Novo Resources Signs Aboriginal Heritage Protection Agreement to Expand East Pilbara Exploration
THE BOURSE WHISPERER: Novo Resources (ASX: NVO) has signed a Determination Wide Aboriginal Heritage Protection Agreement with the Nyamal Aboriginal Corporation covering 1,500 square kilometres of tenure in the East Pilbara of Western Australia.
Novo Resources declared the agreement paves the way for it to commence further exploration activities at the company’s priority Bamboo and Miralga projects.
The company explained the execution of the agreement streamlines interactions between Novo and the Nyamal People while confirming Novo’s commitment to open, honest and transparent dealings with the Traditional Owners of the Pilbara Region.
The agreement with NAC allows Novo to conduct non ground disturbing surface works including mapping and surface geochemistry, specifically targeting the Bamboo and Miralga projects.
Novo has already completed a heritage site avoidance survey to facilitate drill testing of the Bamboo gold trend, including orogenic and IRG targets.
The company has now commenced surface mapping and sampling at the Miralga project, following up on porphyry style and intrusion related targets generated from historical data and reconnaissance work in 2021.
“We are pleased to have reached an agreement with the Nyamal Aboriginal Corporation and thank them for their ongoing support of Novo and our exploration endeavours on their land,” Novo Resources executive co-chairman and acting CEO Mike Spreadborough said in the company’s ASX announcement.
“The terms of this agreement attest to the strong relationship Novo has with the Nyamal People.
“Novo looks forward to advancing its exploration in the region, as we continue key activities across the priority Bamboo and Miralga projects.”
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