Novo Resources Corp (TSX:NVO, OTCQX:NSRPF, ASX:NVO) executive co-chair and acting CEO Mike Spreadborough talked with Proactive’s Tylah Tully about the company’s recent sale of 38% of its holding in San Cristobal for $11.5 million. Spreadborough highlighted the liquidity this sale provides and its role in securing upcoming exploration plans for 2025. Spreadborough noted, “It's a really good chunk of cash,” further emphasising that the sale value exceeded its current book valuation. He also reassured stakeholders that the remaining 60% holding in San Cristobal continues to be a significant and strategic asset. He went on to discuss Northern Star Resources’ $5 billion acquisition of De Grey Mining. With Novo Resources holding a joint venture agreement with De Grey, Spreadborough viewed this development positively, underlining its implications for Novo’s tenements near the Hemi gold plant site. This interview offers insights into Novo Resources’ strategic initiatives and investment plans. #ProactiveInvestors #NovoResources #ASX #TSXNVO #OTCQXNSRPF #ASXNVO #MiningInvestment #GoldExploration #SanCristobal #DeGreyMining #NorthernStarResources #GoldMiningNews