Novo is an innovative gold explorer and producer with a significant land package covering approximately 11,000 square kilometres in the Pilbara region of Western Australia.
Novo has excellent long-term growth opportunities through highly prospective exploration tenements, expertise in project development and operations, and our use of mechanical sorting technology. Novo is focused on growing its production profile initially through its flagship Beatons Creek conglomerate gold operation which commenced production in 2021, and executing an aggressive exploration growth strategy concentrating on growing gold and battery minerals resources.
The initial oxide phase of mining at Beatons Creek will end in October 2022. The fresh phase of mining at Beatons Creek will commence in late 2023 or early 2024 following completion of an economic Feasibility Study and granting of mining approvals from the Western Australian government and subject to a final investment decision.
We have a skilled and experienced Board and management team with expertise in identifying, developing and operating projects that have the best potential to be to add value for our stakeholders.