Novo Builds Mine Development Team For Its 100% Controlled Beatons Creek Gold Project
VANCOUVER, BC / TheNewswire / May 5, 2015 - Novo Resources Corp. (CSE: NVO; OTCQX: NSRPF) ("Novo" or the "Company") is pleased to announce it has appointed Simon Pooley as Lead Technical Advisor for its 100% controlled Beatons Creek gold project, Western Australia. Mr. Pooley is a geologist with over 30 years broad international experience encompassing roles in the corporate, mine development, operations, and exploration areas. He has held senior industry positions that have demonstrated leadership and management of base and precious metal exploration and mining operations, development of project assessment types including definitive/bankable feasibility studies and their conversion into mining operations and managed teams undertaking exploration evaluations and valuations. He is a member of the Australasian Institute of Mining and Metallurgy, the Australian Institute of Geoscientists and is a graduate of the Australian Institute of Company Directors. His career includes work for Dominion Mining, Ashton Mining and Rio Tinto covering commodities as diverse as gold, base metals, diamonds and industrial minerals. He has helped lead a number of mining operation start-ups from exploration through to construction and production.
"We are very pleased to have Mr. Pooley join Novo Resources as it advances the Beatons Creek gold project toward production," commented Dr. Quinton Hennigh, President, CEO and Director of Novo Resources Corp. "Simon is an excellent fit for our project. Not only has he been involved with multiple development projects, he already has familiarity with the Nullagine region as well as the Beatons Creek project. We look forward to having his expertise as we move forward."
About Novo Resources Corp.
Novo's focus is to evaluate, acquire and explore gold properties. The company holds a 100% interest in the core of the Beatons Creek project and a 70% interest in approximately 1,800 square kilometers surrounding Beatons Creek and at nearby Marble Bar in the Pilbara region, Western Australia. For more information, please contact Leo Karabelas at (416) 543-3120 or e-mail leo@novoresources.com.
On Behalf of the Board of Directors,
"Quinton Hennigh"
Quinton Hennigh
CEO and President
Forward-looking information
Some statements in this news release contain forward-looking information (within the meaning of Canadian securities legislation) including, without limitation, the statement as to the advancement of the Beatons Creek gold project toward production. These statements address future events and conditions and, as such, involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the statements. Such factors include, without limitation, the ability to undertake and complete the planned exploration activities, the receipt of successful results of such exploration activities, customary risks of the mineral resource exploration industry, dependency upon third parties, assumptions made by management of Novo, the receipt of a comprehensive feasibility study concerning the Beatons Creek project, as well as Novo having sufficient cash to fund the planned drilling and other activities. There can be no assurance given that Novo's management will reach a positive decision to place the Beatons Creek property into production.
The Canadian Securities Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the content of this news release.
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