AC drilling commenced at the Balla Balla Gold Project1 in the Pilbara, Western Australia. The ~6,000 m program is testing priority target zones of structural complexity and splay faults proximal to the Sholl Shear Zone and is progressing well. Two three-week field campaigns were completed at the Tibooburra and John Bull Gold Projects in northern New South Wales. Results from the Tibooburra field program which focused on [...]
Novo Resources Corp. is pleased to provide the launch of its April corporate presentation, aimed at providing investors with a comprehensive and up-to-date overview of the Company's growth strategy and key projects throughout its Australian focused gold exploration portfolio. The new presentation is designed to give current and potential investors an enhanced understanding of Novo's strong value proposition, with a focus [...]
HIGHLIGHTS Recent exploration by Novo at the Clone prospect included detailed structural, lithological and regolith mapping, pXRF and < 80# mesh soil sampling, and rock chip sampling. Novo rock chip sampling returned peak results of 89.6 g/t Au and 41.9 g/t Au from mullock dump samples associated with historical workings, and 31.4 g/t Au and 10.4 g/t Au from quartz vein outcrop over 700 m of strike, supporting previous [...]
Novo Resources Corp. advises that as of Monday, 31 March 2025, Novo has changed its provider for shareholder registry services from MUFG Pension & Market Services to Automic Pty Ltd. Our new Share registry contact details are as follows: Automic Pty Ltd Level 5, 126 Phillip Street Sydney NSW 2000 GPO Box 5193 Sydney NSW 2001 Shareholders can easily and efficiently manage their holdings via Automic's secure and highly [...]
HIGHLIGHTS • Aircore drilling to test priority targets expected to commence in late-March, weather dependent, at the Balla Balla Gold Project. • Drilling is planned to target zones of structural complexity and splay faults proximal to the Sholl Shear Zone, under generally shallow cover. • The Sholl Shear Zone is a fertile, long lived, crustal-scale feature which trends over 200 km in the northern Pilbara [...]
HIGHLIGHTS Geological and geochemical sampling campaigns designed to guide effective targeting for drill programs in Q2 2025 have been completed at the Tibooburra and John Bull Gold Projects in NSW. Mapping and sampling at both projects will allow for delineation of priority drill targets. Results are pending. At the John Bull Gold Project, 340 soil and 63 rock chip samples have been collected for assay over the 1.3 km [...]
HIGHLIGHTS - FOURTH QUARTER Three new high prospectivity farm-in/JV deals in December 2024, strengthening Novo's high-quality, Australian based exploration portfolio. Onslow District Western Australia1 Significant new ground position of approximately 1,520 sq km secured at the Toolunga Project in the Onslow District of Western Australia. Option to acquire a 70% interest in the Cane River Project. Direct pegging by Novo [...]
Novo Resources Corp. announces that it has transitioned its trading platform from the OTCQX to the OTCQB market in the United States. Effective immediately, Novo Resources will now trade on the OTCQB under the ticker symbol NSRPF. This transition reflects the company's evolving strategic priorities while continuing to provide an opportunity for increased engagement with the U.S. investment community while maintaining [...]
HIGHLIGHTS Novo has strengthened its high-quality, Australian based exploration portfolio by executing binding term sheets relating to TechGen Metals Limited's John Bull Gold Project in the New England Orogen of NSW, and Manhattan Corporation Limited's Tibooburra Gold Project in the Albert Goldfields in northwestern NSW. Both projects demonstrate prospectivity for significant discovery and resource definition and align [...]
HIGHLIGHTS Novo strengthens its high-quality, Australian based exploration portfolio by securing a significant new ground position of approximately 1,520 sq km at the Toolunga Project in the Onslow District of Western Australia via: A binding term sheet granting Novo an option to acquire a 70% interest in OD4 Rocklea Pty Ltd's Cane River Project. Direct pegging by Novo of 6 new exploration licenses . The Toolunga Project [...]
HIGHLIGHTS Recent grant of tenure at Balla Balla coupled with completed heritage surveys and regulatory approvals, will allow Novo to complete advanced exploration activities including aircore drilling in H1 2025. Targeted follow-up rock chip sampling of the Sherlock Crossing historic antimony mine yielded grades of up to 4.7% Sb and 146.7 g/t Au. Rock chip sampling at Miralga, which is prospective for porphyry-related [...]
HIGHLIGHTS Novo has sold 38% of its shareholding in privately-owned San Cristobal Mining for gross proceeds of A$11.5 million . The San Cristobal Share Sale exceeds the current internal fair value per San Cristobal share on Novo's balance sheet as of September 30, 2024. The San Cristobal Share Sale implies that Novo's remaining shareholdings in San Cristobal would have an estimated value A$19 million . The funds received [...]