Novo drills 8 metres of 4.6 g/t gold at Genie possibility, Australia

Novo Resources Corp.[NVO-TSXV; NSRPF-OTCQX] supplied an upgrade on current brownfield expedition drilling performed at the Genie possibility. The first RC drilling program of 31 holes (for an overall of 1,787 m) was finished at Genie in September2021 Substantial crossways went back to date consist of, however are not restricted to 8 metres of 4.6 g/t gold from 26 metres (21 NU0093); 10 metres of 3.0 g/t gold from 32 metres (21 NU0089); 3 metres of 8.9 g/t gold from 5 metres (21 NU0085); 13 metres of 2.0 g/t gold from 12 metres (21 NU0092); and 8 metres of 3.2 g/t gold from 37 metres (21 NU0094).

Genie is a near-mine oxide possibility that forms part of a more comprehensive 1.25- km long formerly untried lode-gold target situated within 3 km of the Golden Eagle Plant.

” Novo has an extraordinary expedition group efficient in rapidly determining and checking impactful targets around the Nullagine Gold Project,” commented Dr. Quinton Hennigh, Non-Executive Co-Chairman of Novo. “Quickly acknowledging the exceptional capacity and brand-new design of mineralization at Genie is a prime example of their strength. And Genie is simply among the very first targets on our list. A lot more targets are presently being checked, all of which might have near-term effect on providing resources for the operation. We are delighted with these early outcomes and excitedly wait for a big volume of expedition drill results to come. With access to Chrysos PhotonAssay, we anticipate to provide a constant stream of outcomes to the marketplace on a continuous basis.”

This first drilling program throughout the western sector at Genie has actually offered many extremely substantial outcomes and highlights the capacity for the possibility to supply important oxide feed to the neighboring Golden Eagle Plant. Gold mineralization happens throughout numerous, stacked, shallow to reasonably SW dipping zones and stays open in all instructions.

This program was created to check the tenor of gold mineralization where mapping and rock chip tasting highlighted exceptional capacity for near-surface mineable gold mineralization. Drilling was finished at 20 m to 40 m line spacing and 20 m hole spacing along the drill passes through.

Considering the extremely substantial arise from this program, more drilling is now a concern with follow up holes developed to extend and even more specify the degree of mineralization. This 2nd, more aggressive drill program is currently in development.

Novo runs its flagship Beatons Creek gold job while checking out and establishing its potential land plan covering roughly 13,250 km 2 in the Pilbara area of Western Australia.