Novo Resources Executive Co-Chairman and Director Mike Spreadborough talked with Proactive about the company’s key activities in 2025 and what lies ahead in early 2026.
Spreadborough highlighted three major areas of progress during the year, while also noting the company's discipline in assessing new project opportunities, choosing not to pursue “the first thing that is nice and shiny”. Spreadborough noted this approach reflects the board's focus on long-term value.
Looking ahead, Novo is funded with $10 million in cash and an investment portfolio of around AU$30 million for drilling in Q1 or early Q2 2026.
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