HIGHLIGHTS Grid soil sampling at the Nunyerry North prospect, located south-west of the Company's Egina District, has defined a coherent high-order gold anomaly over a strike of 640 m and open to the west Ten soil samples returned > 1 g/t Au including 2.3 g/t Au, 2.13 g/t Au, 1.84 g/t Au and 1.59 g/t Au Rock chip sampling returned peak high-grade results from quartz veins including 30.3 g/t Au, 21.1 g/t Au and 19 g/t Au [...]
Novo Resources Corp. is pleased to announce that Novo's exploration team will provide a comprehensive update on exploration activities in Western Australia and Victoria at the following upcoming webinar: Focus Communications & Cory Fleck Wednesday, February 2 @ 1:00pm PST / 4:00pm EST To register and attend the webinar, please use the following link:https://event.webinarjam.com/channel/NovoResources Participants are [...]
HIGHLIGHTS Very large portfolio of Western Australian tenements highly prospective for conglomerate and orogenic/intrusion-related gold deposits, base-metals and battery-metals Accelerating near-mine exploration programs at Nullagine Gold Project , with a 20,000 m reverse circulation drill program underway and completion expected in H1 2022 Successful programs and significant results from initial RC drill programs at [...]
HIGHLIGHTS First phase of a 15,000 metre reverse circulation drilling program across shallow oxide mineralization on granted mining leases at the Parnell-Vulture Trend was completed prior to the 2021 holiday period, with 83 holes drilled for a total of 5,200 metres PhotonAssay gold results from Parnell have been received, with significant assays including: 7 m at 7.75 g/t gold from 31 m in 21NU0198, 4 m at 10.19 g/t gold [...]
KEY POINTS During the fourth quarter of 2021 , one lost-time injury was recorded Lower than forecast gold production of 12,833 oz Au in Q4 20210F1 due to a change in the December mining schedule and reduction in recovery due to technical issues with the carbon regeneration kiln, delivering production of 49,364 oz Au for the year ended December 31, 2021 from the Company's Beatons Creek conglomerate gold project Strong [...]
Dear Shareholders, 2021 was a transformative year for Novo Resources as we moved from being an explorer to an explorer and producer. With the acquisition and refurbishment of the Golden Eagle processing facility in 2020, we were able to bring the Beatons Creek conglomerate gold project into production in early 2021. As we safely transitioned to operations, we also refreshed the Board with a primary focus to diversify our [...]
HIGHLIGHTS Steinert KSS 100F LIXT fine mechanical sorting unit constructed and commissioned at the Company's Nullagine gold project in Western Australia Comet Well and Purdy's Reward samples have been processed with results pending Concentrates undergoing assessment by Novo geologists ahead of assay to determine gold content VANCOUVER, British Columbia, Dec. 21, 2021 -- Novo Resources Corp. is pleased to advise that Phase [...]
HIGHLIGHTS Commencement of >2,000 m diamond drilling program, testing multiple high-order gold targets at the 50%-owned Malmsbury Gold Project , 50 km SSW of the high-grade Fosterville gold mine in Victoria, Australia Drill targets defined through systematic exploration in 2021 including mapping with alteration vectoring, grid soil and rock chip sampling, historic drill core review/re-sampling and historic data [...]
HIGHLIGHTS Implementation of revised mining approach1 at Beatons Creek Oxide resource has delivered, as expected, higher processing grades in November 2021 of 1.58 g/t Au over 117 kt processed, for total monthly production of 5,498 ounces Completion of Beatons Creek Gold Project mining review outlines optimized five-year plan through to 2026 A three-phase approach for the plan has been adopted for development and mining [...]
HIGHLIGHTS Novo's extensive greenfields exploration program has recently identified and advanced a series Ni-Cu-Co targets adjacent to Azure Minerals Ltd.'s Andover VC-07 Ni-Cu-Co massive sulphide discovery and Artemis Resources Ltd.'s Carlow Castle Au-Cu-Co discovery Novo's 100%-owned exploration licence 47/1745 contains several airborne electromagnetic anomalies ) which have not been drill tested, along with large high [...]
HIGHLIGHTS Novo continues its brownfields exploration programs focussing on oxide opportunities at its highly prospective Nullagine gold project , with a 15,000 m reverse circulation drilling program commenced at the Parnell-Vulture trend during the first week of November 2021. Parnell is located some 45 kms from the Golden Eagle processing facility and is accessed by a robust, reliable haul road and associated [...]
HIGHLIGHTS Steinert KSS 100F LIXT fine mechanical sorting unit enroute to Nullagine Phase 2 trials scheduled to commence once Sorter commissioned Trials to continue through Q2 2022, at which time the Sorter is scheduled to be relocated to the Company's Karratha project to continue detailed testwork at Comet Well and Purdy's Reward, potentially leading to commercialization of mechanical sorting of Novo's Pilbara gold [...]