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Novo Resources Corp T.NVO

Alternate Symbol(s):  NSRPF

Novo Resources Corp. is engaged in evaluating, acquiring, exploring, and developing natural resource properties with a focus on gold. The Company explores and develops its prospective land package covering approximately 7,500 square kilometers in the Pilbara region of Western Australia, along with the 22 square kilometer Belltopper project in the Bendigo Tectonic Zone of Victoria, Australia. The Company operates through two segments: care & maintenance operations and exploration operations.


TSX:NVO - Post by User

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Post by santi69on Jun 16, 2016 9:14am
232 Views
Post# 24970438

News - Novo Receives their bulk extraction permit!!!

News - Novo Receives their bulk extraction permit!!!

Novo Receives Extraction Permits for Bulk Sampling Program 

 

VANCOUVER, BC / TheNewswire / June 16, 2016 - Novo Resources Corp. (“Novo” or the “Company”) (TSX-V: NVO; OTCQX: NSRPF) is pleased to announce it has received key permits for its 30,000 tonne bulk sampling program at its 100%-controlled Beatons Creek gold project in Western Australia.  

 

The Western Australian Department of Mines and Petroleum and other related agencies have approved the Beatons Creek Mining ProposalMine Closure PlanProject Management Plan and Native Vegetation Clearing Permit.  With these permits in hand, Novo may commence planned extraction of bulk sample material from three pits (approximately 10,000 tonnes per pit).  


Novo is awaiting approval of the Works Approval and an amended Mining Proposal, both of which relate to processing of bulk sample material.  Novo has worked diligently to provide additional information detailing the proposed tailings facility and is hopeful these will be approved shortly. Upon completion of processing, this bulk sampling exercise will provide refined data concerning mining techniques, grade control and grade reconciliation, information that will be used to complete the Company’s preliminary economic assessment.

 

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.

Click for the News Release

 

- See more at: https://www.thenewswire.ca/archives?tnwcatalyst2=release_id%3D19339#sthash.M6fILF47.dpuf
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