Tag Archives: #NovoResources

Novo Exercises Option Over Kalamazoo Resources’ Queens Gold Project

Proven and Probable

“Malmsbury is a very high value Victorian gold target with strong geologic similarities to the high-grade Fosterville deposit approximately 55 km to the north,” commented Quinton Hennigh, Chairman and President of Novo Resources. “Exercise of this option consolidates Novo’s land holdings in this important district. We look forward to expanding our current exploration program beyond the joint venture ground we hold with GBM Resources and identifying drill targets by late this year.”

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

Novo Makes Final Comet Well Payment and Provides Update on Mechanical Sorting Plans

“We are happy to conclude the acquisition of Comet Well,” commented Quinton Hennigh, President and Chairman of Novo Resources. “We see the Karratha gold project, of which Comet Well is a part, as our next opportunity to build upon our strategy to grow Novo into a significant gold producer in the Pilbara region of Western Australia. We are now able to streamline processes to get our trial bulk sampling and mechanical sorting program permitted and underway. By late 2021, we hope to show the market a viable path forward for this very important project.”

Novo’s focus is primarily to explore and develop gold projects in the Pilbara region of Western Australia, and Novo has built up a significant land package covering approximately 13,750 square kilometres with varying ownership interests. 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

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

 

Novo Announces Appointment of Michael Spreadborough to Board of Directors

“Novo is delighted to welcome Mr. Spreadborough to our board of directors,” commented Dr. Quinton Hennigh, President and Chairman of the Company. “Mr. Spreadborough brings with him a wealth of Australian resource industry operational experience and international executive public company experience. His experience strengthens operational oversight within Novo’s board. We look forward to working with Mike as we advance towards production.”

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

Novo Resources, Proven and Proable

Novo Receives Conditional Approval to Graduate to the Toronto Stock Exchange

“This is a significant milestone for the Company,” commented Dr. Quinton Hennigh, Chairman, President, and a director of Novo. “Novo has grown dramatically since the Company’s initial public offering and listing on the Canadian Securities Exchange in June, 2010. I would like to thank the TSXV for its years of continuous support after accepting Novo’s listing in May 2015. Given Novo’s international exposure, we believe it is time to graduate to the TSX, one of the premier exchanges for publicly traded companies, in order to enhance liquidity of Novo’s stock and extend Novo’s appeal to the international investment community.”

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

Beatons Creek Operational Update

Novo CEO and director Rob Humphryson commented, “Despite the challenges created by some recent heavy rainfall, the project is tracking safely, within budget and to schedule. All contractors at the site continue to perform outstanding work and we thank them for their cooperative efforts.”

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

Novo Confirms Delivery of Steinert KSS Mechanical Sorter and Provides Operational Update From Beatons Creek

Novo CEO and director Rob Humphryson commented, “GRES and their key subcontractors Duratech P/L and Northfields WA P/L continue to perform outstanding work. The further we move through plant refurbishment works without encountering major operational issues, the more we de-risk the start-up and commissioning phases of the project. On the people front, Novo is assembling an outstanding team across all facets of the operation, with observable levels of enthusiasm, commitment and communication auguring well for the future success of the operation.”

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

Novo Provides Update on Partial Sale of Blue Spec Project

“Novo looks forward to completing the Transaction with Calidus,” commented Dr. Quinton Hennigh, Chairman and President of Novo. “Novo’s team is currently focused on moving its Beatons Creek project toward production. As mentioned previously, cash from the Transaction will allow Novo to aggressively pursue exploration at Beatons Creek, as well as test the Company’s numerous other near-surface gold targets in the region, part of Novo’s vision for growth in the Nullagine camp.”

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