Novo Boosts Exploration Team

VANCOUVER, British Columbia, Jan. 31, 2018 (GLOBE NEWSWIRE) -- Novo Resources Corp. (“Novo” or the “Company”) (TSX-V:NVO) (OTCQX:NSRPF) is delighted to welcome Kas De Luca to its team as its Senior Exploration Manager. With a career spanning more than 30 years, including extensive international experience with companies such as Dundee Precious Metals, Placer Dome, KCGM and Goldfields, Ms. De Luca joins the Company most recently from Newcrest Mining Limited, where she held the role of Regional Exploration Manager – Asia Pacific.

“Ms. De Luca comes to Novo with an excellent reputation and a breadth of geological knowledge and experience that will be an invaluable addition to our team,” commented Rob Humphryson, CEO and a director of Novo Resources Corp. “We are delighted that Ms. De Luca has accepted the challenge of helping us unlock the secrets of the unique conglomerate hosted gold systems across our 12,000 square kilometres of tenements in the Pilbara.”

“I’m really looking forwards to joining the Team at Novo, and excited by the challenges this new style of hard rock mineralisation will present in both exploration and mining,” commented Ms. De Luca.

The Company also reports that it has granted incentive stock options to certain employees of one of Novo’s wholly-owned subsidiary to purchase up to 1,275,000 common shares in the capital of the Company pursuant to its Stock Option Plan. The options are exercisable on or before January 30, 2023 at an exercise price of CAD$3.47 per share. The options are subject to certain vesting conditions.

About Novo Resources Corp.

Novo’s focus is to explore and develop gold projects in the Pilbara region of Western Australia, and Novo has built up a significant land package covering approximately 12,000 sq km. Novo also controls a 100% interest in approximately 2 sq km covering much of the Tuscarora Au-Ag vein district, Nevada. For more information, please contact Leo Karabelas at (416) 543-3120 or e-mail leo@novoresources.com.  

On Behalf of the Board of Directors,

Novo Resources Corp.

“Quinton Hennigh”
Quinton Hennigh
President and Chairman

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