{"id":402073,"date":"2020-12-17T10:21:51","date_gmt":"2020-12-17T15:21:51","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=402073"},"modified":"2020-12-17T10:21:51","modified_gmt":"2020-12-17T15:21:51","slug":"beatons-creek-operational-update","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/beatons-creek-operational-update\/","title":{"rendered":"Beatons Creek Operational Update"},"content":{"rendered":"<h2>\nProject Remains on Schedule and on Budget<br \/>\n<\/h2>\n<div class=\"mw_release\">\n<p align=\"justify\">VANCOUVER, British Columbia, Dec.  17, 2020  (GLOBE NEWSWIRE) &#8212; <strong>Novo Resources Corp.<\/strong> (\u201c<strong>Novo<\/strong>\u201d or the \u201c<strong>Company<\/strong>\u201d) (TSX-V: NVO &amp; NVO.WT; OTCQX: NSRPF) is pleased to provide an operational update from its Beatons Creek gold project (\u201c<strong>Beatons Creek<\/strong>\u201d) and Nullagine processing facility (<strong>\u201cGolden Eagle Mill\u201d<\/strong>).<\/p>\n<p align=\"both\">\n        <strong>Beatons Creek and Nullagine Gold Project Update: <\/strong>\n      <\/p>\n<p align=\"both\">Development at Beatons Creek and refurbishment at the Golden Eagle Mill continue to progress safely, on schedule and within budget. Recent key events and milestones include:<\/p>\n<ul type=\"disc\">\n<li style=\"text-align:justify\">Iron Mine Contracting Pty Ltd (\u201c<strong>IMCPL<\/strong>\u201d) has commenced ramping up activities from today;<\/li>\n<li style=\"text-align:justify\">1 in 500 year rain event on Dec 11<sup>th<\/sup> and 12<sup>th<\/sup> (320mm in 48 hours) caused flooding in the town of Nullagine and some damage to the haulage route and communications. Site access and regional communications were re-established without impacting project schedule;<\/li>\n<li style=\"text-align:justify\">Haulage of material to the Golden Eagle Mill will commence from 21<sup>st<\/sup> December once the main Newman to Marble Bar road is satisfactorily repaired;\u00a0\u00a0<\/li>\n<li style=\"text-align:justify\">As a result of the recent rain event, the site now has in excess of 6 months water supply in the Golden Eagle pit adjacent to the plant to complement the site borefield supply;<\/li>\n<li style=\"text-align:justify\">Site is preparing for a scheduled holiday hiatus in processing plant construction activities from 22<sup>nd<\/sup> December until 4<sup>th<\/sup> January; and<\/li>\n<li style=\"text-align:justify\">Site personnel (including contractors) now total 90.<\/li>\n<\/ul>\n<p align=\"both\">Please see the Company\u2019s news release dated <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=tbQ0sJGmv1Vmeo8BoePmVjywX3bxiDrVcgk8paBkNxPLylJm3UbdvpWNPfKWJCA7IOagx9J2kiJkORsHWxIobO6B36X432BU8lWUWRXZWD9FSaVUS9k7sEqWLQqo3HJx4XOBWaUQP7eYTcg8zOV-nA==\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">December <\/a><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=8Gq2loSJivEBBuOckTU4F3KW8saq2xMwqfP9EW8lZ8xyJqHza6D1ltcU8NwvFXavfk4s1r-0y74CD5_dREQSorLYyxUd-hPMXBWTLmCM8zepZ5iCOcUsdQMLksr2CL11CP_gzB5TbtaMco-Wahf35Q==\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">8,<\/a><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=duThTs45a2vjdiepKV9q-sbidKlU0dg2j5WF_hfVOLdqlokQNkG0XBeLxZlCuqFoNSOvEbxykTqWw91MUx9DK96GTJLn6uoO1JpK6UBKxL7Gy5bbIouoWsFSuvLbMB2sUL91rE65MEz8ZRO_Q3IEOw==\" rel=\"nofollow noopener noreferrer\" target=\"_blank\"> 2020<\/a> for the Company\u2019s previous operational update.<\/p>\n<p align=\"both\">\n        <strong><br \/>\n          <em>Development activities at Beatons Creek:<\/em><br \/>\n        <\/strong>\n      <\/p>\n<ul type=\"disc\">\n<li style=\"text-align:justify\">IMCPL and Edwards Earthmoving P\/L continuing with mining development works;<\/li>\n<li style=\"text-align:justify\">IMCPL Mining equipment mobilized to site includes 1 x D10 dozer, 1 x PC850 excavator, CAT 740B watercart, 14M grader and 3 x CAT 745 trucks, with additional fleet scheduled to arrive within a week (<em>see <\/em><em>figure 1<\/em><em> and <\/em><em>figure 2<\/em><em> below<\/em>);<\/li>\n<li style=\"text-align:justify\">Lacy Contracting Services P\/L are preparing to commence haulage from Beatons Creek to the Golden Eagle Mill from 21<sup>st<\/sup> December;<\/li>\n<li style=\"text-align:justify\">Grade control reverse circulation drilling by Castle Drilling continues on two shifts across the Edwards and Grant\u2019s Hill areas, with this initial grade control program schedule for completion by 22<sup>nd<\/sup> December;<\/li>\n<li style=\"text-align:justify\">Beatons Creek ROM pad has been widened;<\/li>\n<li style=\"text-align:justify\">Topsoil stripping of Grant\u2019s Hill waste dump location has been completed; and<\/li>\n<li style=\"text-align:justify\">Office buildings have been relocated from the Golden Eagle Mill to Beatons Creek (<em>see <\/em><em>figure <\/em><em>3<\/em><em> below<\/em>). <\/li>\n<\/ul>\n<p align=\"both\">\n        <strong><br \/>\n          <em>Refurbishment works on the Golden Eagle Mill:<\/em><br \/>\n        <\/strong>\n      <\/p>\n<p align=\"both\">\n        <em>Plant refurbishment:<\/em>\n      <\/p>\n<ul type=\"disc\">\n<li style=\"text-align:justify\">The GR Engineering Services (\u201c<strong>GRES<\/strong>\u201d) scope currently stands at approximately 60% complete, with works continuing on schedule and within budget with no material issues or problems encountered thus far;<\/li>\n<li style=\"text-align:justify\">Works continue with refurbished key componentry returning from Perth for installation \u2013 all continues according to schedule;<\/li>\n<li style=\"text-align:justify\">Preparation and painting of the tanks will be completed prior to Christmas with only the inter-tank launders remaining to be painted in the first working week of January;<\/li>\n<li style=\"text-align:justify\">Gravity section steelwork erection continues ahead of receipt and installation of the upgraded gravity circuit components;<\/li>\n<li style=\"text-align:justify\">All long lead items have been ordered, with arrival dates remaining within the project schedule; and<\/li>\n<li style=\"text-align:justify\">Commissioning planning is well advanced and on schedule.<\/li>\n<\/ul>\n<p align=\"both\">\n        <em>Civil works:<\/em>\n      <\/p>\n<ul type=\"disc\">\n<li style=\"text-align:both\">Foundations have now been completed for the upgraded Acacia reactor unit and new elution tank footings in the gold room.<\/li>\n<\/ul>\n<p align=\"both\">\n        <strong>Other major tenders:<\/strong>\n      <\/p>\n<ul type=\"disc\">\n<li style=\"text-align:justify\">The permanent surface haulage contract package is currently out for tender, with solid progress being made with numerous other commercial agreements for fuel supply, processing reagents, and flights.<\/li>\n<\/ul>\n<p align=\"justify\">Novo CEO and director Rob Humphryson commented, \u201cDespite the challenges created by some recent heavy rainfall, the project is tracking safely, within budget and to schedule. All contractors at the site continue to perform outstanding work and we thank them for their cooperative efforts.\u201d<\/p>\n<p align=\"justify\">Dr. Quinton Hennigh (P.Geo.) is the qualified person pursuant to NI 43-101 responsible for, and having reviewed and approved, the technical information contained in this news release. Dr. Hennigh is President, Chairman, and a director of Novo.<\/p>\n<p align=\"justify\">\n        <strong>About Novo Resources Corp.<\/strong>\n      <\/p>\n<p align=\"justify\">Novo is advancing its flagship Beatons Creek gold project to production while exploring and developing its highly prospective land package covering approximately 14,000 square kilometres in the Pilbara region of Western Australia. In addition to the Company\u2019s primary focus, Novo seeks to leverage its internal geological expertise to deliver value-accretive opportunities to its shareholders. For more information, please contact Leo Karabelas at (416) 543-3120 or e-mail\u00a0<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=vav4i9RhqY_PvYZa0Cp6r0xM1XYHoMoO7Uh-Qt0pEAAqHAe9Ohy-eKrtiqdz_N8Li3DR5dchWj1dwoQDum5RFK-s-hrC1V14eI4N6a1y08w=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">leo@novoresources.com<\/a><\/p>\n<p align=\"justify\">On Behalf of the Board of Directors,<\/p>\n<p align=\"justify\">\n        <strong>Novo Resources Corp. <\/strong>\n      <\/p>\n<p align=\"justify\">\n        <u>\u201cQuinton Hennigh\u201d<\/u><br \/>\n        <br \/>Quinton Hennigh <br \/>President and Chairman<\/p>\n<p align=\"justify\">\n        <em>Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release. <\/em>\n      <\/p>\n<p align=\"justify\">\n        <strong>Forward-looking information <\/strong>\n      <\/p>\n<p align=\"justify\">Some statements in this news release contain forward-looking information (within the meaning of Canadian securities legislation) including, without limitation, the successful completion of development and plant refurbishments works on time and on budget, and that Novo\u2019s board of directors will make the decision to commence full-scale production at Beatons Creek. Forward-looking statements address future events and conditions and, as such, involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the statements. Such factors include, without limitation, the successful completion of site establishment works at Beatons Creek, the successful completion of grade control drilling works, the successful completion of mining, camp management, fuel supply, processing reagents, assay laboratory services, flights, and haulage services contracts, and customary risks of the resource industry.<\/p>\n<p align=\"justify\">PDFs accompanying this announcement are available at:<\/p>\n<p align=\"justify\">\n        <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=J_J5wdB2mqsPtw8468EFJCPsoEyqSkSWiuVSXmZZWbpSQ6PQplTCugAoFshbsNypEde7LtUlWiEVTSFaprZ6MjW7q6ZoS9cg3WOTZIP7B3NWKHt8ukQXmczBdRWmusoTSedB_FOMGbzwnrDgukXGdkWRWx1s3i8jCrLRw_wL0utsTilnJv0Z0UMLB_ucv9KiJWXnvTDw3Us_Bb5X_YrS1Rp8zkcYJrjNEngCs-ZUactdzuXgLHeQFBZJqdNsKaDC\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">http:\/\/ml.globenewswire.com\/Resource\/Download\/7a85f865-47a5-4657-aa34-34a59f6ca8c8<\/a>\n      <\/p>\n<p align=\"justify\">\n        <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=J_J5wdB2mqsPtw8468EFJCPsoEyqSkSWiuVSXmZZWbpSQ6PQplTCugAoFshbsNypUDjuq2eneEPz7E4LNHpQ_hTRPi1Ca5kiKIDDQ22PI_Ii8yP9ZP0dKccKEC-yNhltV-4dP5g0zCnU7nNsRqDcm-0gQFYOsHTys4tl4sBJAeaCuOIIZGl43ybQeZGbtct-GI2CCDN5SuAg7LeTeDxnOViOS5ZGRY-IAbXw-RQF094TU5vYLFTasfG6gK92H9Eq\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">http:\/\/ml.globenewswire.com\/Resource\/Download\/f8c3f956-a532-48cf-bf08-14d546fdfb60<\/a>\n      <\/p>\n<p align=\"justify\">\n        <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=J_J5wdB2mqsPtw8468EFJCPsoEyqSkSWiuVSXmZZWbpSQ6PQplTCugAoFshbsNypSJ3QhiN2tBY4YB6yyHL0qrspks7BmbaYpFQiu7YbfjSW_IlS1DId2PdoqbUj324fGTGvAPOyAARrDWJOmU6w7ccQ7QuZJAHHkKvLKz9Lisoj8Ve4URrqE5Po1m5e3BVKgmKsI9eeNieKDEdsfpE36vMtP6yjPU1XIq7yQe0vgval8O9QH6xc0eE_4r3X_AAB\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">http:\/\/ml.globenewswire.com\/Resource\/Download\/3ab0ce66-65eb-4cb7-b07a-6511654c2acb<\/a>\n      <\/p>\n<p>      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODExNDE2MSMzODg2ODUxIzIwODQzNDE=\" width=\"1\" height=\"1\" \/><br \/>\n      <br \/>\n      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/ml.globenewswire.com\/release\/track\/4cb1503d-a4ef-416c-b142-57d565f78a53\" width=\"1\" height=\"1\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Project Remains on Schedule and on Budget VANCOUVER, British Columbia, Dec. 17, 2020 (GLOBE NEWSWIRE) &#8212; Novo Resources Corp. (\u201cNovo\u201d or the \u201cCompany\u201d) (TSX-V: NVO &amp; NVO.WT; OTCQX: NSRPF) is pleased to provide an operational update from its Beatons Creek gold project (\u201cBeatons Creek\u201d) and Nullagine processing facility (\u201cGolden Eagle Mill\u201d). Beatons Creek and Nullagine Gold Project Update: Development at Beatons Creek and refurbishment at the Golden Eagle Mill continue to progress safely, on schedule and within budget. Recent key events and milestones include: Iron Mine Contracting Pty Ltd (\u201cIMCPL\u201d) has commenced ramping up activities from today; 1 in 500 year rain event on Dec 11th and 12th (320mm in 48 hours) caused flooding in the town of Nullagine and &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/beatons-creek-operational-update\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Beatons Creek Operational Update&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-402073","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Beatons Creek Operational Update - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/beatons-creek-operational-update\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Beatons Creek Operational Update - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Project Remains on Schedule and on Budget VANCOUVER, British Columbia, Dec. 17, 2020 (GLOBE NEWSWIRE) &#8212; Novo Resources Corp. (\u201cNovo\u201d or the \u201cCompany\u201d) (TSX-V: NVO &amp; NVO.WT; OTCQX: NSRPF) is pleased to provide an operational update from its Beatons Creek gold project (\u201cBeatons Creek\u201d) and Nullagine processing facility (\u201cGolden Eagle Mill\u201d). Beatons Creek and Nullagine Gold Project Update: Development at Beatons Creek and refurbishment at the Golden Eagle Mill continue to progress safely, on schedule and within budget. Recent key events and milestones include: Iron Mine Contracting Pty Ltd (\u201cIMCPL\u201d) has commenced ramping up activities from today; 1 in 500 year rain event on Dec 11th and 12th (320mm in 48 hours) caused flooding in the town of Nullagine and &hellip; Continue reading &quot;Beatons Creek Operational Update&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/beatons-creek-operational-update\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2020-12-17T15:21:51+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODExNDE2MSMzODg2ODUxIzIwODQzNDE=\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"5 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/beatons-creek-operational-update\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/beatons-creek-operational-update\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Beatons Creek Operational Update\",\"datePublished\":\"2020-12-17T15:21:51+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/beatons-creek-operational-update\\\/\"},\"wordCount\":958,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/beatons-creek-operational-update\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=ODExNDE2MSMzODg2ODUxIzIwODQzNDE=\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/beatons-creek-operational-update\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/beatons-creek-operational-update\\\/\",\"name\":\"Beatons Creek Operational Update - 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Market Newsdesk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.marketnewsdesk.com\/index.php\/beatons-creek-operational-update\/","og_locale":"en_US","og_type":"article","og_title":"Beatons Creek Operational Update - Market Newsdesk","og_description":"Project Remains on Schedule and on Budget VANCOUVER, British Columbia, Dec. 17, 2020 (GLOBE NEWSWIRE) &#8212; Novo Resources Corp. (\u201cNovo\u201d or the \u201cCompany\u201d) (TSX-V: NVO &amp; NVO.WT; OTCQX: NSRPF) is pleased to provide an operational update from its Beatons Creek gold project (\u201cBeatons Creek\u201d) and Nullagine processing facility (\u201cGolden Eagle Mill\u201d). Beatons Creek and Nullagine Gold Project Update: Development at Beatons Creek and refurbishment at the Golden Eagle Mill continue to progress safely, on schedule and within budget. Recent key events and milestones include: Iron Mine Contracting Pty Ltd (\u201cIMCPL\u201d) has commenced ramping up activities from today; 1 in 500 year rain event on Dec 11th and 12th (320mm in 48 hours) caused flooding in the town of Nullagine and &hellip; Continue reading \"Beatons Creek Operational Update\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/beatons-creek-operational-update\/","og_site_name":"Market Newsdesk","article_published_time":"2020-12-17T15:21:51+00:00","og_image":[{"url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODExNDE2MSMzODg2ODUxIzIwODQzNDE=","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"5 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/beatons-creek-operational-update\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/beatons-creek-operational-update\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Beatons Creek Operational Update","datePublished":"2020-12-17T15:21:51+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/beatons-creek-operational-update\/"},"wordCount":958,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/beatons-creek-operational-update\/#primaryimage"},"thumbnailUrl":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODExNDE2MSMzODg2ODUxIzIwODQzNDE=","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/beatons-creek-operational-update\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/beatons-creek-operational-update\/","name":"Beatons Creek Operational Update - 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