novo resources stock

Novo to File Beatons Creek Technical Report

Not for Distribution to United States Newswire Services or for dissemination in the United States

Novo Resources Corp. (" Novo " or the " Company ") (TSX: NVO & NVO.WT; OTCQX: NSRPF) is pleased to announce that it will today file a technical report prepared pursuant to National Instrument 43-101 Standards of Disclosure for Mineral Projects (" NI 43-101 ") related to its March 31, 2021 news release announcing the results of a preliminary economic assessment (" PEA ") for its Beatons Creek conglomerate gold project, Western Australia. The independent technical report, entitled "Preliminary Economic Assessment on the Beatons Creek Gold Project, Western Australia" (the " 2021 Technical Report "), with an effective date of February 5, 2021 and an issue date of April 30, 2021, was prepared for Novo by Jason Froud (BSc Hons, Grad Dip (Fin Mkts), MAIG), Andrew Grubb (BE (Mining), FAusIMM), and Ian Glacken (BSc Hons, MSc (Mining Geology), MSc (Geostatistics) PGCert (comp), DIC, FAusIMM(CP), FAIG, CEng, MIMMM) of Optiro Pty Ltd of Perth, Australia, and William George Gosling (BE (Extractive Metallurgy), FAusIMM) of GR Engineering Services, also of Perth, Australia (collectively, the " QP's "). The QP's are qualified persons as defined under NI 43-101. The 2021 Technical Report will be available under the Company's profile on the System for Electronic Document Analysis and Retrieval (" SEDAR ") website at www.sedar.com (filing date: April 30, 2021) and on the Company's website at www.novoresources.com .

About Novo Resources Corp.

Novo is commissioning its flagship Beatons Creek gold project while exploring and developing its highly prospective land package covering approximately 14,000 square kilometres in the Pilbara region of Western Australia. In addition to the Company's primary focus, Novo seeks to leverage its internal geological expertise to deliver value-accretive opportunities to its shareholders. For more information, please contact Leo Karabelas at (416) 543-3120 or e-mail leo@novoresources.com

On Behalf of the Board of Directors,

Novo Resources Corp.

" Quinton Hennigh "

Quinton Hennigh
President and Chairman


Primary Logo

News Provided by GlobeNewswire via QuoteMedia

The Conversation (0)
Novo Resources

Novo Resources

Exploring and Developing Gold Properties in Australia’s Pilbara Region

Exploring and Developing Gold Properties in Australia’s Pilbara Region Keep Reading...
Keep reading...Show less
Closeup of detailed map highlighting Finland in pink, surrounded by Sweden, Norway and Estonia in different colors.

Agnico Eagle Plans Three Way Consolidation to Forge Massive Finnish Gold Hub

Agnico Eagle Mines (TSX:AEM,NYSE:AEM) is rolling up Northern Finland’s gold belt in a sweep of three deals, simultaneously acquiring Rupert Resources (TSXV:RUP,OTCQX:RUPRF), Aurion Resources (TSXV:AU,OTCQX:AIRRF) and a B2Gold (TSX:BTO,NYSEAMERICAN:BTG) joint venture stake.The interconnected... Keep Reading...
Gold bar stands over a background of green and silver circuit boards.

Has Gold Production Peaked?

Gold has soared in recent years, climbing from around US$1,300 per ounce in 2016 to over US$5,500 in 2026.Its impressive price rise is due to a wide variety factors, including central banks adding to their reserves because of gold's appeal as a monetary asset, and retail investors seeking its... Keep Reading...

Interactive Chart

Latest Press Releases

Related News