Novo Resources Extends Nunyerry North High-Grade Gold Zone

THE DRILL SERGEANT: Novo Resources (ASX: NVO) has been busy of late across the company’s Egina Gold Camp and Balla Balla gold project in Western Australia.

Novo Resources received results from recent RC drilling undertaken at Nunyerry North that extended the high-grade Main Lode to 500 metres strike/plunge while intersecting high-grade gold along the Estrid Fault.

Intercepts from the 34 hole program include:

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13 metres at 2.68 grams per tonne gold from 66m, including 3m at 10.41g/t gold from 66m, and
11m at 2.2g/t gold from 84m, including 1m at 18.06g/t gold from 86m; and

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17m at 1.85g/t gold from 25m, including 7m at 3.55g/t gold from 25m.

Elsewhere within the project are, Novo’s Egina Joint Venture with De Grey Mining (ASX: DEG) has continued to carry out key exploration activities at the Becher project, entailing drilling at Heckmair, Lowe and Whillans, southwest of De Grey’s Hemi gold project.

“We continue our strong exploration program across key gold targets in the Pilbara,” Novo Resources executive co-chairman and acting CEO Mike Spreadborough said in the company’s ASX announcement.

“The drilling results at Nunyerry North are very promising and we look forward to assessing the complete program and establishing the next set of work activities.

“Our Egina Joint Venture partner, De Grey Mining, continues targeted exploration programs across key prospects at the Becher project.

“De Grey has completed approximately 36,000 metres of combined aircore and RC drilling at Becher to end July 2024 and plans to continue to drill across the Heckmair, Lowe and Whillans targets over the coming months.

“Our Egina JV tenements are considered highly prospective for significant intrusion-related gold deposits and shares similar attributes to the nearby 12.7 million ounce Hemi gold project.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE