Novo Resources to Begin RC Drilling at Tibooburra Project in Australia Next Month

04:20 PM EDT, 10/27/2026 (MT Newswires) -- Novo Resources (NVO.TO) Tuesday after trade said reverse circulation drilling at the Tibooburra project in New South Wales, Australia will begin mid-November. The company, having received all regulatory and land holder approvals for the drilling campaign, said drilling will test the Clone prospect and follow up the results of the 2025 drilling program that included intercepts of up to 12 meters testing a 5.90 grams per tonne (g/t) gold from 16 meters, including 5.0 meters at 13.74 g/t gold. Novo Resources shares closed unchanged at CA$0.055 on the Toronto Stock Exchange.