Novo Resources Corp.

HIGHLIGHTS Liatam intends to spend ~A$6 million during 2024 to progress lithium exploration at the Quartz Hill Joint Venture Exploration to date extended known lithium mineralisation at the Lepidolite Fields LCT pegmatite swarm target with best results from surface sampling by Liatam of: 2.71% Li2O, and 828 ppm Cs2O 2.37% Li2O, 303 ppm Ta2O5 and 883 ppm Cs2O 2.14% Li2O, 615 ppm Ta2O5 and 1,195 ppm Cs2O 1.98% Li2O, 277 ppm [...]

Novo Resources Corp. announces that it has changed its auditors from Ernst & Young to Deloitte Touche and Tohmatsu effective 6 May 2024. At the request of the Company, the Former Auditor resigned as the auditor of the Company effective 6 May 2024, and the Board of Directors of the Company appointed the Successor Auditor as the Company's auditor effective 6 May 2024, until the next Annual General Meeting of the Company [...]

HIGHLIGHTS Significant exploration results delivered across Novo Resource's Western Australian gold portfolio, notably at the Becher and Nunyerry North Projects. Drill intercepts from the maiden Nunyerry North exploration program completed in H2 2023 were re-analysed by multi-pot PhotonAssayTM. This larger sample methodology has upgraded a number of the original significant intercepts1, with new intercepts including: 6 m [...]

HIGHLIGHTS Nunyerry North At Nunyerry North, a ~4,000 m RC drill program is to commence next week following significant results from the maiden drill program. The program will test multiple new targets along strike of known mineralisation and down plunge of existing intercepts. Significant intercepts from the maiden RC program at Nunyerry North1 included: 6 m @ 6.12 g/t Au from 37 m 11 m @ 2.52 g/t Au from 22 m, including [...]

Novo Resources Corp. advises that Mr Michael Barrett has resigned as a director of the Company and Ms Karen O'Neill has been appointed as an independent non-executive director of the Company. Mr Mike Spreadborough, Executive Co-Chairman, shared "On behalf of the Company's directors, employees, and stakeholders, I would like to sincerely thank Mr Barrett for his tireless commitment to Novo spanning over 6 years as a [...]

HIGHLIGHTS Significant drill intercepts from the 2023 Nunyerry North program of shallow reverse circulation drilling were re-analysed by multi-pot PhotonAssay™. The drill program comprised 30 holes for 2,424 m. This larger sample methodology has upgraded a number of the existing significant intercepts, with new intercepts including: 6 m @ 6.12 g/t Au from 37 m 11 m @ 2.52 g/t Au from 22 m, including 6 m at 4.19 g/t [...]

Novo Resources Corp. has commenced a process of Board and Leadership renewal to position the Company for its next phase of growth. Novo has started a recruitment process to identify and secure a qualified and experienced Chief Executive Officer . Following the appointment of the new CEO, it is proposed that the current Executive Co-Chairman and acting CEO, Mr Mike Spreadborough, will move to the role of Non-Executive [...]

HIGHLIGHTS More than 10,500 m of combined aircore and reverse circulation drilling completed by De Grey Mining at the Becher Project in Q4 2023, as part of the Egina earn-in/JV RC drilling at Lowe confirmed gold mineralisation associated with a deformed intrusive sill, with a best intercept of 8 m at 4.74 g/t Au from 96 m, including 3 m @ 11.88 g/t Au from 100 m Follow-up RC drilling into a base metal-gold corridor [...]

HIGHLIGHTS Strong exploration progress and results delivered across Western Australian gold portfolio, led by work completed at the Becher and Nunyerry North Projects. ~2,300 m diamond drill program progressing as planned at the Belltopper Gold Project, located in Victoria. Assay results expected in Q1 2024. De Grey completed a total of 7,536 m of AC drilling targeting the Heckmair, Irvine and Bonatti prospects, and [...]

HIGHLIGHTS Liatam Mining Pty Ltd has invested A$1.8 million to acquire 9,000,000 common shares at A$0.20 per share in Novo to increase their shareholding from ~3% to ~6%. Following this investment by Liatam and the A$10 million transaction with SQM Australia in the Harding Battery Metals JV in the West Pilbara, Novo is in a strong financial position to continue its aggressive exploration focus across key gold targets in [...]