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Novo Resources - Exploration Roadmap For H2 2026, San Cristobal Valuation

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Welcome to this Company Update on the KE Report. In this episode, I sit down with Mike Spreadborough, Executive Co-Chairman of Novo Resources (TSX: NVO | ASX: NVO | OTCQX: NSRPF), to discuss the company’s updated corporate presentation, strong balance sheet, and exploration roadmap across Australia.

  • Strengthened Balance Sheet and Asset Revaluation: An updated valuation of the San Cristobal Mining holding and recurring dividend revenue.
  • High-Priority Copper-Gold and IOCG Targets: A focus on  the Tooliunga project and the initial steps toward drilling.
  • Near-Term Drill Programs at Tibooburra and Teichman: Details on near-term drilling campaigns designed to follow up on high-grade surface sampling and historical workings across New South Wales and Western Australia.
  • Regaining 100% Ownership at Egina and Expanding Belltopper: Why the return of the Egina tenure presents a major opportunity following millions in partner expenditure, alongside the strategy for building ounces at Belltopper in Victoria.

 

Please email me with any follow up questions for Mike and the team at Novo Resources. My email address is Fleck@kereport.com.  

 

Click here to visit the Novo Resources website to learn more about all the projects and exploration programs. 

 

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Investment disclaimer: This content is for informational and educational purposes only and does not constitute investment advice, an offer, or a solicitation to buy or sell any security or investment product. Investing in equities, commodities, really everything involves risk, including the possible loss of principal. Do your own research and consult a licensed financial advisor before making any investment decisions. Guests and hosts may own shares in companies mentioned.

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