Novo Announces Inaugural Commissioning Gold Pour at Beatons Creek Gold Project - Seite 2

“Achieving first gold pour within six months of acquiring Millennium is nothing short of remarkable,” commented Mr. Rob Humphryson, CEO and a director of Novo. “This is testament to the calibre of the Novo team and contract service providers who have worked seamlessly and tirelessly to get us to this milestone. Activities at site are now concentrated on optimizing the operation, which is expected to achieve a plant throughput rate of 1.5 million tonnes per annum.”

Novo will also continue to pursue its aggressive growth strategy in 2021, with ongoing exploration activities in the Pilbara and Victoria, including a mechanical sorter program scheduled to commence at the Company’s Purdy’s Reward and Comet Well projects in the Pilbara in Q2 2021.

About Novo Resources Corp.

Novo is advancing its flagship Beatons Creek gold project to production while exploring and developing its highly prospective land package covering approximately 14,000 square kilometres in the Pilbara region of Western Australia. In addition to the Company’s primary focus, Novo seeks to leverage its internal geological expertise to deliver value-accretive opportunities to its shareholders. For more information, please contact Leo Karabelas at [phone] or e-mail [e-mail]

On Behalf of the Board of Directors,

Novo Resources Corp.

“Quinton Hennigh”

Quinton Hennigh
President and Chairman

Forward-looking information

Some statements in this news release contain forward-looking information (within the meaning of Canadian securities legislation) including, without limitation, the anticipation of commercial production from the Project, the expectation that the Golden Eagle mill will reach a throughput rate of 1.5 million tonnes per annum, and the plan to commence a mechanical sorter program at the Company’s Purdy Reward and Comet Well projects in the second quarter of this year. Forward-looking statements address future events and conditions and, as such, involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the statements. Such factors include, without limitation, unforeseen commissioning and development issues and customary risks of the resource industry.