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Novo Resources ( (TSE:NVO) ) has provided an announcement.
Novo Resources Corp. has completed geological and geochemical sampling at its Tibooburra and John Bull Gold Projects in New South Wales, with results expected in mid-March 2025 to guide future drilling. Despite potential delays from Tropical Cyclone Zelia affecting Pilbara Projects, Novo is progressing with exploration activities, including ongoing assessments at the Toolunga Project and advancing applications at the Cane River Project, signaling a strategic expansion of its exploration portfolio.
More about Novo Resources
Novo Resources Corp. operates in the mining industry, focusing on the exploration and development of gold projects. The company is actively engaged in expanding its exploration portfolio with projects in New South Wales and Western Australia, aiming to identify and develop significant gold resources.
Average Trading Volume: 96,479
Technical Sentiment Consensus Rating: Buy
Current Market Cap: C$31.92M
See more insights into NVO stock on TipRanks’ Stock Analysis page.