Novo is an innovative gold explorer with a significant land package covering approximately 7,500 km2 in the Pilbara region of Western Australia and the Bendigo region of Victoria, Australia.
Novo has excellent long-term growth opportunities through highly prospective exploration tenements, expertise in project development and our use of innovative processes and technology.
In June 2023, following successful exploration results at the Becher Project in the Pilbara, Novo entered into an agreement with De Grey Mining Limited (ASX: DEG) for the advancement of exploration at the Becher Project and surrounding tenements, located in the Company’s Egina Gold Camp. De Grey may spend up to A$25 million within four years to earn a 50% interest in the relevant tenements, following which the 50/50 Egina Joint Venture will be formed.
In addition to its existing high-quality gold assets and the Egina JV, the Company continues to pursue value accretive exploration and near-term opportunities as it seeks to grow long-term shareholder value using the knowledge of its globally experienced exploration team.
Novo’s skilled and experienced Board and management team have expertise in identifying and developing projects that have the best potential to add value for our stakeholders.
Dr. Quinton Hennigh, Novo’s Non-Executive Co-Chairman and Director, a “qualified person” as defined by National Instrument 43-101 Standards of Disclosure for Mineral Projects, has reviewed the technical content of this website.
