Exploration Status Update
Egina Gold Camp Continues to Deliver
HIGHLIGHTS
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Image 1 and 2: Diamond drilling photos from the Belltopper program in Victoria
VANCOUVER, British Columbia, Dec. 21, 2023 (GLOBE NEWSWIRE) -- Novo Resources Corp. (Novo or the Company) (ASX: NVO) (TSX: NVO & NVO.WT.A) (OTCQX: NSRPF) is pleased to provide an update on current exploration programs and proposed 2024 drilling programs across its Western Australian and Victorian gold portfolio.
In Q4 2023, successful exploration work continued at the Egina Gold Camp in the Pilbara, Western Australia, with aircore (AC) and reverse circulation (RC) drilling programs completed at the Becher project and significant results received from shallow RC drilling in the maiden drill program at Nunyerry North (Figure 1).
At the Belltopper Gold Project in Victoria (Belltopper), diamond drilling continues on the planned six-hole program.
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Figure 1: Novo Pilbara tenure showing main projects and significant prospects.
EGINA GOLD CAMP
The Egina Gold Camp is Novo’s highly prospective gold belt in the Pilbara and includes the priority Becher and Nunyerry projects (Figure 1). This belt comprises a series of structurally complex, gold-fertile corridors, hosted by rocks of the Mallina Basin in the north and mafic / ultramafic sequences further south. These corridors trend towards De Grey Mining Limited’s 12.7 Moz Au (JORC 2012) Hemi Gold Project1 to the north and northeast.