Novo Resources - H1 2025 Exploration Outlook: Projects In New South Wales, Onslow District Western Australia, and Pilbara
Mike Spreadborough, Executive Co-Chairman of Novo Resources (TSX: NVO - OTCQX: NSRPF - ASX:NVO) joins me to outline the Company’s exploration plans for the first half of 2025 across its project portfolio in Australia.
Mike discusses the Company's recent exploration farm-ins in New South Wales, including the Albert Gold Fields and John Bull projects, outlining the initial mapping and soil sampling efforts currently underway. Detailed drilling programs are planned for these sites from late March through June.
Additionally, Mike provides an overview of the early-stage exploration activities in the Onslow region and the Pilbara area, emphasizing the strategic importance of these underexplored grounds. In the Pilbara we discuss Novo's joint venture with De Grey and the potential impact of Northern Star’s takeover offer.
Financially, Novo remains solid with cash reserves and a large investment portfolio, positioning the Company well to continue with its exploration strategy.
Please email me with any follow up questions for Mike and the team at Novo Resources. My email address is Fleck@kereport.com.
