Novo Resources Corp.

Novo Resources Corp. is pleased to announce that environmental approvals for mining the Beatons Creek conglomerate gold project located in the eastern Pilbara region of Western Australia have been granted. Additionally, the final mining lease required to complete the Project, M46/532, has now been granted. All necessary tenure and Native Title agreements are now in place. Highlights Granting of the mining lease for [...]

Novo Resources Corp. is pleased to announce that it has filed a technical report prepared pursuant to National Instrument 43-101 Standards of Disclosure for Mineral Projects related to its April 1, 2019 news release announcing the increased resource estimate for its Beatons Creek Gold Project, Western Australia . The independent technical report, entitled “NI 43-101 Technical Report, Mineral Resource Update, Beatons [...]

Novo Resources Corp. is pleased to announce that all of the 22,727,350 share purchase warrants issued in a private placement which closed on May 4, 2017 have been exercised, raising gross proceeds of $20,454,615. Novo’s current cash balance stands at approximately CAD $50.7 million. “The Company is delighted that the exercise of the May 2017 warrants has enabled us to replenish our cash balance,&rdquo [...]

Novo Resources Corp. is pleased to provide an update on current exploration programs. Following the end of a late wet season, Novo has commenced its 2019 Pilbara exploration program at both the Egina and Karratha gold projects. Egina Exploration Plan Highlights: At Egina, work in progress includes detailed mapping, and small-scale trench “pan” sampling, in preparation for an upcoming aggressive program of [...]

Novo Resources Corp. is pleased to provide an update regarding plans for the Company’s Beatons Creek conglomerate gold project and its broader East Pilbara projects . Novo recently announced a substantial resource upgrade at Beatons Creek . This increase in size and confidence of the 2019 Resource Estimate is important as it provides what the Company sees as critical mass to underpin an options study across the East [...]

Novo Resources Corp. is pleased to announce an updated resource estimate for its Beatons Creek conglomerate gold project located in the eastern Pilbara region of Western Australia. The 2019 Resource Estimate incorporates diamond drilling and trench channel sampling conducted in 2018. Additionally, bulk sampling has been used to validate a significant portion of the oxide resource. The effective date of the 2019 Resource [...]

Novo Resources Corp. , at the request of the Investment Industry Regulatory Organization of Canada, reports that management is unaware of any undisclosed material change relating to the Company or its operations that would account for the recent increase in market activity. 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 [...]

Novo Resources Corp. is pleased to announce advancements in resource work including wireframe modeling and receipt of initial results from its bulk sampling program at the Company’s Beatons Creek project in Nullagine, WA. Final bulk sample assays are expected soon at which time work on a new resource model will be completed. Novo anticipates announcing a new resource for Beatons Creek around the end of the first [...]

Novo Resources Corp. is pleased to announce it has received encouraging results from initial testing of mechanical rock sorting of gold-bearing conglomerate from its Karratha gold project. As discussed in the Company’s news releases dated November 19 and December 20, 2018, the potential viability of mechanical rock sorting was tested by subjecting four bulk samples to crushing, screening, and sorting using a TOMRA [...]

Novo Resources Corp. is pleased to provide an update on near-term exploration progress. Karratha Gold Project: In its news release dated December 20, 2018, Novo discussed encouraging preliminary results from test work using a TOMRA mechanical rock sorter on gold-bearing conglomerate material from its Karratha gold project. High-grade assays from sorted rock concentrates provided a first indication that the technique is [...]