The 18-year-old joined The Magpies on an initial month-long deal in September and he has impressed since arriving at Meadow Lane.
Despite a defensive crisis at The Reebok Stadium, Trotters chief Sam Allardyce has allowed the youngster to accrue first team experience with the Midlands outfit.
Livesey, who has made nine appearances for the struggling Division Two side, will spend at least another four weeks with County and will hope to help them climb away from the drop zone.
