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 [...]
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 [...]
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 [...]
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 [...]
Novo Resources Corp. wishes to advise that operations have resumed at its Golden Eagle processing facility . As announced on November 1, 2021, the Golden Eagle Mill underwent opportunistic maintenance for approximately seven days while the Company repaired its main crushing unit after encountering additional wear during routine scheduled [...]
HIGHLIGHTS Novo has identified multiple discrete untested aeromagnetic anomalies with magnetic characteristics comparable to the "Hemi-style" gold-bearing sanukitoid intrusions being developed by De Grey Mining Ltd. . Novo's extensive Pilbara land package includes 216 km2 of highly prospective yet under-explored Mallina Basin geology across a [...]
Novo Resources Corp. wishes to advise that a routine crusher maintenance shut at its Nullagine gold project's Golden Eagle processing facility has discovered greater wear than anticipated on its pitman/swing stock bearing housing which will require additional maintenance in Perth, Western Australia. As a result of this unanticipated crusher shut [...]
HIGHLIGHTS Preliminary results include 8 m @ 4.6 g/t Au from 26 m, 10 m @ 3.0 g/t Au from 32 m, 3 m @ 8.9 g/t Au from 5 m, 13 m @ 2.0 g/t Au from 12 m, and 8m @ 3.2 g/t from 37m Genie is part of a wider, untested +1.25 km long prospective gold zone within 3 km of the Company's Golden Eagle processing plant Mineralization remains open in all [...]
KEY POINTS No lost time injuries at the Beatons Creek conglomerate gold project through Q3 2021 Minimal COVID-19 pandemic-related operational disruptions Gold production of 18,144 oz Au in Q3 2021 Mining and milling targeted rates achieved Head grades have been lower than forecast due to previous reliance on wide-spaced grade control drilling which [...]
HIGHLIGHTS Reverse Circulation drilling program intersects high-grade mineralization at Novo's Talga Talga Gold Project in the Pilbara region of Western Australia Results include 3 m at 25.5 g/t Au from 28 m, and 3 m at 23.3 g/t Au from 11 m at the NW Australian prospect These are significant drilling results from Novo's expanded orogenic and [...]
HIGHLIGHTS Novo's board of directors has approved an additional A$2.5M exploration budget to accelerate drilling of high-priority near-mine targets in the Mosquito Creek Basin which hosts the Nullagine gold project and the Golden Eagle processing facility. A program of over 25,000 metres of reverse circulation drilling is in progress across several [...]