News & Videos - NOVO RESOURCES CORP NSRPF

VANCOUVER, British Columbia, March 26, 2024 (GLOBE NEWSWIRE) -- Novo Resources Corp. ( Novo or the Company ) (ASX: NVO) (TSX: NVO & NVO.WT.A) (OTCQX: NSRPF) advises that Mr Michael Barrett has resigned as a director of the Company and Ms Karen O’Neill has been appointed as an independent non-executive director of the Company. Mr Mike Spreadborough, Executive Co-Chairman, shared “On behalf of the Company’s directors, employees, and stakeholders, I would like to sincerely thank Mr Barrett...

HIGHLIGHTS Significant drill intercepts from the 2023 Nunyerry North program of shallow reverse circulation drilling were re-analysed by multi-pot PhotonAssay™. The drill program comprised 30 holes for 2,424 m. This larger sample methodology (500 g to 4 kg assayed per sample) has upgraded a number of the existing significant intercepts, with new intercepts including: 6 m @ 6.12 g/t Au from 37 m (NC017) 11 m @ 2.52 g/t Au from 22 m, including 6 m at 4.19 g/t Au from 22 m (NC014) 13 m @ 1.89 g/t...

VANCOUVER, British Columbia, Feb. 28, 2024 (GLOBE NEWSWIRE) -- Novo Resources Corp. ( Novo or the Company ) (ASX: NVO) (TSX: NVO & NVO.WT.A) (OTCQX: NSRPF) has commenced a process of Board and Leadership renewal to position the Company for its next phase of growth. Novo has started a recruitment process to identify and secure a qualified and experienced Chief Executive Officer (CEO). Following the appointment of the new CEO, it is proposed that the current Executive Co-Chairman and acting CEO,...

HIGHLIGHTS More than 10,500 m of combined aircore ( AC ) and reverse circulation ( RC ) drilling completed by De Grey Mining (ASX: DEG) at the Becher Project in Q4 2023, as part of the Egina earn-in/JV RC drilling at Lowe confirmed gold mineralisation associated with a deformed intrusive sill, with a best intercept of 8 m at 4.74 g/t Au from 96 m, including 3 m @ 11.88 g/t Au from 100 m (MSRC0031) Follow-up RC drilling into a base metal-gold corridor previously defined by Novo at Heckmair ,...

VANCOUVER, British Columbia, Feb. 08, 2024 (GLOBE NEWSWIRE) -- HIGHLIGHTS Strong exploration progress and results delivered across Western Australian gold portfolio , led by work completed at the Becher and Nunyerry North Projects. ~2,300 m diamond drill program progressing as planned at the Belltopper Gold Project, located in Victoria. Assay results expected in Q1 2024. De Grey completed a total of 7,536 m of AC drilling targeting the Heckmair, Irvine and Bonatti prospects, and 4,154 m of RC...

HIGHLIGHTS Liatam Mining Pty Ltd (Liatam) has invested A$1.8 million (approximately C$1.6 million) to acquire 9,000,000 common shares at A$0.20 (C$0.18038) per share in Novo to increase their shareholding from ~3% to ~6%. Following this investment by Liatam and the A$10 million transaction with SQM Australia in the Harding Battery Metals JV in the West Pilbara, Novo is in a strong financial position to continue its aggressive exploration focus across key gold targets in the Pilbara, Western...

HIGHLIGHTS Over 10,500 m combined aircore and reverse circulation drilling completed by De Grey Mining at the Becher project, which forms part of the Egina earn-in/Joint Venture. At Becher, 271 infill AC holes were drilled for 7,536 m in Q4 2023. RC drill program is ongoing, with the first 29 drill holes for 4,154 m completed. Final assays are anticipated in Q1 2024. Maiden drill program at the exciting Nunyerry North project delivered positive results in shallow RC drilling. Additional work...

HIGHLIGHTS Subject to Toronto Stock Exchange (TSX) approval, Liatam Mining Pty Ltd (Liatam) has agreed to further invest A$1.8 million to obtain 9,000,000 shares at A$0.20 per share in Novo to increase their shareholding from ~3% to ~6%. Liatam has exceeded the required spend of A$1.75 million to form the 80%/20% Quartz Hill Joint Venture with Novo in the East Pilbara, Western Australia. Liatam has acquired legal title to the tenements included in the Quartz Hill Joint Venture and becomes the...

HIGHLIGHTS Novo has executed agreements with Calidus Resources Limited (ASX: CAI) to divest its Nullagine Gold Project in the East Pilbara region of Western Australia on 20 December 2023, with completion occurring on 21 December 2023. Calidus has assumed all obligations, royalties, claims and liabilities relating to the Nullagine Gold Project, including the rehabilitation liability. Novo has received completion consideration of A$250,000 (in CAI shares) and has a right to receive a further A$5...

HIGHLIGHTS SQM Australia has agreed to pay A$10 million for a 75% interest in five of Novo’s prospective lithium - nickel tenements in the West Pilbara, near Roebourne, Western Australia, forming the Harding Battery Metals Joint Venture, and for an option over additional Novo Pilbara tenements. The Harding Battery Metals Joint Venture tenements are adjacent to or in the vicinity of Azure Minerals’ Andover Lithium – Nickel Project where Azure announced pegmatites hosting significant widths...

VANCOUVER, British Columbia, Nov. 28, 2023 (GLOBE NEWSWIRE) -- Novo Resources Corp. ( Novo or the Company ) (ASX: NVO) (TSX: NVO & NVO.WT.A) (OTCQX: NSRPF) is pleased to advise the release of its 2023 Sustainability Report, which outlines progress over the past year. The report is available on the Company’s website Sustainability Report 2023 . Novo’s 2023 Sustainability Report demonstrates that while the business strategy has shifted from production to exploration, the commitment to...

HIGHLIGHTS Continued exploration success in the Egina Gold Camp, Novo’s highly prospective gold belt in the Pilbara, Western Australia. 30 holes for 2,424 m of shallow reverse circulation drilling completed at Nunyerry North in maiden drill program. All gold photonAssay TM results now received, including best new intercepts of: 11 m @ 1.98 g/t Au including 7m @ 2.92 g/t Au (NC014); 4 m @ 4.15 g/t Au including 2m @ 7.42 g/t (NC015); 5 m @ 1.84 g/t Au (NC017); 7m @ 1.38 g/t Au (NC022); 8m @ 1.31...

HIGHLIGHTS Novo to commence a ~2,300 m program of diamond drilling at the Belltopper gold project in Victoria. Drill program designed to test several newly identified, high priority structural and geophysical targets, including high-grade, epizonal, “Fosterville-style”, mineralisation within key regional anticlines. Targets include a developing high-grade zone on the Leven Star reef, where previous drilling in 2022 returned 14 m @ 6.1 g/t Au from 120 m, 10 m @ 4.9 g/t Au from 173 m and 4 m @...

VANCOUVER, British Columbia, Nov. 01, 2023 (GLOBE NEWSWIRE) -- Novo Resources Corp. ( Novo or the Company ) (ASX: NVO) (TSX: NVO & NVO.WT.A) (OTCQX: NSRPF) reports that all resolutions proposed to shareholders at the annual general meeting of shareholders held on October 31, 2023 (Pacific) passed, including the election of all of the director nominees listed in the management information circular September 15, 2023. Voting as to each of the director nominees was as follows: Name of Nominee Votes...

VANCOUVER, British Columbia, Oct. 30, 2023 (GLOBE NEWSWIRE) -- Novo Resources Corp. ( Novo or the Company ) (ASX: NVO) (TSX: NVO & NVO.WT.A) (OTCQX: NSRPF) is pleased to provide further details of the Company’s upcoming annual general meeting (the “ Meeting ”), scheduled for 6:00 p.m. PDT on Tuesday, 31 October 2023, and of the management presentation to be given immediately after the Meeting. Annual General Meeting Formalities Please see the Company’s notice of meeting and information...

HIGHLIGHTS Strong results received from the first six drill holes of the maiden drill program at Nunyerry North, including best intercepts of 13 m @ 1.18 g/t Au, 7 m @ 1.12 g/t Au and 3 m @ 1.37 g/t Au. 1 Drill program designed to test the > 1.4 strike km surface gold anomaly with high grade gold in rock chip results from sheeted quartz veins. 2 24 holes for 2,028 m of reverse circulation (“RC”) drilling completed to date with holes intersecting significant zones of quartz veining. Following...

HIGHLIGHTS Liatam has expanded the Quartz Hill Project area and increased the earn-in amount to A$1.7 million. The additional tenements extend the exploration area from 615 km sq to 818 km sq. Two main focus areas progressed during 2022 exploration reconnaissance programs extending the mapped pegmatite swarms to over 5 km strike. Liatam is required to spend A$1.7 million over a 24-month period (from commencement date of April 2023) to earn up to an 80% interest in the battery mineral rights at...

VANCOUVER, British Columbia, Sept. 29, 2023 (GLOBE NEWSWIRE) -- Novo Resources Corp. ( Novo or the Company ) (TSX: NVO & NVO.WT.A) (ASX: NVO) (OTCQX: NSRPF) reports that its annual general meeting ( AGM ) has been scheduled for 31 October 2023 at 6 pm Pacific Time (9 am 1 November 2023 Australian Western Standard time) and virtually through the AGM Connect platform. There will be a business update following the meeting. Shareholders are encouraged to attend the AGM online, however if you wish to...

VANCOUVER, British Columbia, Sept. 29, 2023 (GLOBE NEWSWIRE) -- Novo Resources Corp. ( Novo or the Company ) (TSX: NVO & NVO.WT.A) (ASX: NVO) (OTCQX: NSRPF) advises that Ms Amy Jo Stefonick has resigned as a director of the Company. The Company would like to thank Ms Stefonick for her invaluable contributions throughout her time with Novo. Mr Mike Spreadborough, Executive Chairman and Acting Chief Executive Officer, said: “On behalf of the Company’s directors, employees, and stakeholders, I...

HIGHLIGHTS Novo has commenced its maiden drill program at Nunyerry North, a highly promising exploration target in the southern Egina Gold Camp, Pilbara, Western Australia 1 Approx. 2,000 m of reverse circulation drilling will focus on investigating structurally controlled gold targets and extensive gold in soil anomalies Previous exploration at Nunyerry delineated a > 1.4 strike km high tenor surface gold anomaly with bonanza grade gold assays from quartz veins in rock chip samples 2 Novo’s...