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Novo Reports Q1 2022 Financial Results

Sumitomo Converts Egina Interest to 1 36% Interest in Novo

High-Grade Gold, up to 91 16 g/t Au, Identified via Rock

Novo and Sumitomo Complete Earn-In Over Kangan Project at Egina With Essential Metals Limited

Press release content from Globe Newswire. The AP news staff was not involved in its creation. Novo and Sumitomo Complete Earn-In Over Kangan Project at Egina With Essential Metals Limited Novo Resources Corp.December 16, 2020 GMT VANCOUVER, British Columbia, Dec. 16, 2020 (GLOBE NEWSWIRE) Novo Resources Corp. (“Novo” or the “Company”) (TSX-V: NVO; OTCQX: NSRPF) is pleased to announce that it has, in conjunction with Sumitomo Corporation of Tokyo, Japan, completed its earn-in obligations and earned a 70% interest in precious metals rights on Essential Metals Limited’s (formerly Pioneer Resources Limited) (“Essential”) (ASX: ESS) Kangan project. The Kangan project comprises a portion of the Company’s Egina project (

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