Novo Resources (TSE:NVO) has released an update.
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Novo Resources Corp. has sold its remaining 20% interest in the Quartz Hill Joint Venture along with its gold and silver rights to Austroid Australia Pty Ltd for A$850,000. This move aligns with Novo’s strategic shift to focus on gold exploration in the Pilbara region, while maintaining exposure to battery metals through the Harding Battery Metals Joint Venture.
For further insights into TSE:NVO stock, check out TipRanks’ Stock Analysis page.