Associated tags: NVO, TSX, ASX, Gold, Mining, Novo
Locations: BALD HILL, QUEBEC, QUARTZ HILL, CALIFORNIA, VANCOUVER, BC, CA, WESTERN AUSTRALIA, BRITISH COLUMBIA, NOVO, VICTORIA, PILBARA
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Thursday, December 15, 2022
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Unit VANCOUVER, British Columbia, Dec. 15, 2022 (GLOBE NEWSWIRE) -- Novo Resources Corp. (“Novo” or the “Company”) (TSX: NVO, NVO.WT & NVO.WT.A) (OTCQX: NSRPF) is pleased to welcome Liatam as a new shareholder and project investor at Quartz Hill.
Key Points:
- “Novo looks forward to working with Liatam to progress the definition of battery mineral prospectivity across Quartz Hill and potentially the Pilbara region of Western Australia.
- The Unit price represents a 26% premium to Novo’s closing price on December 14, 2022 and 30-day trailing VWAP.
- Each Unit will consist of one common share of Novo and one-quarter of one Warrant.
- In addition to the Company’s primary focus, Novo seeks to leverage its internal geological expertise to deliver value-accretive opportunities to its stakeholders.
VANCOUVER, British Columbia, Dec. 09, 2022 (GLOBE NEWSWIRE) -- Novo Resources Corp. (“Novo” or the “Company”) (TSX: NVO, NVO.WT & NVO.WT.A) (OTCQX: NSRPF) is pleased to provide an exploration update on the Company’s drilling program in the Karratha District, located within Novo’s 10,500 sq km Pilbara exploration portfolio (Figure 1).
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Wednesday, December 7, 2022
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Aegina VANCOUVER, British Columbia, Dec. 07, 2022 (GLOBE NEWSWIRE) -- Novo Resources Corp. (TSX: NVO) (OTC: NSRPF) -
Key Points:
- VANCOUVER, British Columbia, Dec. 07, 2022 (GLOBE NEWSWIRE) -- Novo Resources Corp. (TSX: NVO) (OTC: NSRPF) -
2022 has certainly been a challenging year for Novo.
- There have been some significant highlights at Novo across the year.
- This sale enabled us to facilitate repayment of the Company’s senior secured US$40 million credit facility with Sprott Resource Lending Corp., resulting in Novo being debt free.
- Novo is also committed to continuing development work across key areas of the NGP and progressing key workstreams for the Beatons Creek Fresh Mineral Resource.
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Wednesday, November 30, 2022
VANCOUVER, British Columbia, Nov. 30, 2022 (GLOBE NEWSWIRE) -- Novo Resources Corp. (“Novo” or the “Company”) (TSX: NVO, NVO.WT & NVO.WT.A) (OTCQX: NSRPF) is pleased to provide an update on the Company’s aggressive exploration program in the Egina District within Novo’s 10,500 sq km Pilbara exploration portfolio (Figure 1).
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Friday, November 18, 2022
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Wood drying VANCOUVER, British Columbia, Nov. 18, 2022 (GLOBE NEWSWIRE) -- Novo Resources Corp. (“Novo” or the “Company”) (TSX: NVO, NVO.WT & NVO.WT.A) (OTCQX: NSRPF) is pleased to provide an exploration update from the 50%-owned Malmsbury Project (RL006587) and adjacent 50%-owned Queens Project (EL007112), located approximately 50 km SSW of the high-grade Fosterville mine in Victoria, Australia (Figure 1). The Malmsbury Project is a joint venture with ASX-listed GBM Resources Ltd. (ASX:GBZ) (“GBM”) and the Queens Project is a joint venture with ASX-listed Kalamazoo Resources Ltd. (ASX:KZR) (“Kalamazoo”).
Key Points:
- This interval potentially represents intersection of the OConnors reef as a discrete As-rich and gold anomalous structure.
- Figure 3, Cross Section depicting geology and significant Au intersection in MD21.
- Assays across the mineralized porphyritic intrusive interval returned 45 m at 0.23 g/t Au and include the upper contact zone.
- The intrusive remains open and untested at depth and gives further validation for an intrusion hosted and/or IRG system at the Malmsbury Project.
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Wednesday, November 16, 2022
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Audit VANCOUVER, British Columbia, Nov. 16, 2022 (GLOBE NEWSWIRE) -- Novo Resources Corp. (Novo or the Company) (TSX: NVO, NVO.WT & NVO.WT.A) (OTCQX: NSRPF) is pleased to announce that it has published its inaugural sustainability statement (the Statement) for the 12-month period ended June 30, 2022.
Key Points:
- VANCOUVER, British Columbia, Nov. 16, 2022 (GLOBE NEWSWIRE) -- Novo Resources Corp. (Novo or the Company) (TSX: NVO, NVO.WT & NVO.WT.A) (OTCQX: NSRPF) is pleased to announce that it has published its inaugural sustainability statement (the Statement) for the 12-month period ended June 30, 2022.
- Novo invites all of its stakeholders to read the Statement and watch the accompanying introductory video from the Novo team ( available here ), in which the Company outlines its approach to sustainability and its foundation built on key pillars that integrate all aspects of Novos operations.
- In addition to the Companys primary focus, Novo seeks to leverage its internal geological expertise to deliver value-accretive opportunities to its shareholders.
- If Novo updates any forward-looking statement(s), no inference should be drawn that the Company will make additional updates with respect to those or other forward-looking statements.
Retrieved on:
Friday, November 11, 2022
Retrieved on:
Wednesday, November 2, 2022
Figure 4 provides a waterfall graph showing changes in contained gold ounces at Beatons Creek between the 2019 and 2022 MREs.
Key Points:
- Figure 4 provides a waterfall graph showing changes in contained gold ounces at Beatons Creek between the 2019 and 2022 MREs.
- The actual mined and processed mineralization from Beatons Creek was 2.51 Mt at 1.17 g/t Au for 94,248 oz Au contained3.
- Waterfall graph showing the changes in contained gold ounces at Beatons Creek from 2019 MRE to the 2022 MRE.
- Mineral Resources are not Mineral Reserves and do not have demonstrated economic viability; it is uncertain if applying economic modifying factors will convert Indicated Mineral Resources to Mineral Reserves.
Retrieved on:
Thursday, October 27, 2022
VANCOUVER, British Columbia, Oct. 27, 2022 (GLOBE NEWSWIRE) -- Novo Resources Corp. (“Novo” or the “Company”) (TSX: NVO, NVO.WT & NVO.WT.A) (OTCQX: NSRPF) is pleased to provide an exploration update on the Company’s drilling program in the Becher Area of the Egina District, Western Australia.
