Novo Resources (TSE:NVO) has released an update.
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Novo Resources Corp. has announced that their partner De Grey Mining has fulfilled a significant A$7 million investment in the exploration of the highly promising Egina Gold Project, which neighbors the prolific Hemi Gold Project. This investment has led to the discovery of several gold anomalies and gives De Grey the opportunity to earn a 50% joint venture interest in the project by committing an additional A$18 million by June 2027.
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