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Novo Resources Corp.

10:41 AM EST - Novo Resources Corp. : Provided an update on recent exploration work conducted at its 100% controlled Talga Gold Project.The Talga Gold Project is located approximately 110 km north of the Company’s flagship Beatons Creek conglomerate gold project. During July and August, 65 shallow RC holes were drilled for a total of 3,240 m, testing three targets along the mineralized corridor. This program constitutes the first phase of drilling, with holes spaced 80 m x 20 m on sections along the mineralized corridor, and with most holes only targeting the first (shallowest) shear. Novo Resources Corp. shares T.NVO are trading up $0.07 at $1.89.