Novo Resources ( (TSE:NVO) ) has issued an update.
Novo Resources Corp. has announced plans to commence a targeted RC drilling program at the Clone prospect within the Tibooburra Gold Project in April 2025. The program aims to explore high-grade gold mineralization trends identified through recent mapping and sampling activities. This initiative is part of Novo’s strategy to capitalize on the exploration potential of the Tibooburra region, which includes historic goldfields and multiple mineralized trends. The project is expected to enhance Novo’s exploration portfolio and deliver significant value to shareholders.
More about Novo Resources
Novo Resources Corp. is a company focused on gold exploration, primarily operating in the Tibooburra Gold Project located in northwestern New South Wales, Australia. The company is engaged in advanced exploration activities, with a market focus on high-grade gold targets, leveraging historical workings and geological mapping to identify potential mineralized trends.
YTD Price Performance: 11.11%
Average Trading Volume: 77,481
Technical Sentiment Signal: Buy
Current Market Cap: C$33.69M
See more data about NVO stock on TipRanks’ Stock Analysis page.