The focus of Novo is to explore and develop high quality gold projects in Western Australia. We have two exceptional properties. Yes, the Australian dollar has fallen over the past couple of years. That makes gold mining in Australia very, very profitable at the moment.
Novo Resources Corp. is a Canadian listed company, but it has assets in Western Australia. We see Western Australia as a very favorable jurisdiction for mining. We are focused on gold. We have two very high quality projects, Beatons Creek and Blue Spec. Beatons Creek is an advanced project. We’re looking to move towards the development and Blue Spec is a very high quality exploration project close to Beatons Creek.
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