NSRPF News Alert Novo Res Corp (NSRPF) 1.0000 02/15/2015 06:
Post# of 64122
TriStar Announces $3 million Private Placement Dr. Quinton Hennigh Appointed Director
ACCESSWIRE - Thu Feb 12, 8:35AM CST
Houston, TX / ACCESSWIRE / February 12, 2015 / TriStar Gold Inc. (the "Company" or "TriStar" announces the appointment of Dr. Quinton Hennigh to the TriStar Board of Directors and also its' plan to raise up to $3 million by way of a non-brokered private placement (the "Private Placement" . The proceeds of the placement will be used to conduct additional exploration at the Company's Castelo de Sonhos Project ("CDS" in Para state, Brazil; to make the final payment on its CDS acquisition and for working capital.
Novo Announces First Results from Oxide Resource Drilling Program and Discusses Mining Concept for Beatons Creek
ACCESSWIRE - Mon Feb 09, 8:24AM CST
VANCOUVER, BC / ACCESSWIRE / February 9, 2015 / Novo Resources Corp. (CSE: NVO; OTCQX: NSRPF) ("Novo" or the "Company" is pleased to announce initial assay results from recent drilling at its Beatons Creek gold project near Nullagine, Western Australia. Novo drilled approximately 9,000 meters in 327 reverse circulation drill holes in late 2014 as part of its program to define a shallow, oxide resource (please see attached Drill Hole Map).
Novo Executes Definitive Agreement With The Creasy Group
ACCESSWIRE - Tue Jan 27, 8:24AM CST
VANCOUVER, BC / ACCESSWIRE / January 27, 2015 / Novo Resources Corp. ("Novo" (CSE: NVO; OTCQX: NSRPF) is pleased to announce that it has entered into a definitive agreement (the "Definitive Agreement" with Mark Gareth Creasy and entities controlled by him (collectively, the "Creasy Group" relating to the binding terms sheet signed on March 4, 2014 (the "Terms Sheet" and discussed in a news release dated the same date. Novo requested and Creasy Group agreed to certain modifications to the Terms Sheet to be reflected in the Definitive Agreement, resulting in Novo reducing its exploration commitments, thus allowing it to aggressively pursue completion of a feasibility study for its Beatons Creek project, the final requirement for Novo to earn its 70% interest from Millennium Minerals Ltd. By reducing its future exploration expenditure commitments, Novo now has the ability to quickly advance Beatons Creek toward development and/or to pursue other opportunities to consolidate its position in the Nullagine district.
Novo Receives Positive Metallurgical Tests, First Surface Sample Results, Completes Deep Drill Hole at Beatons Creek
ACCESSWIRE - Wed Dec 10, 8:45AM CST
VANCOUVER, BC / ACCESSWIRE / December 10, 2014 / Novo Resources Corp. ("Novo" or the "Company" (CSE: NVO; OTCQX: NSRPF) is pleased to announce it has received new positive metallurgical test results from its Beatons Creek gold project, Western Australia (please refer to Novo's new releases dated August 28, 2014 and October 29, 2014 for additional background). In August, 2014, Novo collected twelve bulk samples taken from surface outcrops of oxidized gold-bearing reefs and submitted them to Met-Solve Laboratories of Langley, British Columbia for gravity recoverable gold test work (see nearby sample location map at the back of this news release). Floatation and cyanide leach testing were attempted on one sample, 14-BCBS-1, to determine if additional gold recovery could be attained (refer to table below).
Novo Announces Result of Annual Meeting and Changes in Directors
ACCESSWIRE - Wed Nov 19, 8:24AM CST
VANCOUVER, BC / ACCESSWIRE / November 19, 2014 / Novo Resources Corp. ("Novo" or the "Company" (CSE: NVO; OTCQX: NSRPF) is pleased to announce the results of its Annual General Meeting of Shareholders (the "Meeting" held on November 18, 2014, in Vancouver. At the Meeting, the shareholders of the Company approved all resolutions put before them by management, including the election of directors and re-appointment of the auditor.
Novo Commences Deep Drilling at Beatons Creek; Receives Initial Promising Gravity Gold Results
ACCESSWIRE - Wed Oct 29, 8:19AM CDT
VANCOUVER / ACCESSWIRE / October 29, 2014 / Novo Resources Corp. ("Novo" or the "Company" (CSE: NVO; OTCQX: NSRPF) is pleased to announce the commencement of deep diamond drilling at its Beatons Creek gold project, Western Australia (see attached plan map). This deep hole is situated approximately three kilometers southwest of Grant's Hill where the Company has defined a National Instrument 43-101 compliant inferred resource estimate of 421,000 troy ounces gold contained in 8.9 million tonnes at a grade of 1.47 grams gold per tonne (please refer to the Company's news release dated May 1, 2013, for details). This deep diamond core hole is designed to test the down-dip extension of the same gold-bearing conglomerates (reefs) that occur at Grant's Hill. It is anticipated to reach a depth of at least 700 meters and will provide the first stratigraphic test of the Hardy Formation in this area as well as determine the continuity of gold-bearing reefs deeper within the Nullagine sub-basin. Partial funding for this drill hole comes from a $200,000 grant from the Western Australian Mines Department (please refer to the Company's news release dated December 17, 2013, for details).
Novo Commences Drilling at Beatons Creek
ACCESSWIRE - Thu Sep 25, 8:16AM CDT
VANCOUVER, / ACCESSWIRE / September 25, 2014 / Novo Resources Corp. (CSE: NVO; OTCQX: NSRPF) ("Novo" or the "Company" is pleased to announce reverse circulation drilling has commenced at its Beatons Creek gold project, Western Australia (see attached landscape photograph). The Company anticipates completing approximately 353 shallow drill holes to test shallow, oxidized gold-bearing conglomerate horizons. A systematic bulk sampling program will begin approximately October 4 and will complement the reverse circulation drill program to provide data to meet the Company's goal of defining significant resources suitable for development in a 1,000-2,000 tonne per day mining and processing scenario (refer to Novo's news release dated July 24, 2014).
Novo Receives Drill Approvals
ACCESSWIRE - Wed Sep 10, 8:05AM CDT
VANCOUVER, BC / ACCESSWIRE / September 10, 2014 / Novo Resources Corp. (CSE: NVO; OTCQX: NSRPF) ("Novo" or the "Company" is pleased to announce it has received letters of approval from the Western Australian Department of Mines and Petroleum for its Programme of Work applications. These applications cover the area where the Company plans to target drilling of shallow, oxidized gold-bearing conglomerate horizons as part of its goal of defining significant resources suitable for development in a 1,000-2,000 tonne-per-day mining and processing scenario (refer to Novo's news release dated July 24, 2014). Also received were approvals for drilling deep test holes at Beatons Creek and Contact Creek. The Company plans to commence drilling within the next two weeks.
Novo Resources Announces BLEG Results and Commencement of Work Program at Beatons Creek
ACCESSWIRE - Thu Aug 28, 8:20AM CDT
VANCOUVER, BC / ACCESSWIRE / August 28, 2014 / Novo Resources Corp. (CSE: NVO; OTCQX: NSRPF) ("Novo" or the "Company" is pleased to announce it has received results from 1,103 bulk leach extractable gold ("BLEG" samples covering its tenements in the eastern Pilbara, Western Australia. As discussed in Novo's news release dated March 19, 2014, the BLEG technique is a type of stream sediment sampling with high sensitivity that allows for rapid screening of large tracts of land for the presence of outcropping gold mineralization. This program was undertaken with assistance from Newmont Exploration Pty Ltd, a subsidiary of Newmont Mining Corporation, and samples were processed at Newmont's BLEG laboratory in Welshpool, Western Australia. Gold and a broad suite of other elements were analyzed.
NEM: 24.78 (+0.27)
Novo Resources Announces $5,311,106 Raised From Warrant Exercises
ACCESSWIRE - Mon Aug 25, 8:18AM CDT
VANCOUVER, BC / ACCESSWIRE / August 25, 2014 / Novo Resources Corp. (CSE: NVO; OTCQX: NSRPF) ("Novo" or the "Company" reports that further to its news release dated July 17, 2014, announcing the acceleration of the expiry of share purchase warrants (the "Warrants" issued as part of a brokered private placement that closed on December 12, 2012 (the "Financing" (see news release of December 12, 2012), 98.4% of the 5,795,400 Warrants were exercised, raising gross proceeds of $5,134,860 (all figures $CAD). The remaining Warrants have expired.
Novo Resources Strategizes Moving Beatons Creek Toward Bankable Feasibility
ACCESSWIRE - Thu Jul 24, 8:18AM CDT
VANCOUVER, BC / ACCESSWIRE / July 24, 2014 / On July 8, 2014, Novo Resources Corp. ("Novo" or the "Company" (CSE: NVO; OTCQX: NSRPF) released results from a deportment study in which it was recognized that over 98% of gold by weight in each of two samples of unoxidized gold-bearing conglomerates is of coarse grain size, >150 microns (>0.15 mm). Both samples were taken from diamond drill core from holes drilled within the 421,000 troy ounces gold inferred resource (8.9 million tonnes at a grade of 1.47 grams gold per tonne) at Grant's Hill (refer to Novo's news release dated May 1, 2013 and to the independent technical report, entitled Technical Report and Resource Estimate, Beatons Creek Project, Pilbara Region, Australia dated May 1, 2013, prepared by Patrick Huxtable (RPGeo MAIG), of Tetra Tech, Perth, Australia, which was filed on SEDAR under the Company's profile on May 23, 2013).
TTEK: 24.58 (+0.08)
Novo Resources Exercises Election to Accelerate Warrant Expiry Date
ACCESSWIRE - Thu Jul 17, 4:54PM CDT
VANCOUVER, BC / ACCESSWIRE / July 17, 2014 / Novo Resources Corp. (CSE: NVO; OTCQX: NSRPF) ("Novo" or the "Company" has given notice of the acceleration of the expiry of share purchase warrants issued as part of a brokered private placement that closed on December 12, 2012 (the "Warrants" . The Warrants are exercisable at a price of $0.90 per share. Notice of the acceleration of the expiry of the Warrants is being mailed to registered holders of the Warrants.
Novo Resources Provides Update of Activities in the Pilbara, Western Australia
ACCESSWIRE - Tue Jul 08, 8:17AM CDT
VANCOUVER, BC / ACCESSWIRE / July 8, 2014 / Novo Resources Corp. (CSE: NVO; OTCQX: NSRPF) ("Novo" or the "Company" is pleased to provide an update of exploration activities on its Pilbara gold project, Western Australia.