NVO Novo Resources

Novo and Sumitomo Complete Earn-In Over Kangan Project at Egina With Essential Metals Limited

Novo and Sumitomo Complete Earn-In Over Kangan Project at Egina With Essential Metals Limited

VANCOUVER, British Columbia, Dec. 16, 2020 (GLOBE NEWSWIRE) -- Novo Resources Corp. (“Novo” or the “Company”) (TSX-V: NVO; OTCQX: NSRPF) is pleased to announce that it has, in conjunction with Sumitomo Corporation of Tokyo, Japan, completed its earn-in obligations and earned a 70% interest in precious metals rights on Essential Metals Limited’s (formerly Pioneer Resources Limited) (“Essential”) (ASX: ESS) Kangan project. The Kangan project comprises a portion of the Company’s Egina project (see figure 1 below). Please see the Company’s news releases dated , and for further details.

“We are excited to continue progressing exploration efforts and align the parties’ strategic objectives to maximize the potential of the prospective Egina project,” commented Quinton Hennigh, Chairman and President of Novo. “We look forward to partnering with Sumitomo and our new joint venture partner, Essential, in order to advance the Kangan project and the broader Egina project.”

About Novo Resources Corp.

Novo is advancing its flagship Beatons Creek gold project to production 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 

On Behalf of the Board of Directors,

Novo Resources Corp.

“Quinton Hennigh”                        

Quinton Hennigh

Chairman and President

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.

PDFs accompanying this announcement are available at: 



EN
16/12/2020

Underlying

NVONovo Resources

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Novo Resources

 PRESS RELEASE
Free
NVO NOVO RESOURCES

Novo Resources Releases Updated Corporate Presentation Highlighting St...

Novo Resources Releases Updated Corporate Presentation Highlighting Strategic Progress and Growth Initiatives PERTH, Western Australia, Aug. 05, 2025 (GLOBE NEWSWIRE) -- Novo Resources Corp. (“Novo” or the “Company”) (ASX: NVO) (TSX: NVO) (OTCQB: NSRPF) is pleased to announce the release of its updated corporate presentation, now available on the Company’s website at The refreshed presentation provides a comprehensive overview of Novo’s strategic priorities, recent exploration success, project developments, and near-term catalysts. It offers investors and stakeholders clear insights i...

August 5, 2025 1 EN
 PRESS RELEASE
Free
NVO NOVO RESOURCES

Highlights – June Quarter 2025

Highlights – June Quarter 2025 Novo completed its maiden RC drill program at the Clone prospect as part of the Tibooburra Gold Project in May 2025 testing 500 m of strike. Drilling produced significant high-grade gold intercepts including: 12 m @ 5.90 g/t Au from 16 m, including 5 m @ 13.74 g/t Au from 23 m (TBR0001)117 m @ 2.40 g/t Au from 59 m including 9 m @ 4.14 g/t Au from 59 m (TBR0014)1Grade and width continuity has been successfully demonstrated by the RC drilling and indicates a shallow north plunge to the near-surface shoot of high-grade gold mineralisation, now defined over 300 m...

July 28, 2025 1 EN
 PRESS RELEASE
Free
NVO NOVO RESOURCES

Significant Results from RC Drilling at Tibooburra Gold Project

Significant Results from RC Drilling at Tibooburra Gold Project HIGHLIGHTS Novo completed its maiden drill program at the Clone prospect as part of the Tibooburra Gold Project, in May 2025. The program comprised 14 RC holes for 1,984 m, testing 500 m of strike.Drilling produced significant high-grade gold intercepts including: 12 m @ 5.90 g/t Au from 16 m, including 5 m @ 13.74 g/t Au from 23 m (TBR0001)17 m @ 2.40 g/t Au from 59 m including 9 m @ 4.14 g/t Au from 59 m (TBR0014) The peak intercept in hole TBR001 (12 m @ 5.90 g/t Au) fills a 180 m gap in previous drilling by Manhattan Corpo...

July 9, 2025 1 EN
 PRESS RELEASE
Free
NVO NOVO RESOURCES

Novo Announces AGM Results

Novo Announces AGM Results PERTH, Western Australia, June 24, 2025 (GLOBE NEWSWIRE) -- Novo Resources Corp. (Novo or the Company) (ASX: NVO) (TSX: NVO) (OTCQX: NSRPF) reports that all resolutions proposed to shareholders at the annual general meeting of shareholders (held on June 23, 2025 (Vancouver, BC)/June 24, 2025 (Perth, WA) were approved, including the election of all of the director nominees listed in the management information circular for the meeting. Voting as to each of the director nominees was as follows: Name of NomineeVotes Cast FOR% Votes Cast FORVotes WITHHELD% of Votes W...

June 24, 2025 1 EN
 PRESS RELEASE
Free
NVO NOVO RESOURCES

Pilbara Exploration Update

Pilbara Exploration Update High-Grade Gold and Antimony Targets HIGHLIGHTS Novo has advanced Pilbara high-grade gold and gold-antimony prospects which will be the focus for exploration and drilling in H2 2025.Exploration at the Sherlock Crossing Au-Sb prospect has defined a coherent 1.5 km antimony in soil anomaly (at > 15 ppm Sb), with gold anomalism up to 85 ppb Au, with all heritage and compliance approvals now in place for exploration drilling.At the Southeast Wyloo Au-Sb-Ag-Cu Project, plans are in place to complete mapping and rock chip sampling in preparation for drill progr...

June 19, 2025 1 EN

ResearchPool Subscriptions

Get the most out of your insights

Get in touch