Novo Resources (NVO.ASX): Hemi JV, Pilbara Drilling & High-Grade Gold Potential

James Whelan from smallcaps.com.au sits down with Novo Resources (NVO.ASX) director Mike Spreadborough at a major mining conference to unpack Novo’s strategy as a Greenfields gold explorer. The discussion covers near-term catalysts, pending news on project data, Pilbara rock chips and drilling planned for March, and the potential of the Bell Topper project in Victoria with high-grade vein potential. The interview also details the core Hemi project in the Northern Star JV—13 million ounces across roughly 1,000 square kilometres—and the earn-in economics to reach 50% ownership. We discuss how these pieces fit into Novo’s overall gold focus and what it could mean for shareholders in the current gold price environment. Timestamps: 0:00 Intro and what we cover 0:45 Novo Resources at a glance 2:15 Conference context and strategy 4:00 Pilbara updates – drilling in March 5:15 Bell Topper project – high-grade vein potential 6:40 Resource potential (70–80 g/t) and ounces 7:50 Hemi JV with Northern Star – 13 Moz, 1,000 km² 9:10 Funding to 50% – $25m earn-in 10:25 What this means for shareholders 11:15 Final thoughts and catalysts 12:00 Subscribe for more ASX small-cap coverage Stay connected for ongoing Novo Resources updates and broader ASX small-cap analysis by subscribing and turning on notifications. Let us know in the comments what you want covered next. ⚠️ IMPORTANT DISCLAIMER: This content is for educational and entertainment purposes only and should not be considered financial advice. All investments carry risk, including the potential loss of principal. Past performance does not guarantee future results. Always conduct your own research and consider seeking advice from a qualified financial advisor before making investment decisions. The creator may hold positions in securities discussed. 📌 Articles: https://smallcaps.com.au/novo-resources-strengthens-balance-sheet-san-cristobal-mining-sale 🔎 More on this company: https://smallcaps.com.au/stocks/asx-nvo/ ⸻ Small Caps is Australia’s #1 site for market news & information on ASX-listed small cap companies. 🌐 WEBSITE https://smallcaps.com.au/ 🎧 PODCAST https://smallcaps.com.au/podcast/ 📱 SOCIAL MEDIA Facebook: https://www.facebook.com/SmallCapsASX Twitter: https://twitter.com/SmallCapsASX LinkedIn: https://www.linkedin.com/company/small-caps/ 📬 NEWSLETTER https://smallcaps.com.au/subscribe/