On May 1, 2013, Novo Resources up-dated the "Investor Presentation" on their home web page.
I found the following "slides" of special interest:
Slide 21 showing the area that may become the first to be mined as an open pit (the "near surface target").
Slide 22 listing the revised schedule for 2013 which appears to me to be a slowing down of the exploration process.
Given the current over-sold state of gold exploration stocks (including NOVO), such a slow-down in planned activities may be a prudent way of husbanding NOVO's finances until investor/speculator interest returns, and NOVO's stock price recovers.
rek
