Gold Price (USD) 1464.47
TSX.V NVO
OTCQX NSRPF

Novo Provides Egina Update

 

VANCOUVER, British Columbia, Aug. 01, 2019 (GLOBE NEWSWIRE) -- Novo Resources Corp. (“Novo” or the “Company”) (TSX-V: NVO; OTCQX: NSRPF) is pleased to provide an update of activities at its Egina Gold Project, Western Australia.

“We are quickly learning a lot at Egina,” commented Dr. Quinton Hennigh, President and Chairman of Novo. “It appears the broad swale identified by ground penetrating radar is a primary target for us in the short term. We are currently opening exploratory trenches and see detectable gold across the entire 600 m length of the first one. Bearing in mind that the terrace target is absolutely immense, this initial work is important because it is a test to see how well our exploration strategy can be applied across the greater region. Novo controls nearly 2,000 sq km of terrace. As for further heritage clearance, we eagerly await assistance from the Kariyarra community to complete necessary surveys that allow us to work on other areas on the Egina mining lease.”        

Dr. Quinton Hennigh, P. Geo., the Company’s, President, Chairman, and a Director, and a qualified person as defined by National Instrument 43-101, has approved the technical content of this news release.

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 13,000 sq km with varying ownership interests. 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

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.

Forward-looking information
Some statements in this news release contain forward-looking information (within the meaning of Canadian securities legislation) including, without limitation, statements as to planned exploration activities and the expected timing of the receipt of results and heritage clearances. These statements address future events and conditions and, as such, involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the statements. Such factors include, without limitation, customary risks of the mineral resource industry as well as the performance of services by third parties.

PDFs accompanying this announcement are available at:
http://ml.globenewswire.com/Resource/Download/3e730681-b02d-4348-b9ed-2dafc79552c0
http://ml.globenewswire.com/Resource/Download/9ae08a48-3eaf-4c09-9f4c-e6525e09a835

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