Novo Resources Corp.

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 recent news release1 for its Beatons Creek gold project, Western Australia. The technical report, entitled "NI 43-101: Mineral Resource Update, Beatons Creek Gold Project, Nullagine, Western Australia" , with an effective date of June [...]

HIGHLIGHTS Liatam Mining Pty Ltd, Australian-based manager of the Bald Hill lithium and tantalum mine in Western Australia, will make a strategic investment of C$5 million in Novo through the purchase of 12,820,512 units of Novo at C$0.39 per unit, representing an undiluted 4.9% post-Financing position in Novo The Unit price represents a 26% premium to Novo's closing price on December 14, 2022 and Novo's 30-day trailing [...]

HIGHLIGHTS Diamond drilling at NRV06 successfully intersected zones over several metres of disseminated to stringer style Ni and Cu sulphide in the Andover Intrusion, with spot assaying using a pXRF of up to 0.95% Ni and 0.25% Cu. Drilling at the Morto Lago target delivered key intercepts of: 3 m @ 3.35 g/t Au from 9 m in KC329; 4 m @ 6.74 g/t Au from 8 m in KC365; and 5 m @ 1.73 g/t Au from 15 m including 2 m @ 4.06 g/t [...]

Novo Resources Corp. - Dear Shareholders, 2022 has certainly been a challenging year for Novo. A booming Western Australian mining industry and, to a certain extent, ongoing impacts of COVID-19 continued to impact the Company, with supply chain issues resulting in sharply elevated costs. Most notably, we had to make the difficult decision to transition operations at the Nullagine gold project to care and maintenance while [...]

Reverse circulation drilling has commenced in the Becher Area, with two rigs now testing prospects within 216 sq km of highly prospective, under-explored Mallina Basin geology on the Egina Project along trend from De Grey Mining Ltd.'s Hemi Gold Deposit. Standout gold results received from aircore drilling at the Irvine prospect, including 4 m @ 4.02 g/t Au from 8 m, with numerous intercepts > 0.1 g/t gold. A broad 100 m [...]

HIGHLIGHTS New exciting high-grade assay results received from the 11-hole, 3,162 m diamond drilling program recently completed at the 50%-owned Malmsbury gold project located 50 km SSW of the high-grade Fosterville gold mine in Victoria, Australia. Significant results generated from the last two holes drilled in the program at Queens Birthday and Leven Star reefs include: 3.1 m @ 9.27 g/t Au from 400.9 m ; 8.1 m @ 5.79 [...]

Novo Resources Corp. is pleased to announce that it has published its inaugural sustainability statement for the 12-month period ended June 30, 2022. The Statement is available on the Company's website. "The Company undertook its first sustainability materiality assessment in early 2022 in order to generate a roadmap to drive improvement and further build its governance framework to align with ambitions," commented Mr [...]

Novo Resources Corp. reports its financial results for the nine-month period ended September 30, 2022. All amounts are expressed in Canadian dollars, unless otherwise noted. This news release should be read together with Novo's management's discussion and analysis and condensed interim consolidated financial statements for the nine-month period ended September 30, 2022 which are available under Novo's profile on SEDAR [...]

Novo Resources Corp. announces an updated Mineral Resource estimate for the Beatons Creek gold project located in the Nullagine region of Western Australia. The 2022 MRE incorporates extensive reverse circulation drilling completed between January 2020 and May 2022. The effective date of the 2022 MRE is June 30, 2022. A Technical Report ) in respect of the 2022 MRE will be filed under the Company's SEDAR profile upon its [...]

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