Gold $ 1864.10 -10.30

Silver $ 22.85 -0.40

Palladium $ 2211.00 20.00

Platinium $ 862.00 -1.20

Novo Resources, Proven and Probable

Novo Discovers Broad Gold-Bearing Swale at Egina Mining Lease and Discusses Terrace Concept

“We are pleased to see a model coming together of gravel gold mineralization across the greater Egina terrace,” commented Quinton Hennigh, President and Chairman of Novo Resources. “We are starting to see a pattern of gravel gold distribution that appears robust around Egina. Recently discovered broad gold bearing swales discovered at Paradise likely tie back to areas further south. This implies we have a network of swales nearly 10 km wide and 17 km from south to north to further explore around Egina, a small part of our large land holdings across the expansive terrace. We have many other target areas to test across our terrace holdings this year. We are just getting started.”

Investor Relations:

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

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