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Drill rig at Novo Resources' Belltopper project in Victoria.

Bulls N' Bears 1 day ago

Novo opens Victorian Belltopper account with 87k gold ounces

Novo Resources has unveiled a quality-grade gold resource at its Leven Star Reef deposit, part of the company's Belltopper gold project in central Victoria, 120 kilometres northwest of Melbourne. The inferred mineral resource comprises 760,000 tonnes grading a healthy 3.6 grams per tonne of gold for 87,000 ounces of the yellow metal at the company's wholly owned project.

Bulls N' Bears 1 day ago

Novo opens Victorian Belltopper account with 87k gold ounces

Novo Resources has unveiled a quality-grade gold resource at its Leven Star Reef deposit, part of the company's Belltopper gold project in central Victoria, 120 kilometres northwest of Melbourne. The inferred mineral resource comprises 760,000 tonnes grading a healthy 3.6 grams per tonne of gold for 87,000 ounces of the yellow metal at the company's wholly owned project.

Bulls N' Bears 27 May 2026

Novo regains full control of massive Pilbara gold play

Novo Resources has regained full control of its Egina gold project in WA's Pilbara after Northern Star Resources walked away from an earn-in and joint venture agreement. The ground, a stone's throw from Northern Star's 13.6-million-ounce Hemi deposit, returns to Novo along with a valuable package of exploration data gathered by the gold major. Novo plans to reassess the project and resume exploration later this year.

Bulls N' Bears 11 Feb 2026

Novo boosts Victorian gold potential with fresh high-grade target

Novo Resources has dusted off its Belltopper gold project in Victoria after boosting its exploration target to between 2.1 and 3.1 million tonnes of high-grade resources running 6.7 to 8.9 grams per tonne gold. The company says it has now outlined between 460,000 and 880,000 ounces of high-grade gold, with the upgraded figures accelerating plans for follow-up exploration in the world-class Bendigo goldfields.

Bulls N' Bears 10 Feb 2026

Novo sharpens WA antimony-gold targets for first pass drilling push

The latest geochemical results from Novo Resources' Wyloo gold-silver-antimony project in WA's southern Pilbara have confirmed multiple targets, paving the way for the company's first drilling of the project. Recent work has significantly upgraded the Wyloo SE prospect, where a confirmed polymetallic vein system carrying silver, antimony, arsenic, zinc and lead warrants early testing.

Novo Resources' project locations in WA's Pilbara region.

Bulls N' Bears 11 Nov 2025

Novo nails high-grade Pilbara gold

Novo Resources has nailed strong gold and antimony results from exploration programs across the company's projects about a sling-shot from Northern Star Resources' world-beating Hemi gold operation in the Pilbara region of WA. The company's rock-chip sampling program at its Teichman area returned eye-opening gold grades of 77.5 grams per tonne and 51.4g/t. An impressive total of 11 samples returned greater than 10g/t gold.

Bulls N' Bears 06 Nov 2025

Novo jags bonanza grade gold at untested NSW prospect

Novo Resources has jagged numerous high-grade gold rock chips at its Tibooburra project in northwest New South Wales, grading up to a punchy 39.9g/t at its Pioneer North prospect. The company says a string of double-digit gold assays have lit up its undrilled Pioneer prospects, highlighting numerous targets for maiden drilling.

Bulls N' Bears 04 Sep 2025

Novo turns drill rods to test high-grade Aussie gold and antimony

Novo Resources has launched RC drilling at its Sherlock Crossing gold project in the Pilbara to test high-grade gold-antimony veins, alongside preparations to drill Wyloo's prior strong polymetallic results. Fieldwork and drill planning to test high-grade gold at Tibooburra and John Bull in NSW have also advanced. With JV partner Northern Star kicking off air core drilling at Egina, Novo's diversified portfolio is aiming for significant discoveries in Australia's premier mining regions.

Bulls N' Bears 10 Jul 2025

Novo strikes high-grade gold in first drilling program at NSW play

Novo Resources has delivered a suite of high-grade gold results from its maiden reverse circulation drilling program at its Tibooburra gold project in northwestern New South Wales. The company revealed standout intercepts, including an impressive 12m running 5.9 grams per tonne gold from just 16m in its first hole, followed by a thicker 17m grading 2.4g/t gold from 59m along strike.

NOVO NVO Au-Sb PILBARA BULLSNBEARSWA 1440x960

Bulls N' Bears 20 Jun 2025

Novo set for busy six months of Pilbara gold-antimony exploration

Novo Resources has given its high-grade Pilbara gold and gold-antimony prospects a solid nudge, including at Sherlock Crossing, where it defined a 1.5km-long soil antimony anomaly with coincident gold. The better than 15ppm anomaly, which peaked at 48.3ppm antimony, was identified in extended sampling south of Novo's initial grid around the historic Clarke Mine, with peak gold of 85 parts per billion.

Bulls N' Bears 06 May 2025

Novo field work extends high-grade mineralisation at NSW gold project

Novo Resources' recent field exploration activity at its farm-in John Bull gold project in NSW has provided a host of new exploration targets, which the company plans to drill in June. Novo has also extended its known 100ppb soil gold anomaly to more than 1.5km of strike with a peak result of 1.59g/t gold, while sampling of quartz veins has nailed grades of 67.9g/t and 29g/t gold.

Bulls N' Bears 02 Apr 2025

Novo to probe high grade NSW gold targets

Novo Resources will launch a 2000m reverse circulation drilling program this month at Tibooburra in northwestern NSW to test high grade gold results from soil and rock chip geochemistry and other exploration. Recent surface sampling at the Clone prospect produced results of 89.6g/t and 41.9g/t gold in mullock around old workings and 31.4g/t and 10.4g/t gold from quartz vein outcrop along a 700m strike.

Bulls N' Bears 27 Feb 2025

Cyclone delays won’t dampen Novo’s Aussie gold exploration push

Novo Resources is pushing ahead on multiple exploration fronts across Australia ahead of drilling at its John Bull and Tibooburra gold projects in NSW, while ex-tropical cyclone Zelia throws a temporary spanner in the works with flooding at its Karratha and Balla Balla gold projects in WA. Drilling across all projects is slated for next quarter as the gold price continues to push all-time highs.

Bulls N' Bears 11 Dec 2024

Novo expands Pilbara projects into historical mining centres

Novo Resources has picked up a new gold and base metals exploration play in WA's Pilbara region by locking up a 1520-square-kilometre land package near Onslow that is littered with evidence of historical mining. The two-part move involves pegging six new tenements together with securing an option on a 70 per cent interest in the nearby Cane River project held by a private company.

Bulls N' Bears 10 Dec 2024

Novo ready for maiden antimony Pilbara drill campaign in 2025

Novo Resources is set to ramp up activities across its next set of key projects in the Pilbara in 2025, including a maiden antimony and gold drill campaign at two projects showing good early geological signs. The company is set to drill test the ground around an historic antimony and gold mine in WA's Pilbara region that was mined at uber-high grades between 1907 and 1916.

Bulls N' Bears 05 Dec 2024

Novo banks $11.5m from surprise partial sale of unlisted investment

Novo Resources surged 60% to touch 14.5c in intraday trading after the market got a good look at the value of its shareholding in unlisted Canadian miner San Cristobal. Novo offloaded 38% of its holding in San Cristobal for $11.5m, valuing the remainder of its shareholding in the private company at $19m. Novo now has $16.7m in the bank.

Bulls N' Bears 20 Nov 2024

Novo chasing Pilbara gold targets after cash boost

Novo Resources has bolstered its bank balance with the sale of its remaining 20 per cent interest in the Quartz Hill joint-venture project, along with the company's gold and silver rights, for $850,000. Novo is now laser-focused on developing its prospective gold and base metal projects in Western Australia's Pilbara region.

Bulls N' Bears 10 Oct 2024

Novo, De Grey to march forward with WA gold partnership

De Grey Mining has invested $7 million to achieve its minimum first-stage spend at Novo Resources' Egina gold project in Western Australia's Pilbara region, with a further $18 million to be tipped in to create a joint venture operation. The earn-in is part of a required $25 million cash plunge within four years to create the 50:50 equal share at the site.

Bulls N' Bears 25 Sep 2024

Novo models thumping Victorian gold exploration target

Novo Resources has unveiled the conceptual exploration target for its Belltopper gold project in Victoria of between 1.4 and 2.1 million tonnes containing between 320,000 and 570,000 ounces of gold. Belltopper lies in the highly-prospective Bendigo Tectonic Zone, about 52km south along strike from Bendigo and 15km south-east of Castlemaine – areas that have produced about 22.4 and 5.6 million ounces of gold, respectively.

Bulls N' Bears 22 Aug 2024

New look at old core boosts Novo gold prospectivity

Novo Resources has produced a suite of high-grade gold assays after an intensive reassessment of core from past drilling at its Belltopper project in Victoria – just 50km south of Agnico Eagle's world-class Fosterville mine. The company says its re-assaying of 11 historic diamond drillholes has confirmed multiple mineralised intercepts across several priority target corridor zones prospective for gold and other “in-demand” minerals.

Bulls N' Bears 16 Aug 2024

Novo heritage signing clears path to explore East Pilbara

Novo Resources has opened the gates to further exploration activities at its priority Bamboo and Miralga projects in Western Australia's East Pilbara region after securing a key Aboriginal heritage agreement. The agreement with traditional landowners will facilitate the company's exploration activities across some 1500 square kilometres of its East Pilbara titles and will include non-ground-disturbing surface work such as mapping and geochemistry.

Bulls N' Bears 26 Jun 2024

Multiple Pilbara drilling programs reboot for Novo

Novo Resources and its respective joint venture partners De Grey Mining and industry veteran Mark Creasy are firing up the rigs with multiple gold and base metal drilling programs in Western Australia's Pilbara region. The partnerships will be plunging a combined 32,000m of drilling into the respective Becher and Nunyerry North targets in a bid to make another compelling Pilbara discovery.

Bulls N' Bears 04 Jun 2024

Belltopper pops with new high-grade Novo gold hits

Novo Resources has jagged some solid gold numbers from a six-hole, 2529m diamond drilling program at its Belltopper project in Victoria, with a highlight hit of 2m going 15.18 grams per tonne gold from 185m. The intersection flagged a previously undiscovered gold-bearing reef, while 430m further south, a second hole shows 4.25m going 5.88g/t gold from 274.75m with 2m running 11.15g/t from 277m.

Bulls N' Bears 30 May 2024

High-grade Pilbara lithium in Liatam, Novo sights

Liatam Mining has today confirmed it will spend $6 million in a new hunt for lithium at the Quartz Hill joint venture project it shares with Novo Resources in WA's Pilbara region. Exploration to date has extended the known hard rock lithium mineralisation at the JV's Lepidolite Fields prospect, with sampling results reading as high as 2.71 per cent lithium oxide and 828ppm caesium oxide.

Bulls N' Bears 27 Mar 2024

Novo boosts WA gold returns with high-tech sampling

Novo Resources has boosted its recent gold drilling results by re-assaying larger sample sizes from its WA Nunyerry North project, using modern high-tech multi-pot photon-assays, due to the nature of its coarse-gold. The improved results highlight several significant intersections, including 6m at more than 6 grams per tonne at the project it has in joint-venture with the Creasy Group.

Bulls N' Bears 13 Feb 2024

Positive gold hits for Novo, De Grey in Pilbara

Novo Resources' earn-in partner De Grey Mining has recorded significant gold hits from an ongoing air-core and reverse-circulation drill campaign at their shared Becher gold project in WA's Pilbara region. De Grey has completed 10,500m of a 39,000m drill program at the operation, with initial assays returning positive results including an 8m intercept at 4.74g/t gold from 96m at the Lowe target.

Bulls N' Bears 21 Dec 2023

Novo forms new JV for multi-mineral East Pilbara play

Novo Resources is closing out its year with a flurry, revealing it has formed a new joint venture partnership with private company Liatam Mining for its Quartz Hill project in Western Australia's East Pilbara region. Subject to TSX approval, Liatam has also agreed to invest $1.8 million for 9 million Novo shares at 20c each to increase its shareholding to about 6 per cent.

Bulls N' Bears 19 Dec 2023

Novo enters joint venture with lithium giant SQM

Novo Resources will join forces with SQM Australia after the latter agreed to pay $10 million for a 75 per cent interest in five of the former's lithium-nickel tenements in Western Australia's West Pilbara region. The two companies will create the “Harding Battery Metals” joint venture, with the deal also including an option over additional tenements held by Novo in the Pilbara.

Bulls N' Bears 15 Nov 2023

New Novo drilling pumps up Pilbara gold grades

First-pass reverse-circulation drilling by Novo Resources at its Nunyerry North deposit in Western Australia's Pilbara region – near De Grey Mining's 11.5-million-ounce Hemi gold play – has turned-up drill hits of up to 7.42 grams per tonne gold. The company says results from the program included intersections of 11m at 1.98g/t gold and 4m at 4.15g/t, with follow-up testing plans already in place.

Bulls N' Bears 14 Nov 2023

Novo to chase high-grade Victorian gold at Belltopper

Novo Resources has set its sights on its “highest-priority” targets as it prepares to launch a diamond drill campaign targeting high-grade gold at its Belltopper project within central Victoria's historically-prolific Bendigo Tectonic Zone. The company has identified several new structural corridors and high-tenor IP chargeability anomalies to define six drill targets for a 2300m diamond drill campaign.

Bulls N' Bears 17 Oct 2023

Novo expands Pilbara drill campaign following shallow gold hits

Buoyed by encouraging early results from a maiden drill campaign at its Nunyerry North gold project in Western Australia's Pilbara region, Novo Resources has expanded the program by another four holes. The company has received results from the first six reverse-circulation drill holes with highlights showing a 13m hit at 1.18 grams per tonne gold from surface and 7m going 1.12g/t gold from 38m.

Bulls N' Bears 11 Oct 2023

Novo earn-in partner expands Quartz Hill project

A mining services company engaged in a deal with Novo Resources for 80 per cent of battery mineral rights at the Quartz Hill project has expanded the operation and increased the earn-in amount to $1.7 million. In line with the original arrangement, private company Liatam Mining has spent an extra $200,000 after choosing to increase its exploration ground from 615sq km to 818sq km.

Bulls N' Bears 11 Sep 2023

Novo targets Australian growth with ASX listing

Flush with cash from an oversubscribed IPO and a $35 million deal with neighbouring mining giant De Grey Mining for its Becher project, Novo Resources Corporation has officially launched on the ASX. The successful IPO netted the company, which is also listed in Canada, $7.5 million before costs through the issue of 37.5 million common shares to Australian residents only.

Bulls N' Bears 03 Aug 2023

Novo looks to join ranks of ASX-listed gold explorers

TSX-listed Novo Resources is aiming to join the ranks of ASX mineral explorers after lodging a prospectus with the Australian Securities and Investments Commission amid plans for an initial public offering. It has secured the support of giant neighbour De Grey Mining as a cornerstone investor and potential joint venture partner in a deal worth up to $35 million at its Becher project.

Bulls N' Bears 20 Jul 2023

Novo to launch Pilbara, Victoria exploration blitz

TSX-listed Novo Resources is set to kick off a combined 8000m drill campaign across its key Pilbara prospects and its Belltopper project in Victoria following the company's success at its Becher gold play. The exploration program will target Novo's Nunyerry North, Balla Balla and Bamboo-Strattons projects in Western Australia's Pilbara region, while it also has plans for a diamond drill campaign at Belltopper.

Bulls N' Bears 13 Jun 2023

Novo drills locked in on hunt for Pilbara gold

Novo Resources continues to intercept significant gold mineralisation as it seeks to unearth the Pilbara's next major gold deposit. Having identified multiple new targets at its Becher project, including a big priority area of mineralisation, Novo is extending its immediate drilling program. It says the project's geological characteristics stack up against the mineralisation at De Grey Mining's adjacent 10.6-million-ounce Mallina gold project.

Bulls N' Bears 16 Dec 2022

Strategic investment boosts Novo lithium hunt

TSX-listed Novo Resources has gained a prominent new shareholder following a C$5 million strategic investment by private explorer Liatam Mining. The funding package will be principally used to vector in on battery metals across the company's Quartz Hill tenements in the Nullagine district of Western Australia and will lean on Liatam's experience in the sector.

Bulls N' Bears 12 Dec 2022

Novo hits copper near 14Mt WA asset

RC drilling at Novo Resources' Milburn nickel-copper-gold target near Karratha in WA has returned a swag of anomalous copper hits including 3m at 0.59 per cent from 94m, inside of a broader 13m intercept grading 0.39 per cent from 92m. The operation is adjacent to Artemis Resources' Carlow Castle project where earlier this year the company outlined a 14.3 million tonne inferred resource going 0.4 per cent for 53,000 tonnes of contained copper.

Bulls N' Bears 14 Dec 2021

Novo strikes forward plan at conglomerate gold mine

Novo Resources Corporation has upped the ante at its Beatons Creek conglomerate gold project near Nullagine in WA's Pilbara region, after a revised mining approach delivered an optimised five-year plan through to 2026. According to the company, the revised approach delivered a higher processing grade in November of 1.58 grams per tonne against an average grade for both October and November of 1.3 grams per tonne gold.

Bulls N' Bears 06 Aug 2021

Novo racks up another Pilbara gold production record

Novo Resources continues to churn out record production numbers at its Nullagine gold operations in Western Australia's Pilbara, posting a massive 46 per cent increase above the June result. Revenue also surged 50 per cent over the previous month with 8,589 ounces of gold pumped out from the mill generating $19.2 million revenue. During the month the company also appointed Michael Spreadborough as its new executive co-chairman.

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