Novo Resources Corp. (NSRPF)

[TMLonggun]

Novo Announces First Results from Oxide Resource Drilling Program and Discusses Mining Concept for Beatons Creek

Intercepts include 1 m @ 9.09 gpt Au in hole BCRC14-080, 1 m @ 11.32 gpt Au in hole BCRC14-117, 3 m @ 2.79 gpt Au in hole BCRC14-125, 4 m @ 2.27 gpt Au in hole BCRC14-126, 2 m @ 8.12 gpt Au in hole BCRC-145 and 3 m @ 2.59 gpt Au in hole BCRC14-14

"We are extremely pleased with these drill results," commented Dr. Quinton Hennigh, President and CEO of Novo Resources Corp. "Not only are we seeing promising grades, but we can now also see good continuity of shallow, oxidized gold-bearing conglomerates over broad areas. Recent work has also demonstrated the potential for simple, low-cost mining techniques. Couple this with what we now know about the potential to treat this mineralized material utilizing inexpensive gravity recovery, we think we can develop a very cost effective mining operation at Beatons Creek."

Read more at http://www.stockhouse.com/news/press-releases/2015/02/09/novo-announces-first-results-from-oxide-resource-drilling-program-and-discusses#fp7xooVWRpWSmeQL.99

Looking good and having a stock go up on positive news is nice for a change.