Detail akcie Novo Res online

Business Summary: Novo Resources Corp. is a gold explorer focused on discovering tandalone gold and copper projects. The Company is engaged primarily in the business of evaluating, acquiring, exploring, and developing natural resource properties. It has a land package covering approximately 5,500 square kilometers in the Pilbara region of Western Australia, along with the 22 square kilometer Belltopper project in the Bendigo Tectonic Zone of Victoria, Australia. Its key project area in the Pilbara is the Egina Gold Camp, where the Company is farming-in to form a joint venture at the Becher Project and surrounding tenements through exploration. The Becher Project has similar geological characteristics to its Hemi Project. It is also advancing gold exploration south of Becher in the Egina Gold Camp, part of the Croydon JV. Its portfolio also consists of the TechGen John Bull Gold Project in the New England Orogen of NSW, and Manhattan Tibooburra Gold Project in the Albert Goldfields in northwestern NSW.
Financial Summary: BRIEF: For the three months ended 31 March 2025, Novo Resources Corp revenues was not reported. Net loss decreased 68% to C$1.6M. Lower net loss reflects Exploration expenditure decrease of 34% to C$1.6M (expense), Depreciation decrease of 93% to C$50K (expense), Office and general decrease of 58% to C$332K (expense).