With the acquisition and refurbishment of the Golden Eagle processing facility in 2020, we were able to bring the
As we safely transitioned to operations, we also refreshed the Board with a primary focus to diversify our corporate, operations, development and ESG experience. We were very pleased to add
The Board has refreshed the Company's corporate purpose to ' embracing innovation to responsibly transform minerals for the benefit of our stakeholders ' , which means we will advance our growth strategy around the following key areas: Embracing innovation - rapid adoption of innovative solutions to maximize opportunities or increase effectiveness and efficiency e.g., Chrysos PhotonAssaying, and our mechanical sorting program
Transforming minerals - monetizing our mineral inventory through exploration, development, production, or commercial arrangements either wholly or in partnership with others
Benefiting our stakeholders - the benefits we provide enable our stakeholders, including shareholders, financiers, employees, traditional owners, communities and suppliers, to succeed economically, socially, and sustainably
At Novo we believe that ongoing operations and exploration must benefit all stakeholders and be achieved without adverse long-term impacts to our people, communities and environment. During 2022, we plan to strengthen our ESG systems and focus on: Continued focus on safety, with ongoing development of critical controls to manage operational risks
Adopting the
Releasing our inaugural Sustainability Report
Progressing studies on the transition away from diesel-fuelled power generation
Progressing rehabilitation of operations and exploration areas as well as legacy mining areas
Continuing our focus on providing employment and business opportunities for traditional owners
Engaging with the communities in which we work to ensure they benefit from our work
Forward-looking information
Some statements in this letter contain forward-looking information (within the meaning of Canadian securities legislation) including, without limitation, that during 2022 Novo plans to strengthen its ESG systems as outlined in the letter, Novo's planned exploration, mechanical sorting, project development and operations activities, that Novo's cash position totalling
Contact:
Tel: (416) 543-3120
Email: leo@novoresources.com
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