Novo Resources Corp.

Novo Resources Corp. is pleased to announce it has taken delivery of its Steinert KSS mechanical sorter and provides an operational update from its Beatons Creek gold project and Nullagine processing facility . Mechanical Sorting Update: The Steinert KSS mechanical sorter has arrived into the port of Fremantle and is currently being delivered to Steinert’s test facility; Orders have been placed for all long lead items [...]

Novo Resources Corp. is providing an update on the previously announced sale of a portion of its Blue Spec project comprising mining leases 46/115 and 46/244 and related mining information in Western Australia to ASX-listed Calidus Resources Ltd. . The Company has executed an amended terms sheet and agreed to a revised transaction structure and payment schedule with Calidus as follows: Calidus will pay A$2.5 million to [...]

Novo Resources Corp. reports that its annual general meeting has been scheduled for December 17, 2020 at 4 pm PST. The Company is pleased to announce that its board of directors has proposed that the size of the Board be increased to six directors and has invited Mr. Ross Hamilton of Perth, Western Australia to stand for election to the Board at the Meeting. Mr. Hamilton has over 20 years of international experience in [...]

Novo Resources Corp. is pleased to provide a further operational update from its Beatons Creek gold project and Nullagine processing facility . Development at Beatons Creek and refurbishment at the Golden Eagle Mill continue to make excellent progress, on schedule and within budget. Recent key milestones achieved include: Golden Eagle Mill refurbishment proceeding on schedule; Mining contractor selected; Ongoing grade [...]

Eric Sprott wishes to clarify certain information appearing in the news release issued yesterday regarding his holdings in Novo Resources Corp. On November 5, 2020, The Sprott Foundation, which he controls, sold 40,300 common shares of Novo Resources over the TSX Venture Exchange at a price of $ 3.65 per share for aggregate consideration of $147,095.00. As a result of the sale and previous share issuances by Novo [...]

Novo Resources Corp. is pleased to announce that the TSX Venture Exchange has accepted for listing 7,476,687 common share purchase warrants. The TSXV has advised that these share purchase warrants will be listed for trading on the TSXV under the symbol “NVO.WT” effective at market open on Tuesday, November 10, 2020. A total of 17,192,379 subscription receipts were issued pursuant to the Company’s brokered and non-brokered [...]

Eric Sprott announces that today, The Sprott Foundation, which he controls, sold 40,300 common shares of Novo Resources Corp. over the TSX Venture Exchange at a price of $ 3.65 per share for aggregate consideration of $147,095.00. As a result of the sale and previous share issuances by Novo Resources Corp., Mr. Sprott's partially diluted beneficial ownership of shares decreased to below 10% and, therefore, the filing of [...]

Novo Resources Corp. is pleased to announce that mapping and rock sampling have confirmed a new conglomerate discovery located approximately 2 kms to the south-west of the current Beatons Creek conglomerate gold resource ). The prospect, designated ‘Skyfall,’ has been confirmed as a younger depositional cycle in the Nullagine gold project. The mineralisation is located within easy trucking distance to the recently [...]

Novo Resources Corp. is pleased to provide a further operational update, including from its Beatons Creek gold project on which development activities continue, and from refurbishment works at the Nullagine processing facility and associated infrastructure which are proceeding on schedule . Development activities at Beatons Creek: Civil works: Works at Beatons Creek are progressing to plan with the development of site [...]

Novo Resources Corp. is pleased to provide an update on advanced planning ahead of CY2021 field trials using its Steinert KSS mechanical sorter at the Karratha Project . A highlight of recent preparatory laboratory test work includes successful recovery of significant gold from the previously untested fines fraction as well as recovery of fine gold encapsulated in rocks from coarser size fractions . Both of these findings [...]