Gold $ 1835.40 6.30

Silver $ 27.59 0.14

Palladium $ 2941.10 47.60

Platinium $ 1260.10 12.10

Novo Resources, Proven and Probable

Novo Provides Update on Production Ramp-Up at Beatons Creek Gold Project

“Novo is delighted to have assembled a high calibre team in such a short timeframe and in a buoyant commodity market,” commented Rob Humphryson, CEO and a director of Novo. “Considerable progress has been made to date and we continue to generate positive momentum as we ramp up production at Beatons Creek to steady state.”

About Novo Resources Corp.

Novo is commissioning its flagship Beatons Creek gold project 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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