Novo Receives Trial Processing Approvals
VANCOUVER, BC, August 10, 2016 - Novo Resources Corp. ("Novo" or the "Company") (TSX-V: NVO; OTCQX: NSRPF) is pleased to announce it has received all outstanding approvals to undertake trial processing of 30,000 tonnes of mineralized conglomerates currently being extracted as part of its bulk sampling exercise. Novo plans to commence processing soon after sampling is complete in approximately two weeks. Processing equipment has been mobilized to site and is currently being installed in preparation (please see Figure 1 below).
Novo's bulk sampling exercise is designed to provide refined data concerning mining techniques, costs, methods of grade control, mining dilution and grade reconciliation. As of the date of this news release, all waste rock has been stripped from the sampling areas and mineralized conglomerates are being extracted and stockpiled (Figure 2).
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(Figure 1: Novo's IGR3000 trial processing plant installed at Beatons Creek. Mineralized conglomerate stockpiles in the foreground.)
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(Figure 2: First load of mineralized conglomerate being loaded into an articulated truck. The flat area in the background is pre-stripped of waste. The D9 bulldozer in the far distance is removing the final waste material.)
Quinton Hennigh (Ph.D., P.Geo.) is the Qualified Person pursuant to National Instrument 43-101 responsible for, and having reviewed and approved, the technical information contained in this news release. Dr. Hennigh is President, CEO and Director of Novo Resources Corp..
About Novo Resources Corp.
Novo's focus is to evaluate, acquire and explore gold properties. Indirect subsidiaries of Novo hold a 100% interest in the core of the Beatons Creek gold project, a 70% interest in surrounding Beatons Creek and at nearby Marble Bar, and a 100% interest in the Blue Spec gold-antimony project, and options covering approximately 400 square km over the Mosquito Creek Basin, all 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
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.
Forward-looking information
Some statements in this news release contain forward-looking information (within the meaning of Canadian securities legislation) including, without limitation, statements as to the expected receipt of results from various exploration and testing activities, including the Company's bulk sampling program. Forward-looking 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, customary risks of the mineral resource exploration industry.
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