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Novo picks up Millennium's Nullagine project

NOVO Resources has confirmed expectations by acquiring the Nullagine gold project in Western Australia, operated by the failed Millennium Minerals, for A$61 million in shares and repayment of secured debt of $69 million.

Michael Quinn
Novo picks up Millennium's Nullagine project

  Novo aims to resume mining and processing around the turn of the year, with indicated resources at its neighboring Beatons Creek project totalling 6.6 million tonnes grading 2.1 gram per tonne for...

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