Novo Secures Strategic Land Position in the Onslow District Western Australia
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Novo Resources has expanded its exploration portfolio in Western Australia by securing a significant land position in the Onslow District. This includes an option to acquire a 70% interest in OD4 Rocklea Pty Ltd's Cane River Project and direct pegging of six new exploration licenses.
December 10, 2024 | 2:45 pm
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Novo Resources has secured a significant land position in Western Australia's Onslow District, enhancing its exploration portfolio. This move includes an option to acquire a 70% interest in a key project and direct pegging of new licenses.
The acquisition of a significant land position in a resource-rich area like the Onslow District is likely to enhance Novo's exploration capabilities and potential resource base. This strategic move could positively impact the company's future growth prospects and investor sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 90