Novo Resources Corp.

09:34 AM EST - Novo Resources Corp. : Reported significant lithium assay results from reconnaissance mapping and sampling of the Kurrana Pegmatite Swarm in the Nullagine District of Western Australia. Kurrana is a 16-kilometre trend hosting LCT pegmatites some two kilometres to five kilometres north of the Kurrana Granitic Complex (comprising 3.38 - 3.18 Ga Golden Eagle Orthogneiss and a monzogranite of the 2.89 – 2.83 Ga Bonney Downs Granite) along the contact with the Mosquito Creek Basin. Significant Li-Ta potential has been identified along this trend within the Kurrana Pegmatite Swarm, with recently completed reconnaissance exploration programs defining over 200 pegmatites with numerous geometries and various sizes, some with up to 40% lepidolite. Novo Resources Corp. shares T.NVO are trading unchanged at $0.72.

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