Gold $ 1918.20 -2.70

Silver $ 24.90 -0.04

Palladium $ 2400.40 41.30

Platinium $ 898.40 14.50

Further Encouraging Results Received from Mechanical Sorting Tests Completed on Beatons Creek Fines

“Testing of sub-6mm fractions of Beatons Creek conglomerate gold mineralization has yielded results exceeding our expectations, especially considering the fine-grained nature of gold particles characteristic of this material. Results clearly demonstrate sorting has the ability to concentrate gold in these finer size fractions,” commented Rob Humphryson, CEO and a director of Novo. “We now see promising potential to significantly upgrade all crush sizes ranging from 2 to 50mm based on our test work at both TOMRA and Steinert. We look forward to field tests in which we envision optimizing sorting parameters on a large scale from Novo’s various Pilbara gold projects. Importantly, more definitive recovery results will allow evaluation of greatest economic benefits – from coarser size fractions where sorters are at their most productive and in nuggety gold systems, where low capital, chemical-free and water-free processing solutions simplify a path to development.”

Investor Relations:

Leo Karabelas, VP of Corporate Communications
Telephone: (416) 543-3120
E-mail: leo@novoresources.com

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