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Novo Resources (NSRP.F) investor relations material
Novo Resources RIU Explorers Conference 2026 summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Strategic focus and project pipeline
Emphasis on greenfields exploration with a pipeline ranging from early-stage to advanced projects in Pilbara, Onslow, and New South Wales.
Advanced exploration targets at John Bull and Tibooburra are drill-ready, pending tenement grants.
Belltopper Gold Project in Victoria is 100% owned, with updated exploration targets and diamond drilling planned for the second half of the year.
Joint venture and farm-in agreements, including with Northern Star, aim to advance projects to resource definition and drill-out stages.
Portfolio includes both self-funded and strategically supported projects, with a focus on growing and diversifying assets.
Key exploration activities and results
Pilbara region hosts large-scale tenements, with focus areas including Balla Balla, Teichman (Egina Gold Camp), and Wyloo.
Teichman area, a joint venture with the Creasy Group, yielded high-grade gold, copper, and silver results, with RC drilling planned for H2.
Balla Balla target shows promising alteration and low-level gold, with infill drilling scheduled early this year.
Wyloo Southeast features high-grade antimony, silver, and gold, with maiden drilling set for Q2 after heritage clearance.
Ongoing fieldwork and target development in Onslow and other Pilbara tenements, with a focus on efficient capital allocation.
Financial position and operational outlook
Market capitalization stands at approximately $50 million, with AUD 8 million in cash as of December.
Additional portfolio assets serve as a financial buffer for future drilling campaigns.
Strong shareholder support and a capable team underpin ongoing and planned exploration activities.
Drilling programs are scheduled across multiple projects from April through September, with further work at Belltopper in H2 and possibly into 2027.
Commitment to advancing a diversified portfolio and accelerating drilling as access and compliance allow.
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