Member Company Profile

Novo Resources Corp.

NVO:CN|Last Price: USD 1.42|Market Cap: USD 271.88 M

USD 1.36        USD 2.93


Gold Price: $1,750.75|Silver Price: $22.39|Platinum Price: $978.00|Palladium Price: $1,964.00|Gold:Silver: 78.2


XPL-DEV 2018

  Recorded Session|September 24, 2018, 9:15 AM (MDT)|Presenter: Quinton Hennigh, Chairman


Status: Explorer|Primary Mineral: Gold|Primary Country of Operation: Australia


Last Updated: July 9, 2020

  Print Profile

IR Contact

Leo Karabelas
416-543-3120
[email protected]
www.novoresources.com/

Address

595 Burrard St.,, Suite 2900
Vancouver, BC BC V7X 1J5
Canada

Cautionary Information

© Copyright 2021, Denver Gold Group & Novo Resources Corp..
Although every care has been taken to ensure that this data is accurate, Denver Gold Group cannot accept responsibility for sourcing variances, mistakes, errors or omissions or for any action taken in reliance thereon. Use of this data is governed by Denver Gold Group's Terms of Use.

Novo’s focus is primarily to explore and develop gold projects in the Pilbara region of Western Australia. Novo has amassed a significant land package covering approximately 13,000 sq. km with varying ownership interests. In addition to the Company’s primary focus, Novo seeks to leverage its internal geological expertise to deliver value-accretive opportunities for its shareholders.

The Company's present focus is its Egina gold project, where it is currently exploring and testing innovative exploration techniques under a JV with Japan’s Sumitomo Corporation.

Novo also holds 100% interest in the Purdy’s Reward gold project and a 100% interest in the production-ready Beatons Creek gold project which hosts a resource of 457K indicated oz Au at 2.1 g/t and 446K inferred oz Au at 3.2 g/t.

The Company has an experienced management team in place, which has extensive expertise in identifying properties that have the best potential to develop newly discovered mineral prospects.

Value Drivers
  • Shareholders and Strategic Partners Include,Kirkland Lake Gold,Newmont Mining,Sumitomo Corporation,Eric Sprott
  • $30 Million In Cash
  • Key Projects include-Beatons Creek, Egina, and Karratha Gold Project
Top Shareholders
  • Kirkland Lake Gold
  • Eric Sprott
  • Newmont Mining
Management
Chairman: Quinton Hennigh
CEO: Rob Humphryson
CFO: Ronan Sabo-Walsh
VP, Corporate Communications: Leo Karabelas
More Detail
Capital Structure
Common Shares Outstanding: 191,000,000
Float (%): 60.00
Warrants Outstanding: 14,000,000
Other Stock Units: 15,000,000
Fully Diluted Shares: 220,000,000

IR Contact

Leo Karabelas
416-543-3120
[email protected]
www.novoresources.com/

Address

595 Burrard St.,, Suite 2900
Vancouver, BC BC V7X 1J5
Canada

Cautionary Information

© Copyright 2021, Denver Gold Group & Novo Resources Corp..
Although every care has been taken to ensure that this data is accurate, Denver Gold Group cannot accept responsibility for sourcing variances, mistakes, errors or omissions or for any action taken in reliance thereon. Use of this data is governed by Denver Gold Group's Terms of Use.