to be elected at six; The re-election of the incumbent directors of the Company, being Quinton Hennigh, Rob Humphryson, Akiko Levinson, Michael Barrett, and Yoshikazu Ishikawa; The [...]
Novo Resources Corp. is pleased to announce that it has received conditional approval from the Toronto Stock Exchange to graduate from the TSX Venture Exchange and list its common shares and certain common share purchase warrants on the TSX. Final approval of the listing is subject to the Company fulfilling the TSX’s standard listing conditions. Upon, and subject to, receipt of final TSX approval, Novo’s common shares and [...]
Novo Resources Corp. is pleased to provide an operational update from its Beatons Creek gold project and Nullagine processing facility . Beatons Creek and Nullagine Gold Project Update: Development at Beatons Creek and refurbishment at the Golden Eagle Mill continue to progress safely, on schedule and within budget. Recent key events and milestones include: Iron Mine Contracting Pty Ltd has commenced ramping up activities [...]
Novo Resources Corp. is pleased to announce that it has, in conjunction with Sumitomo Corporation of Tokyo, Japan, completed its earn-in obligations and earned a 70% interest in precious metals rights on Essential Metals Ltd.’s Kangan project. The Kangan project comprises a portion of the Company’s Egina project . Please see the Company’s news releases dated September 17, 2018, and June 7, 2019 for further details. “We [...]
Novo Resources Corp. today announced details of the Company’s upcoming investor presentation to be held subsequent to the Company’s annual general meeting on December 17, 2020. The presentation will begin at 4:30 p.m. PST and will be accessible through a live presentation link . Due to the ongoing health risk related to the COVID-19 pandemic and continuing government restrictions on public gatherings in support of social [...]
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