Novo Resources Corp. has released its quarterly update for the period ending June 30, 2025. The company's financial position remains robust, with a cash balance of A$7 million (C$6 million) and investments amounting to approximately A$34 million (C$30 million) as of June 30, 2025. Novo continues its strategic exploration and development activities across its diversified gold portfolio in Australia, focusing on both greenfields and advanced exploration projects. The company is planning detailed drilling programs across its key projects, ensuring strong engagement with Traditional Owners to maintain heritage protection. Novo's partnership with Northern Star Resources Limited in the Egina Farm-in/Joint Venture arrangement is progressing, with Northern Star reviewing previous data for future exploration planning. Additionally, Novo's board is seeking interest for potential acquisition or joint venture opportunities concerning the Comet Well and Purdy's North project. During the quarter, Novo divested its 11 million shares in GBM, generating proceeds of A$138,000, thus clearing out this investment from its portfolio. The shareholder base has broadened following First Sentier's reduction in shareholding, without impacting the share price. Overall, Novo remains focused on identifying value-accretive opportunities that align with its existing gold and copper assets.