National Virtual Observatory

American Kidney Fund Will Host Cystinosis Camp as Part of National Virtual Camp for Children and Teens with Kidney Disease

Retrieved on: 
Monday, May 8, 2023

ROCKVILLE, Md., May 08, 2023 (GLOBE NEWSWIRE) -- This fall, the American Kidney Fund will be offering special programming specifically for children with cystinosis during its much-loved national virtual camp for children and teens with kidney disease.

Key Points: 
  • ROCKVILLE, Md., May 08, 2023 (GLOBE NEWSWIRE) -- This fall, the American Kidney Fund will be offering special programming specifically for children with cystinosis during its much-loved national virtual camp for children and teens with kidney disease.
  • The camp provides an opportunity for children and teens with kidney disease to participate in fun activities, as well as share their experiences with other children who are also battling kidney disease.
  • Cystinosis is a rare genetic condition that occurs in about 1 in 100,000-200,000 children and is not widely known or understood.
  • The campers will participate in the regularly scheduled National Virtual Camp and will be invited to join two one-hour networking programs exclusively for children and teens with cystinosis.

Novo Appoints Michael Spreadborough, Highly Credentialled Executive, as Executive Co-Chairman

Retrieved on: 
Thursday, August 5, 2021

Rob Humphryson continues in his longstanding role as Chief Executive Officer and director, reporting to the executive co-chairman.

Key Points: 
  • Rob Humphryson continues in his longstanding role as Chief Executive Officer and director, reporting to the executive co-chairman.
  • Mr. Spreadborough joined the Company in January 2021 and immediately became an integral part of the team, commented Dr. Hennigh.
  • Michael brings a wealth of Australian resource industry operational experience and international executive public company experience with both TSX and ASX-listed issuers to Novo.
  • In addition to the Companys primary focus, Novo seeks to leverage its internal geological expertise to deliver value-accretive opportunities to its shareholders.

Record Monthly Production From Nullagine Gold Project

Retrieved on: 
Thursday, August 5, 2021

VANCOUVER, British Columbia, Aug. 05, 2021 (GLOBE NEWSWIRE) -- Novo Resources Corp. (“Novo” or the “Company”) (TSX: NVO, NVO.WT & NVO.WT.A) (OTCQX: NSRPF) is pleased to provide an operations update from the Nullagine Gold Project after another record month of growth. Subsequent updates will be provided on a quarterly basis.

Key Points: 
  • Record monthly gold production of 8,589 oz Au in July, a 46% increase over June
    7,899 ounces of gold sold in July, generating revenue of C$17.8 million1 (A$19.2 million), a 50% increase over June
    July month-end cash balance of C$49 million, representing 6% growth since June
    Im delighted with the continuing positive trajectory of the Nullagine Gold Project as the team adjusts to mining and processing this completely new style of conglomerate gold mineralization, commented Rob Humphryson, CEO and a director of the Company.
  • VANCOUVER, British Columbia, Aug. 05, 2021 (GLOBE NEWSWIRE) -- Novo Resources Corp. (Novo or the Company) (TSX: NVO, NVO.WT & NVO.WT.A) (OTCQX: NSRPF) is pleased to provide an operations update from the Nullagine Gold Project after another record month of growth.
  • Intertek have also been selected to design and manage a site-based sample preparation laboratory at the Nullagine Gold Project.
  • This prospect is located some 30 km to the north of the town of Marble Bar (150km north of Nullagine) and is suitable for haulage to the Companys Golden Eagle processing facility at the Nullagine Gold Project.

Exploration Program Update

Retrieved on: 
Thursday, June 3, 2021

VANCOUVER, British Columbia, June 03, 2021 (GLOBE NEWSWIRE) -- Novo Resources Corp. (Novo or the Company) (TSX: NVO & NVO.WT; OTCQX: NSRPF) is pleased to provide an update on its current A$12 million exploration program for the remainder of 2021.

Key Points: 
  • VANCOUVER, British Columbia, June 03, 2021 (GLOBE NEWSWIRE) -- Novo Resources Corp. (Novo or the Company) (TSX: NVO & NVO.WT; OTCQX: NSRPF) is pleased to provide an update on its current A$12 million exploration program for the remainder of 2021.
  • The program for the remainder of 2021 also includes mechanical sorting test work from multiple projects including Novos Karratha gold project.
  • Early this year, Novo conducted exploration at its Malmsbury, Victoria joint venture where exciting targets have been generated for drill testing later this year.
  • The current RC drilling program at Skyfall is designed to provide indicative grades with a follow up program designed to expand strike extent.

Novo Reports Amendment of Sprott Credit Facility

Retrieved on: 
Friday, April 9, 2021

VANCOUVER, British Columbia, April 09, 2021 (GLOBE NEWSWIRE) -- Novo Resources Corp. (Novo or the Company) (TSX: NVO & NVO.WT; OTCQX: NSRPF) is pleased to announce that it has entered into an agreement to amend certain terms of its outstanding US$60 million credit facility (the Facility) with Sprott Resource Lending Corp. and Sprott Private Resources Lending II (Collector), LP (collectively, Sprott) (please refer to the Companys news releases dated August 4, 2020 , and September 8, 2020 ), and has drawn down an additional US$5 million.

Key Points: 
  • VANCOUVER, British Columbia, April 09, 2021 (GLOBE NEWSWIRE) -- Novo Resources Corp. (Novo or the Company) (TSX: NVO & NVO.WT; OTCQX: NSRPF) is pleased to announce that it has entered into an agreement to amend certain terms of its outstanding US$60 million credit facility (the Facility) with Sprott Resource Lending Corp. and Sprott Private Resources Lending II (Collector), LP (collectively, Sprott) (please refer to the Companys news releases dated August 4, 2020 , and September 8, 2020 ), and has drawn down an additional US$5 million.
  • Novo drew down the first US$35 million tranche of the Facility in September 2020.
  • The remaining US$10 million available under the renegotiated second tranche is subject to the satisfaction by Novo, or waiver by Sprott, of certain conditions set out in the credit agreement governing the Facility.
  • In addition to the Companys primary focus, Novo seeks to leverage its internal geological expertise to deliver value-accretive opportunities to its shareholders.

Novo Exercises Option Over Kalamazoo Resources’ Queens Gold Project

Retrieved on: 
Monday, March 22, 2021

VANCOUVER, British Columbia, March 22, 2021 (GLOBE NEWSWIRE) -- Novo Resources Corp. (Novo or the Company) (TSX: NVO & NVO.WT; OTCQX: NSRPF) is pleased to announce that it has exercised its option to earn a 50% interest in the Queens gold project (the Queens Project) located in the Bendigo zone of Australias Victorian goldfields (figure 1 and figure 2 below) and held by ASX-listed Kalamazoo Resources Limited (ASX: KZR) (Kalamazoo).

Key Points: 
  • VANCOUVER, British Columbia, March 22, 2021 (GLOBE NEWSWIRE) -- Novo Resources Corp. (Novo or the Company) (TSX: NVO & NVO.WT; OTCQX: NSRPF) is pleased to announce that it has exercised its option to earn a 50% interest in the Queens gold project (the Queens Project) located in the Bendigo zone of Australias Victorian goldfields (figure 1 and figure 2 below) and held by ASX-listed Kalamazoo Resources Limited (ASX: KZR) (Kalamazoo).
  • Novo has issued 584,215 common shares (the Option Shares) to Kalamazoo as consideration for the exercise of the option.
  • 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.
  • If Novo does not satisfy the Earn-In Amount during the Earn-In Period, Novos interest in the Queens Project will decrease to 49%.

Novo Receives Final Regulatory Approvals and Provides an Operational Update From Beatons Creek

Retrieved on: 
Wednesday, February 3, 2021

VANCOUVER, British Columbia, Feb. 03, 2021 (GLOBE NEWSWIRE) -- Novo Resources Corp. (Novo or the Company) (TSX: NVO & NVO.WT; OTCQX: NSRPF) is pleased to announce all regulatory approvals have now been received and provide an operational update from its 100% controlled Beatons Creek gold project (Beatons Creek) and Nullagine processing facility (Golden Eagle Mill).

Key Points: 
  • VANCOUVER, British Columbia, Feb. 03, 2021 (GLOBE NEWSWIRE) -- Novo Resources Corp. (Novo or the Company) (TSX: NVO & NVO.WT; OTCQX: NSRPF) is pleased to announce all regulatory approvals have now been received and provide an operational update from its 100% controlled Beatons Creek gold project (Beatons Creek) and Nullagine processing facility (Golden Eagle Mill).
  • Development at Beatons Creek and refurbishment at the Golden Eagle Mill continue to progress safely, on schedule and within budget.
  • All tanks have been fully refurbished, key new gravity circuit componentry has been installed and all concreting works are complete.
  • With all regulatory approvals now to hand, we turn our focus to commissioning the processing plant and advancing Beatons Creek towards production.

Beatons Creek Operational Update

Retrieved on: 
Thursday, December 17, 2020

VANCOUVER, British Columbia, Dec. 17, 2020 (GLOBE NEWSWIRE) -- Novo Resources Corp. (Novo or the Company) (TSX-V: NVO & NVO.WT; OTCQX: NSRPF) is pleased to provide an operational update from its Beatons Creek gold project (Beatons Creek) and Nullagine processing facility (Golden Eagle Mill).

Key Points: 
  • VANCOUVER, British Columbia, Dec. 17, 2020 (GLOBE NEWSWIRE) -- Novo Resources Corp. (Novo or the Company) (TSX-V: NVO & NVO.WT; OTCQX: NSRPF) is pleased to provide an operational update from its Beatons Creek gold project (Beatons Creek) and Nullagine processing facility (Golden Eagle Mill).
  • Beatons Creek and Nullagine Gold Project Update:
    Development at Beatons Creek and refurbishment at the Golden Eagle Mill continue to progress safely, on schedule and within budget.
  • Please see the Companys news release dated December 8, 2020 for the Companys previous operational update.
  • 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.

Novo and Sumitomo Complete Earn-In Over Kangan Project at Egina With Essential Metals Limited

Retrieved on: 
Wednesday, December 16, 2020

VANCOUVER, British Columbia, Dec. 16, 2020 (GLOBE NEWSWIRE) -- Novo Resources Corp. (Novo or the Company) (TSX-V: NVO; OTCQX: NSRPF) is pleased to announce that it has, in conjunction with Sumitomo Corporation of Tokyo, Japan, completed its earn-in obligations and earned a 70% interest in precious metals rights on Essential Metals Limiteds (formerly Pioneer Resources Limited) (Essential) (ASX: ESS) Kangan project.

Key Points: 
  • VANCOUVER, British Columbia, Dec. 16, 2020 (GLOBE NEWSWIRE) -- Novo Resources Corp. (Novo or the Company) (TSX-V: NVO; OTCQX: NSRPF) is pleased to announce that it has, in conjunction with Sumitomo Corporation of Tokyo, Japan, completed its earn-in obligations and earned a 70% interest in precious metals rights on Essential Metals Limiteds (formerly Pioneer Resources Limited) (Essential) (ASX: ESS) Kangan project.
  • The Kangan project comprises a portion of the Companys Egina project (see figure 1 below).
  • We are excited to continue progressing exploration efforts and align the parties strategic objectives to maximize the potential of the prospective Egina project, commented Quinton Hennigh, Chairman and President of Novo.
  • We look forward to partnering with Sumitomo and our new joint venture partner, Essential, in order to advance the Kangan project and the broader Egina project.

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

Retrieved on: 
Tuesday, December 8, 2020

VANCOUVER, British Columbia, Dec. 08, 2020 (GLOBE NEWSWIRE) -- Novo Resources Corp. (Novo or the Company) (TSX-V: NVO & NVO.WT; OTCQX: NSRPF) is pleased to announce it has taken delivery of its Steinert KSS mechanical sorter and provides an operational update from its Beatons Creek gold project (Beatons Creek) and Nullagine processing facility (Golden Eagle Mill).

Key Points: 
  • VANCOUVER, British Columbia, Dec. 08, 2020 (GLOBE NEWSWIRE) -- Novo Resources Corp. (Novo or the Company) (TSX-V: NVO & NVO.WT; OTCQX: NSRPF) is pleased to announce it has taken delivery of its Steinert KSS mechanical sorter and provides an operational update from its Beatons Creek gold project (Beatons Creek) and Nullagine processing facility (Golden Eagle Mill).
  • The Steinert KSS mechanical sorter has arrived into the port of Fremantle (Perth) and is currently being delivered to Steinerts test facility;
    Orders have been placed for all long lead items (feeder hopper, feeder conveyor, discharge conveyors).
  • Beatons Creek and Nullagine Gold Project Update:
    Development at Beatons Creek and refurbishment at the Golden Eagle Mill continue to progress safely, on schedule and within budget.
  • Please see the Companys news release dated November 18, 2020 for the Companys previous operational update.