Gold $ 1921.90 19.00

Silver $ 25.20 0.67

Palladium $ 2422.60 71.50

Platinium $ 890.30 21.70

Novo Announces Retirement of Director

“Eric has been part of the Novo story from the beginning,” commented Dr. Quinton Hennigh, President and Chairman of Novo. “He has been there every time we needed financing, and more recently, has provided direct support and guidance as a director during Novo’s recent ascent to becoming one of the foremost gold explorers in the mining industry. It takes vision to do all that Novo has done, and Eric has played an invaluable part. I am truly appreciative of all of the support and guidance he has provided me and the Company over the years.”

Investor Relations:

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

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