Novo Commences Work at Comet Well and Updates Results From Purdy’s Reward

Novo Resources (“Novo” or the “Company”) (TSX-V:NVO) (OTCQX:NSRPF) is pleased to announce its 2018 exploration program at its Karratha gold project has begun. Diamond drilling and trenching have recently been initiated at Comet Well.

At Purdy’s Reward, additional bulk sample results have returned allowing for planning of follow up work in this area. Comet Well, a farm-in and joint venture Novo has with two Pilbara-based prospectors, and Purdy’s Reward, a farm-in and joint venture Novo has with ASX-listed Artemis Resources Limited, are both part of Novo’s greater Karratha gold project located in the Pilbara region of Western Australia.

Dr. Quinton Hennigh, Chairman and President of Novo Resources, said:

“We are pleased to commence work again at Karratha. Last year, we cut our teeth on this unusual gold deposit and gained valuable knowledge in the process. The erratic spread in gold grades seen from early small volume bulk samples of circa 300 kg bulk of footwall dolerite and upper conglomerates from Purdy’s Reward confirms the nuggety nature of mineralization.”

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