Welcome to our dedicated page for Novo Resources news (Ticker: NSRPF), a resource for investors and traders seeking the latest updates and insights on Novo Resources stock.
Novo Resources Corp. (NSRPF) is a gold exploration company actively pursuing high-potential targets across Western Australia and Victoria. This news hub provides investors with comprehensive updates on drilling results, joint venture developments, and strategic initiatives in Novo's exploration portfolio.
Access timely reports covering critical activities including geochemical sampling at Belltopper, partnership updates with De Grey Mining, and progress at the Egina Gold Camp. Our curated collection ensures transparent tracking of exploration milestones without production bias.
Key updates include resource delineation efforts, technical report summaries, and indigenous partnership agreements. Bookmark this page for consolidated access to Novo's evolving exploration narrative and geological insights from Australia's premier gold regions.
Novo Resources (OTCQX: NSRPF) announced that all resolutions proposed at its Annual General Meeting were approved by shareholders, including the election of all director nominees. Notable voting results showed strong support for the board members, with Karen O'Neill receiving 99.06% approval and Michael Spreadborough receiving 98.57% approval.
The company also highlighted its exploration portfolio, including the Egina Gold Camp where Northern Star Resources is farming-in through a JV agreement worth A$25 million for a 50% interest. Novo's portfolio includes approximately 5,500 square kilometres in the Pilbara region and recent additions of gold projects in New South Wales.
Novo Resources Corp. (OTCQB: NSRPF) has released an updated corporate presentation available on their website. The presentation provides insights into the company's strategic priorities, exploration results, project advancements, and near-term catalysts. It showcases Novo's evolving growth strategy and portfolio of gold assets.
Michael Spreadborough, Executive Co-Chairman and acting CEO, emphasized the company's progress across their exploration portfolio and their commitment to delivering disciplined growth and long-term shareholder value.
Novo Resources Corp. (NSRPF) has announced significant results from its exploration campaign at the John Bull Gold Project in New South Wales, Australia. The company's recent soil sampling extended a gold anomaly to ~1.5 km strike with peak soil results of 1.59 g/t Au. Rock chip sampling revealed impressive results of up to 67.9 g/t Au and 29 g/t Au from sheeted quartz veins. The company has identified four key targets and plans to commence a 1,500m RC drill program in June 2025, pending drill rig availability. The exploration campaign suggests the presence of an Intrusion Related Gold System (IRGS), with element zonation indicating a Sn-Bi-As core centered on a porphyritic intrusion, flanked by Au-Mo-Cu-Sb-Te zones.
Novo Resources Corp. (NSRPF) has reported key activities for March Quarter 2025, highlighting significant exploration progress across its Australian gold portfolio. The company commenced a ~6,000m AC drilling program at the Balla Balla Gold Project in Western Australia, targeting zones near the Sholl Shear Zone.
Notable results from the Tibooburra Gold Project in NSW include exceptional rock chip sampling peaks of 89.6 g/t Au and 41.9 g/t Au from mullock dumps, and 31.4 g/t Au from quartz vein outcrop. A ~2,000m RC drill program is planned for late April 2025. Soil sampling defined a significant 600m long anomaly with peak results of 1,585 ppb Au.
The company maintains a strong financial position with A$10 million in cash and A$35.6 million in investments as of March 31, 2025. Novo is actively expanding its portfolio through Farm-In agreements at John Bull, Tibooburra, and Toolunga Projects, while maintaining focus on sustainable exploration practices and Traditional Owner engagement.
Novo Resources Corp. (ASX: NVO, TSX: NVO, OTCQB: NSRPF) has launched its April corporate presentation, showcasing its Australian gold exploration portfolio and growth strategy. The company's key assets include:
- The Egina Gold Camp in the Pilbara region, featuring the Becher Project where De Grey Mining is farming-in through A$25 million exploration expenditure
- Approximately 5,500 square kilometres in the Pilbara region and the 22 square kilometre Belltopper project in Victoria
- Recently acquired TechGen John Bull Gold Project and Manhattan Tibooburra Gold Project in NSW
- A lithium joint venture with SQM in the Pilbara
The company's exploration target ranges from 320koz to 570koz Au, with estimated grades between 6.6g/t to 8.4g/t Au across 1.5Mt to 2.1Mt.
Novo Resources Corp. (ASX: NVO, TSX: NVO, OTCQB: NSRPF) has announced plans to commence a ~2,000m RC drilling program at the Clone prospect within its Tibooburra Gold Project in northwestern NSW in April 2025.
Recent exploration at Clone revealed promising results including:
- Peak rock chip samples of 89.6 g/t Au and 41.9 g/t Au from mullock dumps
- High-grade outcrop samples of 31.4 g/t Au and 10.4 g/t Au over 700m strike
- Soil sampling defining a ~600m long by 250m wide anomaly >30 ppb Au
- Previous 2023 drilling highlights including 7m at 7.23 g/t Au and 9m at 6.03 g/t Au
The program targets a west-dipping thrust associated with high-grade gold mineralization and significant sericite-carbonate alteration. The Clone prospect remains underexplored with mineralization open in all directions and trending under cover sediments extending up to 15km, providing opportunities for potential 'blind discoveries'.
Novo Resources Corp (ASX: NVO, TSX: NVO, OTCQX: NSRPF) has announced a change in its shareholder registry services provider effective March 31, 2025. The company is transitioning from MUFG Pension & Market Services to Automic Pty in Sydney, Australia.
Shareholders will have access to Automic's online investor portal, which offers features including:
- Secure management of holdings
- Balance viewing capabilities
- Transaction history access
- Online shareholder detail updates
Shareholders can register for the new portal at investor.automic.com.au through a two-step process. For inquiries, shareholders can contact Automic via email or phone, with dedicated lines for both Australian and international investors.
Novo Resources Corp. (ASX: NVO, TSX: NVO, OTCQB: NSRPF) announces the commencement of a maiden aircore drill program at the Balla Balla Gold Project. The program will test target zones of structural complexity in the Sholl Shear Zone under shallow cover of approximately 25m depth.
The project, granted in November 2024 following an agreement with the Kariyarra Aboriginal , spans several prospects over a 10km trend. Key target areas include:
- Ramquarry: Testing structural complexity and fault splays
- Beaufort: Targeting rotated block of Sherlock Intrusion
- Babbage: Focusing on folded magnetic units
- Cockerell: Examining structural complexity and cross-cutting structures
The drilling program, scheduled for late March 2025, features lines at 640m spacing with 50m hole centers, oriented at 140 degrees to test NE-SW striking target structures. The Sholl Shear Zone, extending over 200km, is recognized as a kilometer-wide crustal-scale structure significant for potential gold mineralization.
Novo Resources Corp (NSRPF) has completed geological and geochemical sampling campaigns at the Tibooburra and John Bull Gold Projects in NSW, aimed at guiding Q2 2025 drill programs. At John Bull, 340 soil and 63 rock chip samples were collected over a 1.3 km trend, while at Tibooburra, 962 samples were gathered across a 2.8 km trend at Clone.
The company continues assessment of the Toolunga Project in WA's Onslow District, with 890 sq km of exploration applications at Cane River Project progressing toward grant in Q2 2025. However, Tropical Cyclone Zelia has impacted Pilbara Projects, potentially delaying drill programs in the Karratha District, Balla Balla Gold Project, and Egina JV area.
Results from the NSW sampling campaigns are expected in mid-March 2025, with planned RC drilling of approximately 2,000m at each project in Q2 2025.
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