Gold $ 1908.50 -12.40

Silver $ 24.79 -0.15

Palladium $ 2400.00 40.90

Platinium $ 894.10 10.20

Novo Signs Binding Terms Sheet With Mark Creasy and Consolidates 2,900 sq km of Prospective Pilbara Tenure

“Mark Creasy, arguably Western Australia’s foremost prospector, helped Novo get established in the Pilbara region ten years ago,” commented Quinton Hennigh, President, Chairman, and a director of Novo Resources. “Since that time, we have worked, with the Creasy Group’s help, to build Novo into the dominant player in the Pilbara region. We look forward to continuing our strong relationship with Mr. Creasy, a major shareholder, as we move Novo towards becoming a gold producer.”

For more information, please contact Leo Karabelas at (416) 543-3120 or e-mail leo@novoresources.com

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