Novo Resources

Melbourne-based shell company Public Holdings (Australia) is set to move into gold exploration after striking a deal to acquire a group of Western Australian gold tenements from prospector Denis O’Meara, while also announcing plans for a $7.5 million capital raising.

Junior gold miner Kalamazoo Resources has announced an $8 million placement to billionaire investor Eric Sprott and his Canada-listed company, Novo Resources Corporation.

Calidus Resources has signed an agreement to buy a high-grade gold project for $19.5 million, which will use infrastructure from the company’s proposed Warrawoona mine.

GR Engineering Services has secured new work with Canada’s Novo Resources Corp for its Nullagine goldmine in the Pilbara.

Canadian gold explorer Novo Resources Corp will explore a dual listing on the ASX after its Mallina Basin neighbour De Grey Mining became its largest shareholder.

Canadian explorer Novo Resources is seeking to list on the Australian Securities Exchange with a $4 million raise to bolster exploration at its Pilbara assets.

De Grey-backed gold explorer Novo Resources made its debut on the Australian Stock Exchange on Monday, ending the day up 20 per cent.

Global lithium major SQM has moved on more lithium assets in Western Australia after striking a $10 million deal to acquire a stake in Novo Resources’ Pilbara tenements.

ASX-listed Novo Resources has announced sweeping changes at leadership level

De Grey Mining has achieved a key milestone in efforts to enhance its footprint close to the flagship Hemi gold project in the Pilbara.