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Novo meets commitment to earn 50% in Karratha JV

By:  
Creamer Media Senior Deputy Editor Online
 
GOLD
Canada’s Novo Resources has satisfied its farm-in and joint venture (JV) expenditure commitment to earn 50% into a venture with Australia’s Artemis Resources focusing on conglomerate gold in the Karratha region of the Pilbara. Three separate unincorporated 50:50 JVs have been formed between Novo subsidiary Karratha Gold and each of KML No2, Fox Radio Hill and Armada Mining, which are all subsidiaries of Artemis.
 
 
 
 
 

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