The 12 closest competitors and alternatives to NOVO RESOURCES CORP. among materials companies — ranked by similarity to what NOVO RESOURCES CORP. actually does, not by market-cap band.
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Operating with its subsidiaries, Novo Resources Corp. is involved in the assessment, acquisition, exploration, and development of natural resource sites across Australia. The company primarily directs its exploration activities towards discovering gold and copper deposits. Among its key assets is the flagship Becher Project, which is situated in Western Australia. Founded in 2009, the corporation initially bore the name Galliard Resources Corp., changing to Novo Resources Corp. in June 2011. Its corporate headquarters are based in West Perth, Australia.
NOVO RESOURCES CORP. is a materials company headquartered in West Perth, Australia. Its most recent funding round raised $1.3M in May 2021. Xcout tracks 14 named people at NOVO RESOURCES CORP., including Elin Jager (SVP, Chief of Staff to CEO, Corporate Strategy & Sustainability and Member of Management Board).
8 more named people on record for NOVO RESOURCES CORP., with roles, board committees and tenure — see the full roster →
The 6 most recent:
| Date | Round | Amount | Investors |
|---|---|---|---|
| SEC Form D filing | $1.3M | — | |
| SEC Form D filing | $5.5M | — | |
| Growth | $42.5M | — | |
| SEC Form D filing | $3.2M | — | |
| SEC Form D filing | $1.2M | — | |
| SEC Form D filing | $499,123 | — |
Who invested in each round, lead investors, valuations and the co-investor graph — open the full funding history →
Ranked by semantic similarity — how close each company is to NOVO RESOURCES CORP. by what it does, using Xcout's live company graph. Click any company for its full profile, or its competitor set.
Similar materials company
New Frontier Minerals Limited is an entity primarily engaged in the prospecting and assessment of mineral resources, with its main activities concentrated in Australia and Zambia. The firm's exploration endeavors target a diverse array of deposits, encompassing base metals such as copper, lead, and zinc, precious metals like gold and silver, alongside critical elements including cobalt, niobium, uranium, and various rare earth elements. Originally founded in 2009, this enterprise operated as Castillo Copper Limited until its renaming to New Frontier Minerals Limited in December 2024. Its principal office is situated in Subiaco, Australia.
Similar materials company
Headquartered in West Perth, Australia, Norwest Minerals Limited is an Australian mineral exploration company founded in 2017. Its core business involves prospecting for valuable resources across Australia, specifically targeting gold, copper, nickel, rare earth elements, and lithium deposits. The company's diverse asset portfolio includes a wholly-owned 39 square kilometer Bulgera gold project, situated within Western Australia's Plutonic Well Greenstone Belt; the Marriott project, comprising a single mining lease spanning approximately 400 square meters southeast of Leinster; and the 100% owned Bali copper project, covering 41 square kilometers west of Paraburdoo in Western Australia, which features four distinct prospects identified along an 8-kilometer northwest-trending shear zone. Additionally, Norwest Minerals holds an 83% ownership in the 840 square kilometer Arunta West gold and copper project, also located in Western Australia, and an 84% interest in the Marymia East project, made up of two granted exploration tenements totaling about 230 square kilometers, positioned east of the Plutonic Gold Mine.
Similar materials company
NICO Resources Limited is an Australian firm dedicated to the exploration, development, and extraction of mineral resources across the country. The company possesses full ownership of both the Wingellina Nickel-Cobalt project and the Claude Hills project, which are located in Western Australia. Founded in 2021, NICO Resources Limited's main office is situated in Perth, Australia.
Similar materials company
Xenora Minerals Limited is an enterprise dedicated to the discovery and assessment of mineral deposits throughout Australia and Canada. The company's exploration activities encompass a wide array of valuable commodities, including gold, uranium, lithium, copper, zinc, lead, and nickel, along with other base and precious metals. Originally incorporated in 2014 under the name Trinex Minerals Limited, the firm officially adopted its current identity, Xenora Minerals Limited, in September 2025. Its headquarters are situated in Subiaco, Australia.
Similar materials company
Cavalier Resources Limited is an Australian entity dedicated to identifying, acquiring, and exploring mineral projects, predominantly targeting gold and nickel deposits. The company possesses stakes in several significant ventures located in Western Australia. These include the Leonora gold project, which encompasses the Crawford and Gambier Lass North prospects, covering ten exploration licenses, one prospecting license, one miscellaneous license, and a mining lease. Further assets include the Hidden Jewel gold project and the Ella's Rock Nickel-Gold project, comprising three exploration licenses. Established in 2019, its primary operational base is situated in Perth, Australia.
Similar materials company
Regener8 Resources NL is a mineral exploration firm primarily focused on projects in Western Australia. The company possesses rights to the Kookynie Gold Project, located in Western Australia's Kookynie region, which comprises a total of seven licenses (one exploration license and six prospecting licenses). Founded in 2021, its corporate headquarters are situated in North Perth, Australia.
Similar materials company
Kairos Minerals Limited is an Australian enterprise, operating with its subsidiaries, that specializes in the exploration and development of mineral resources. The company's primary focus involves prospecting for valuable deposits of gold, copper, cobalt, nickel, and lithium. A key asset in its portfolio is the Pilbara Gold Project, which notably features the Mt York deposit and is strategically located southeast of Port Hedland within Western Australia's resource-rich Pilbara region. Founded in 1983, the firm underwent a name change in April 2016, transitioning from its former identity as Mining Projects Group Limited to Kairos Minerals Limited. Its corporate headquarters are situated in West Perth, Australia.
Similar materials company
Narryer Metals Limited, an Australian mineral exploration firm established in 2021, has its headquarters in West Perth. The company is dedicated to identifying and developing deposits of valuable minerals, specifically targeting nickel, copper, platinum group elements (PGEs), rare earth elements (REEs), and gold across Australia. Its significant portfolio includes the Narryer projects, which span approximately 1,900 square kilometers in Western Australia's Mt Nairn and Mt Gould regions. Additionally, it oversees the Gawler Craton projects in South Australia, comprising four exploration tenements that collectively cover an area of roughly 2,000 square kilometers near Ceduna and Sturt.
Similar materials company
Western Gold Resources Limited, an Australian company headquartered in West Perth and founded in 2009, specializes in discovering and mining mineral deposits. The firm's key asset is its stake in the Wiluna West Gold Project, located in Wiluna, Western Australia, which comprises seven approved mining licenses extending over 85.8 square kilometers.
Similar materials company
Operating primarily in Western Australia, Pantoro Limited and its subsidiaries are actively engaged in the exploration, mining, and processing of gold. The company's prospecting efforts extend to both gold and silver deposits. Its flagship asset is the Nicolsons Project, prominently situated in Western Australia's Kimberley Region. Incorporated in 1986, the firm, headquartered in West Perth, Australia, was formerly known as Pacific Niugini Limited before adopting its current name, Pantoro Limited, in December 2015.
Similar materials company
Meteoric Resources NL is an exploration firm actively identifying mineral deposits across Brazil, Canada, Western Australia, and the Northern Territory. Their search targets valuable commodities such as gold, copper, cobalt, diamonds, and silver. The company's diverse portfolio includes the Palm Springs gold project in Western Australia, covering approximately 12,500 hectares, as well as Brazil's Juruena project and the 15-square-kilometer Novo Astro gold project. Additionally, Meteoric holds the Warrego North IOCG project in the Northern Territory and has interests in the Mulligan, Mulligan East, Beauchamp, and Iron Mask projects situated in Ontario, Canada. Established in 2004, the company's operations are headquartered in West Perth, Australia.
Similar materials company
MinRex Resources Limited, an Australian company founded in 2011 and based in Perth, is dedicated to discovering and developing mineral deposits. The firm primarily concentrates its efforts on gold, silver, copper, and various other base metals across its exploration projects situated in New South Wales and Western Australia. In Western Australia's East Pilbara region, MinRex holds substantial interests, including a 70% stake in the Marble Bar North, Marble Bar South, Daltons, and Bamboo Creek gold projects. Furthermore, the company entirely owns the Deflector Extended Gold project, located near Gullewa. Its New South Wales portfolio comprises seven exploration licenses covering a total area of 514 square kilometers within the Lachlan Fold Belt, encompassing the Mt Pleasant, Sofala, and Sunny Corner projects. MinRex also possesses exploration rights for lithium and tantalum deposits and holds farm-in agreements providing an 80% interest in the EL7974 and EL7423 projects, along with a 90% interest in the EL 5964 exploration area. The company adopted its current name, MinRex Resources Limited, in January 2016, having previously been known as MinRex Resources NL.
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