Novo Resources Corp. is pleased to announce that it plans to consolidate its mineral property holdings in the Karratha region of Western Australia by acquiring a 100% interest in exploration licenses E47/1745 and E47/3443 from Artemis Resources Ltd. and certain Artemis joint venture partners and dissolving the remaining Novo-Artemis joint ventures [...]
Novo Resources Corp. is pleased to announce that further to its news release dated March 2, 2020, it has closed the subscription for 15,000,000 common shares of New Found Gold Corp. The subscription price was paid by the issuance of 6,944,444 common shares of Novo. The Novo Shares are subject to a statutory hold period expiring on July 7, 2020 [...]
Novo Resources Corp. announces that Eric Sprott, one of the Company’s directors, has retired as a member of the board. Mr. Sprott has been a Novo shareholder since 2011 and has served as a director of the Company since November 2017. The Company would like to thank Mr. Sprott for his invaluable contributions and support throughout his tenure [...]
Novo Resources Corp. is pleased to announce that it has subscribed for 15,000,000 common shares of New Found Gold Corp. The subscription price will be paid by the issuance of 6,944,444 common shares of Novo. The Acquisition is subject to TSX Venture Exchange approval. Upon closing of the Acquisition and assuming no further share issuances by New [...]
Novo Resources Corp. has recently conducted mechanical, sensor based sorting tests on Egina and Beatons Creek bulk sample material at TOMRA’s Sydney, Australia and Wedel, Germany testing facilities. Highlights: Sydney, Australia: Test work conducted utilizing a TOMRA COM XRT 1200 - Gen 1.0 mechanical sorter using X-Ray Transmission scanning [...]
Novo Resources Corp. is pleased to announce that it has recovered 562.25 grams of natural coarse gold from a large, 413.6 cubic metre, bulk sample at its Egina gold project, Western Australia. In addition, recent exploration work has led to the discovery of new terrace gravels yielding coarse gold. Highlights Bulk sample 6A, a 413.6 cubic metre [...]
Novo Resources Corp. has recently conducted laboratory-scale mechanical sorting tests on Beaton’s Creek bulk sample material at Steinert Global’s Bibra Lake and Canning Vale testing facilities in Perth, Western Australia. Initial test results are discussed in this news release. Highlights: Nuggety gold occurring in Beaton’s Creek [...]
Novo Resources Corp. reports the issuance of incentive stock options to certain directors, officers, employees, and consultants to purchase up to 6,165,000 common shares in the capital of the Company pursuant to its stock option plan. The options are exercisable on or before January 16, 2025, at an exercise price of CAD$3.57 per share. The options [...]
Novo Resources Corp. is pleased to announce that it has subscribed for 10 million units of Kalamazoo Resources Ltd. at AUD $0.40 per Unit. Eric Sprott, a director of Novo, has also subscribed for an identical amount. Each Unit is comprised of one Kalamazoo ordinary share and one whole unlisted option. Each Warrant will entitle the Company to [...]
Novo Resources Corp. reports the appointment of Mr. Yoshikazu Ishikawa as a director of the Company, replacing Mr. Greg Gibson who has resigned. Mr. Ishikawa is currently the General Manger of the Non-Ferrous Metals Business Department in Sumitomo Corporation of Tokyo, Japan, and joined Sumitomo in 1992. Mr. Ishikawa has been involved with numerous [...]
Novo Resources Corp. is pleased to announce that its Annual General Meeting of shareholders was held in Vancouver, British Columbia, Canada on December 18, 2019 at which all resolutions were passed, being: the re-election of the incumbent directors of the Company, being Michael Barrett, Greg Gibson, Quinton Hennigh, Rob Humphryson, Akiko Levinson [...]
Novo Resources Corp. is pleased to announce recent exploration has revealed extensive new areas of gold-bearing terrace gravels at its Egina gold project, Pilbara, Australia. Recently completed heritage surveys provide access to multiple new target areas. Initial results from mechanical sorting test work on bulk samples of Egina gravel at Steinert [...]
