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VANCOUVER, November 9, 2011 - Novo Resources Corp. ("Novo" or the "Company") (CNSX: NVO) is pleased to announce plans to commence a 5,000 meter reverse circulation drill program at its Beatons Creek gold project in Western Australia beginning in early December 2011. Drilling of approximately 35, 50-250 meter deep holes will target a series of shallow, gold-bearing conglomerate reefs to evaluate their grade and continuity. Although these conglomerates are believed to underlie several square kilometers of the property, this initial drill test will evaluate an area of approximately one square kilometer proximal to outcrops of gold-bearing conglomerates that have been developed by numerous historic mine workings.
"We are very excited to commence drilling of this unusual but potentially significant gold system," states Dr. Quinton Hennigh, President and CEO of Novo Resources. "Historic drilling suggests the presence of up to four stacked reefs occurring within roughly eighty meters of stratigraphic section. Our drill program will definitively evaluate the grade and continuity of these reefs over a broad area of about one square kilometer, but if successful, will help demonstrate the possibility for even more extensive mineralization throughout the property."
About Beatons Creek
The Beatons Creek Tenements cover extensive exposures of the Beatons Creek conglomerates, a series of Archaean age pyritic conglomerates hosting gold mineralization similar to that of the Witwatersrand Basin in the Republic of South Africa. Shallow gold reefs were first identified and mined in this area beginning in the late 1800's. Novo's upcoming drill program will be the first modern, systematic exploration on the property.
Dr. Quinton Hennigh, a Qualified Person as defined by National Instrument 43-101, has approved the technical contents of this news release.
About Novo Resources Corp.
Novo's focus is to evaluate, acquire and explore natural resource properties. The Company presently has an option to earn a 70% interest in an exploration property situated in Western Australia, namely Beatons Creek Tenements. For more information, please contact Leo Karabelas at (416) 543-3120 or e-mail leo@frontlineir.com
On Behalf of the Board of Directors,
Novo Resources Corp.
"Quinton Hennigh"
Quinton Hennigh
CEO and President
Forward-Looking Information
This news release contains forward-looking information (within the meaning of Canadian securities legislation) about the Company and its future plans. Forward-looking information relates to future events or future performance and reflect management's expectations or beliefs regarding future events rather than historical facts, and in this news release include but are not limited to the statements (the "forward-looking statements") regarding the Company's intention to commence a 5,000 meter reverse circulation drill program at its Beatons Creek gold project beginning approximately early December 2011 and the number and depth of holes planned to be drilled. The forward-looking statements are subject to various risks, uncertainties and other factors that could cause the Company's actual results or achievements to differ materially from those expressed in or implied by forward-looking statements. These risks, uncertainties and other factors include, without limitation, the ability to arrange the required insurance coverage in a timely manner and the ability of the drilling contractor to mobilize and commence drilling within the time period anticipated by the Company's management.
The Canadian National Stock Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the content of this news release.
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