Gold $ 1741.00 4.40

Silver $ 26.88 0.13

Palladium $ 2393.10 62.10

Platinium $ 1214.30 15.90

Novo Provides Update From Malmsbury Project in Victoria, Australia

“We are delighted to be working closely with the technically savvy GBM exploration team at Malmsbury,” commented Quinton Hennigh, Chairman and President of Novo. “Early stage work is already resulting in very encouraging results that support our thesis that Malmsbury hosts a high-grade epizonal orogenic gold system like that at Fosterville approximately 58 km to the north. Recent rock chip sampling is not only turning up high-grade gold assays in vein material but importantly, in disseminated form in mineralized host rocks, a characteristic of the high-grade Fosterville lodes. Although early days, we anticipate working with GBM to ramp up the level of exploration at this very exciting project.”

About Novo Resources Corp.

Novo is advancing its flagship Beatons Creek gold project to production while exploring and developing its highly prospective land package covering approximately 14,000 square kilometres in the Pilbara region of Western Australia. In addition to the Company’s primary focus, Novo seeks to leverage its internal geological expertise to deliver value-accretive opportunities to its shareholders. For more information, please contact Leo Karabelas at (416) 543-3120 or e-mail leo@novoresources.com

 

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