VANCOUVER, British Columbia, April 29, 2021 (GLOBE NEWSWIRE)
Novo Resources Corp. (“
Novo” or the “
Company”) (TSX: NVO & NVO.WT; OTCQX: NSRPF) is pleased to provide an update of the ramp-up of operations at the Beatons Creek conglomerate gold project in Western Australia (“
Beatons Creek”).
Highlights
Commissioning and ramp up have progressed safely (no lost time injuries recorded to date) and within expectations amid a favourable gold price environment (Australian gold price currently above A$2,275 per oz)
Since commencement of processing operations on February 3, 2021 and pouring of Novo’s first gold bar on February 16, 2021, a total of 7,375 fine oz Au and 1,158 fine oz Ag have been sold to date