Novo Provides Operational Update From Beatons Creek and Millennium

NVO News Release #TSXV $NVO #OTCMKTS $NSRPF Novo Provides Operational Update From Beatons Creek and Millennium

Novo Provides Operational Update From Beatons Creek and Millennium Photo

VANCOUVER, British Columbia, Oct. 15, 2020 (GLOBE NEWSWIRE) -- Novo Resources Corp. (“Novo” or the “Company”) (TSX-V: NVO; OTCQX: NSRPF) is pleased to provide an operational update, including from its Beatons Creek gold project (“Beatons Creek”) on which development activities have commenced, and from refurbishment works on infrastructure recently acquired pursuant to the acquisition of Millennium Minerals Limited (“Millennium”) which are proceeding on schedule (please see the Company’s news releases dated August 4, 2020 and September 8, 2020 for further details).

Novo CEO and Director Rob Humphryson commented, “Novo is delighted with the rapid progress being made at Beatons Creek and the recently acquired Millennium infrastructure. We are assembling an experienced and enthusiastic operational team who have a sense that they are integral to pioneering a new era of conglomerate gold production in Western Australia. This enthusiasm is being mirrored by our contracting partners, stakeholders and government regulators alike, with a growing awareness that this mineralization style has the potential to develop into a basin wide opportunity.”

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 (416) 543-3120 or e-mail leo@novoresources.com

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