HIGHLIGHTS Subject to Toronto Stock Exchange approval, Liatam Mining Pty Ltd has agreed to further invest A$1.8 million to obtain 9,000,000 shares at A$0.20 per share in Novo to increase their shareholding from ~3% to ~6%. Liatam has exceeded the required spend of A$1.75 million to form the 80%/20% Quartz Hill Joint Venture with Novo in the East Pilbara, Western Australia. Liatam has acquired legal title to the tenements [...]
HIGHLIGHTS Novo has executed agreements with Calidus Resources Ltd. to divest its Nullagine Gold Project in the East Pilbara region of Western Australia on 20 December 2023, with completion occurring on 21 December 2023. Calidus has assumed all obligations, royalties, claims and liabilities relating to the Nullagine Gold Project, including the rehabilitation liability. Novo has received completion consideration of [...]
HIGHLIGHTS SQM Australia has agreed to pay A$10 million for a 75% interest in five of Novo's prospective lithium - nickel tenements in the West Pilbara, near Roebourne, Western Australia, forming the Harding Battery Metals Joint Venture, and for an option over additional Novo Pilbara tenements. The Harding Battery Metals Joint Venture tenements are adjacent to or in the vicinity of Azure Minerals' Andover Lithium - Nickel [...]
Novo Resources Corp. is pleased to advise the release of its 2023 Sustainability Report, which outlines progress over the past year. The report is available on the Company's website Sustainability Report 2023. Novo's 2023 Sustainability Report demonstrates that while the business strategy has shifted from production to exploration, the commitment to sustainability remains unchanged and the Company's stakeholders [...]
HIGHLIGHTS Continued exploration success in the Egina Gold Camp, Novo's highly prospective gold belt in the Pilbara, Western Australia. 30 holes for 2,424 m of shallow reverse circulation drilling completed at Nunyerry North in maiden drill program. All gold photonAssayTM results now received, including best new intercepts of: 11 m @ 1.98 g/t Au including 7m @ 2.92 g/t Au ; 4 m @ 4.15 g/t Au including 2m @ 7.42 g/t ; 5 m [...]
HIGHLIGHTS Novo to commence a ~2,300 m program of diamond drilling at the Belltopper gold project in Victoria. Drill program designed to test several newly identified, high priority structural and geophysical targets, including high-grade, epizonal, "Fosterville-style", mineralisation within key regional anticlines. Targets include a developing high-grade zone on the Leven Star reef, where previous drilling in 2022 [...]
Novo Resources Corp. reports that all resolutions proposed to shareholders at the annual general meeting of shareholders held on October 31, 2023 passed, including the election of all of the director nominees listed in the management information circular September 15, 2023. Voting as to each of the director nominees was as follows: Name of Nominee Votes Cast FOR % Votes Cast FOR Votes WITHHELD % of Votes WITHHELD Michael [...]
Novo Resources Corp. is pleased to provide further details of the Company's upcoming annual general meeting , scheduled for 6:00 p.m. PDT on Tuesday, 31 October 2023, and of the management presentation to be given immediately after the Meeting. Annual General Meeting Formalities Please see the Company's notice of meeting and information circular, as filed under the Company's profile at www.sedarplus.ca and released on the [...]
HIGHLIGHTS Strong results received from the first six drill holes of the maiden drill program at Nunyerry North, including best intercepts of 13 m @ 1.18 g/t Au, 7 m @ 1.12 g/t Au and 3 m @ 1.37 g/t Au.1 Drill program designed to test the > 1.4 strike km surface gold anomaly with high grade gold in rock chip results from sheeted quartz veins.2 24 holes for 2,028 m of reverse circulation drilling completed to date with [...]
HIGHLIGHTS Liatam has expanded the Quartz Hill Project area and increased the earn-in amount to A$1.7 million. The additional tenements extend the exploration area from 615 km sq to 818 km sq. Two main focus areas progressed during 2022 exploration reconnaissance programs extending the mapped pegmatite swarms to over 5 km strike. Liatam is required to spend A$1.7 million over a 24-month period to earn up to an 80 [...]
Novo Resources Corp. reports that its annual general meeting has been scheduled for 31 October 2023 at 6 pm Pacific Time and virtually through the AGM Connect platform. There will be a business update following the meeting. Shareholders are encouraged to attend the AGM online, however if you wish to attend the meeting in person, you must contact Diane Barley by 17 October 2023 so that you may be informed of, and confirm [...]
Novo Resources Corp. advises that Ms Amy Jo Stefonick has resigned as a director of the Company. The Company would like to thank Ms Stefonick for her invaluable contributions throughout her time with Novo. Mr Mike Spreadborough, Executive Chairman and Acting Chief Executive Officer, said: "On behalf of the Company's directors, employees, and stakeholders, I would like to sincerely thank Ms Stefonick for two years of [...]
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