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Novo Resources Corp T.NVO

Alternate Symbol(s):  NSRPF

Novo Resources Corp. is a gold explorer focused on discovering gold projects. The Company is engaged primarily in the business of evaluating, acquiring, exploring, and developing natural resource properties with a focus on gold. It has a land package covering approximately 5,500 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. Its key project area is the Egina Gold Camp, where De Grey Mining is farming-in to form a JV at the Becher Project and surrounding tenements through exploration. The Company is also advancing gold exploration at Nunyerry North. It focuses on undertaking early-stage exploration across its Pilbara tenement portfolio. It has also formed a lithium joint venture with SQM Australia Pty Ltd (SQM) in the Pilbara, which provides shareholder exposure to battery metals. Its Belltopper Gold Project comprises the adjacent Malmsbury and Queens projects.


TSX:NVO - Post by User

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Post by paulindoonon May 11, 2018 7:59am
343 Views
Post# 28016888

Dr QH just out

Dr QH just out

NOVO REPORTS PLANNED SHARE TRANSACTION 
BETWEEN KIRKLAND LAKE GOLD AND ARTEMIS RESOURCES

 
VANCOUVER, BC, May 11, 2018 - Novo Resources Corp. (“Novo” or the “Company”) (TSX-V: NVO; OTCQX: NSRPF) reports that it has conditionally agreed to lift the remainder of a twelve-month contractual hold period in order to permit the purchase by Kirkland Lake Gold of 4 million Novo common shares which were issued to Artemis Resources in August 2017 (please see the Company’s news release dated August 15, 2017). Novo has been informed that the share transfer is expected to close by the end of this month.

“Novo is thrilled to have Kirkland Lake Gold’s continued support” commented Dr. Quinton Hennigh, Chairman, President, and a director of Novo. “We are also excited to work with Artemis Resources to continue developing the conglomerate gold story and unearthing a potentially world-class gold discovery in the Pilbara.”

About Novo Resources Corp.
Novo’s focus is to explore and develop gold projects in the Pilbara region of Western Australia, and Novo has built up a significant land package covering approximately 12,000 sq km. 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

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