Welcome to our dedicated page for NOVO RES news (Ticker: $NSRPF), a resource for investors and traders seeking the latest updates and insights on NOVO RES stock.
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Novo Resources Corp. delivers significant exploration results across its Western Australian gold portfolio, including upgraded drill intercepts from the Nunyerry North project and positive results from the Becher project. The company is financially strong with no debt, holding a cash balance of A$16.7 million (C$14.7 million) and investments of A$47.7 million (C$42.1 million) as of 31 March 2024.
Novo Resources Corp. (ASX: NVO) announces a follow-up drilling program at Nunyerry North and defines new targets near Karratha. The program aims to test multiple targets for gold mineralization. The company plans a maiden RC drilling program at Karratha District to explore gold and gold-copper targets in early Q3 2024. De Grey Mining, the Earn-in/JV partner, is set to start exploration programs in Q2 2024.