Novo Resources Corp.

VANCOUVER, British Columbia, March 13, 2018 -- Novo Resources Corp. is pleased to announce that all of the 3,927,884 share purchase warrants issued in a private placement which closed on March 8, 2016 have been exercised, raising gross proceeds of $3,338,701. Novo’s current cash balance stands at approximately CAD $69.5 million. “We are delighted with the level of shareholder support demonstrated by 100% of [...]

VANCOUVER, British Columbia, Feb. 14, 2018 -- Novo Resources Corp. is pleased to announce its 2018 exploration program at its Karratha gold project has begun. Diamond drilling and trenching have recently been initiated at Comet Well. At Purdy’s Reward, additional bulk sample results have returned allowing for planning of follow up work in this area. Comet Well, a farm-in and joint venture Novo has with two [...]

VANCOUVER, British Columbia, Feb. 06, 2018 -- Novo Resources Corp. has entered into a commercial arrangement with SGS Minerals of Perth, Western Australia, to secure access to a test plant for the processing of 5 tonne bulk samples from its Karratha Gold Project. SGS is a leading service provider to the global mining and minerals industry. The Company’s previous news releases have described the nuggety nature of [...]

VANCOUVER, British Columbia, Jan. 31, 2018 -- Novo Resources Corp. is delighted to welcome Kas De Luca to its team as its Senior Exploration Manager. With a career spanning more than 30 years, including extensive international experience with companies such as Dundee Precious Metals, Placer Dome, KCGM and Goldfields, Ms. De Luca joins the Company most recently from Newcrest Mining Ltd., where she held the role of Regional [...]

VANCOUVER, British Columbia, Jan. 23, 2018 -- Novo Resources Corp. is pleased to announce that the Programme of Works submission for exploration activities at Comet Well has been approved by the Department of Mines, Industry Regulation and Safety of Western Australia. To date, Novo’s exploration activities at the Karratha gold project have been focused on the Purdy’s Reward tenement, part of a 50-50 joint [...]

VANCOUVER, British Columbia, Dec. 21, 2017 -- Novo Resources Corp. is pleased to provide an update on exploration activities at Purdy’s Reward, a farm-in and joint venture Novo has with ASX-listed Artemis Resources Ltd. and part of Novo’s greater Karratha gold project, Western Australia. Recent events include: (Figure 2: Plan map showing the location of Trenches 1, 2 and 3 and diamond drill holes 17PPD001 [...]

Novo Resources is pleased to announce that tenements at Comet Well have been granted by the Department of Mines, Industry Regulation and Safety in Western Australia . Novo is now entitled to commence exploration work on the Comet Well Tenements directed at satisfying conditional farm-in rights Novo holds with respect to Comet Well. If those commitments are satisfied and other conditions under the Comet Well agreements are [...]

VANCOUVER, British Columbia, Dec. 04, 2017 -- Novo Resources Corp. is pleased to announce that Ngarluma Aboriginal Corporation has now signed agreements with the applicants for the Comet Well tenements that have allowed heritage surveys to commence. The Comet Well tenements are now expected to be granted to the applicants in due course. Novo will then be entitled to commence exploration work directed at satisfying [...]

VANCOUVER, British Columbia, Nov. 30, 2017 -- Novo Resources Corp. is pleased to announce that it has satisfied its farm-in exploration expenditure commitment on 38 tenements and tenement applications which comprise the land package subject to the farm-in and joint venture agreements signed with Artemis Resources Ltd. . As a result, the 50:50 joint venture between Novo and Artemis is now live. Artemis and Novo, through [...]

VANCOUVER, British Columbia, Nov. 24, 2017 -- Novo Resources Corp. is pleased to provide an update on exploration activities at the Purdy’s Reward tenement, a key tenement within the farm-in and joint venture Novo has with ASX-listed Artemis Resources Ltd. and part of Novo’s greater Karratha gold project, Western Australia. In addition to this update, Novo wishes to advise that the Company has recently been [...]