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Novo Resources Corp.

10:23 AM EST - Novo Resources Corp. : Provided an update on near-mine exploration programs focusing on exploration opportunities at its highly prospective 100% controlled NGP. Novo’s aggressive 2021 exploration continues with Novo’s board of directors approving additional funding of up to A$2.5M to support near-mine exploration. This is in addition to the A$12 million approved in June 2021 for exploration across Novo’s tenements in 2021. The goal of this program is to accelerate the delineation of targets in the Mosquito Creek Basin that have the potential to provide additional oxide mill feed to the NGP’s Golden Eagle processing facility. Novo Resources Corp. shares T.NVO are trading down $0.06 at $1.73.