Novo Resources Corp. is pleased to provide an update of exploration activities at Comet Well, part of Novo’s greater Karratha gold project located in the Pilbara region of Western Australia. The Company anticipates receiving a suite of assay results from bulk samples collected from both the lower and upper gold-bearing conglomerate units at Comet Well by the end of October 2018. Assay results and a discussion of [...]
Novo Resources Corp. is pleased to announce that it has completed the acquisition of the issued and outstanding shares of Farno McMahon Pty Ltd as described in the Company’s news release dated September 17, 2018. Completion of the acquisition was subsect to the completion of certain conditions precedent and regulatory approvals which have all been finalized and received. The Company paid AUD $150,000 in cash to [...]
Novo Resources Corp. is pleased to announce that its President and Chairman, Dr. Quinton Hennigh, will be presenting at the Denver Gold Forum on Monday, September 24th at 9:15 am MT, 11:15 am ET at the Broadmoor Hotel in Colorado Springs, Colorado. Dr. Hennigh will be discussing the Company’s exploration projects in the Pilbara region of Western Australia. A live feed of the presentation will be available at [...]
Novo Resources Corp. is pleased to announce that it has finalised the transaction with Pioneer Resources Ltd. as described in the Company’s news release dated September 17, 2018. Completion of the transaction was subsect to TSX Venture Exchange approval which has been obtained. The consideration payable by the Company to Pioneer includes AUD $200,000 in cash and the issuance of 100,000 common shares . The Pioneer [...]
Novo Resources Corp. is pleased to announce that it has entered into two property transactions in the Egina region of Western Australia. Farno McMahon Share Purchase Agreement The Company entered into a share purchase agreement whereby the Company will acquire 100% of the issued and outstanding shares of Farno-McMahon Pty Ltd , an Australian proprietary limited exploration company . Farno holds a 100% interest in four key [...]
Novo Resources Corp. is pleased to announce that it has finalized the outstanding components of a transaction with Mark Gareth Creasy and entities controlled by him . As a result, Novo now has: four joint ventures with the Creasy Group under which it has earned a 70% interest in the “gold rights” relating to the Nullagine and Marble Bar properties. Nullagine Gold Pty. Ltd. is entitled to become a 70 [...]
Novo Resources Corp. is pleased to announce that recent surface mapping and trenching indicates the upper gold-bearing conglomerate at Comet Well appears continuous with the basal gold-bearing conglomerate at Purdy’s Reward , a current explored strike of approximately 3.4 km. These gold-bearing conglomerates remain open along strike to the northeast and southwest and down dip to the southeast into the Fortescue [...]
Novo Resources Corp. is pleased to announce that its President and Chairman, Dr. Quinton Hennigh, will be presenting at the Diggers & Dealers Mining Forum at 12:20PM AWST on August 8, 2018 in Kalgoorlie, Western Australia. Dr. Hennigh will be discussing the Company’s exploration plans, specifically in the Karratha region of Western Australia. A copy of Dr. Hennigh’s presentation will be posted to the [...]
VANCOUVER, British Columbia, July 27, 2018 -- Novo Resources Corp. is pleased to announce that it has finalized the purchase of one-half of a 1% net smelter returns royalty on the Company’s Comet Well property in the Karratha region of Western Australia , as described in the Company’s news release dated July 16, 2018. Completion of the Acquisition was subject to TSX Venture Exchange approval which has been [...]
VANCOUVER, British Columbia, July 16, 2018 -- Novo Resources Corp. is pleased to announce that it has exercised its right of first refusal to purchase one-half of a 1% net smelter returns royalty on the Company’s Comet Well property in the Karratha region of Western Australia . The Company is exercising its ROFR and matching the terms of an offer made by International Prospect Ventures Ltd. to the holder of the NSR [...]
VANCOUVER, British Columbia, July 10, 2018 -- Novo Resources Corp. is pleased to announce that Ngarluma Aboriginal Corporation has now signed a heritage agreement that includes 37 exploration license applications covering 6,645.4 square kilometers in the West Pilbara region of Western Australia . The heritage agreement sets out the protocols under which heritage surveys are conducted. In addition, the execution of this [...]
VANCOUVER, British Columbia, June 28, 2018 -- Novo Resources Corp. is pleased to announce that the upper gold-bearing unit at Comet Well displays strong continuity in outcrop and drilling. Approximately one month ago, Novo confirmed the discovery of an upper gold-bearing conglomerate at Comet Well. Recent mapping along the outcropping upper gold-bearing conglomerate has confirmed a very close spatial association between [...]
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