Novo Resources Corp. Announces Beatons Creek Fresh Approvals Update
Suite 1100, 1199 West Hastings Street
Vancouver, BC, Canada V6E 3T5
P: +1-416-543-3120 E: [email protected] www.novoresources.com
DECEMBER 23, 2022
NOVO RESOURCES CORP. ANNOUNCES
BEATONS CREEK FRESH APPROVALS UPDATE
VANCOUVER, BC - Novo Resources Corp. (“Novo” or the “Company”) (TSX: NVO , NVO.WT & NVO.WT.A)
(OTCQX: NSRPF) is pleased to advise of the withdrawal of a recently filed appeal of the Western Australian
Environmental Protection Authority’s decision to not assess the Company’s proposed Phase Two Fresh
operations1 at the Beatons Creek project (“Beatons Creek ”). The proposal to mine Beatons Creek Fresh
material will now be assessed and managed by the Western Australian Department of Mines, Industry
Regulation and Safety in consultation with other regulatory authorities.
ABOUT NOVO
Novo explores and develops its prospective land package covering approximately 10,500 square kilometres in
the Pilbara region of Western Australia, including the Beatons Creek gold project, along with two joint ventures
in the Bendigo region of Victoria, Australia. In addition to the Company’s primary focus, Novo seeks to leverage
its internal g eological expertise to deliver value -accretive opportunities to its stakeholders. For more
information, please contact Leo Karabelas at (416) 543-3120 or e-mail [email protected].
On Behalf of the Board of Directors,
Novo Resources Corp.
“Michael Spreadborough”
Michael Spreadborough
Executive Co-Chairman and Acting CEO
Forward-looking information
Some statements in this news release contain forward-looking information (within the meaning of Canadian
securities legislation) including, without limitation, that the proposal to mine Beatons Creek Fresh material
will now be assessed and managed by the Western Australian Department of Mines, Industry Regulation and
Safety in consultation with other regulatory authorities . These statements address future events and
conditions and, as such, involve known and unknown risks, uncertainties and other factors which may cause
the actual results, per formance or achievements to be materially different from any future results,
performance or achievements expressed or implied by the statements. Such factors include, without
limitation, customary risks of the resource industry and the risk factors identified in Novo’s management’s
discussion and analysis for the nine-month period ended September 30, 2022, which is available under Novo’s
profile on SEDAR at www.sedar.com. Forward-looking statements speak only as of the date those statements
are made. Except as required by applicable law, Novo assumes no obligation to update or to publicly announce
the results of any change to any forward-looking statement contained or incorporated by reference herein to
reflect actual results, fu ture events or developments, changes in assumptions or changes in other factors
affecting the forward -looking statements. If Novo updates any forward -looking statement(s), no inference
should be drawn that the Company will make additional updates with resp ect to those or other forward -
looking statements.
1 Refer to the Company’s news release dated August 8, 2022.