Bulk Trench Sample Yields 5.83 Grams Per Tonne Gold From Novo’s Beatons Creek Gold Project, Western Australia

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[{"type":"text","content":"Bulk Trench Sample Yields 5.83 Grams Per Tonne Gold From Novo’s Beatons Creek Gold Project, Western Australia(via Thenewswire.ca)\n\n \nVANCOUVER, BC / TheNewswire / August 5, 2015 - Novo Resources Corp. (TSX-V: NVO; OTCQX: NSRPF) (\"Novo\" or the \"Company\") is pleased to announce assay results from bulk samples taken from a test trench as well as 75 new costean sample sites. LeachWell analyses from 8 random 50kg samples of mineralized conglomerate (reef) taken from Bulk Sample Trench 2 range from 2.34-9.71 gpt Au and average 5.83 gpt Au (see Beatons Creek Trench LeachWell Gold Results table below). In addition, four costean samples, BCC15-213 thru -216, were taken from reef exposed in the walls of the trench with results ranging from 3.74-9.76 gpt Au and averaging 5.70 gpt Au, nearly matching the grade of the 8 random grab samples (see Beatons Creek Costean LeachWell Gold Results table below and photomosaics 1 and 2 attached to this news release). \n\n\n \nMost of the other 71 new costean samples (outside of the four from the bulk sample trench discussed above) come from the central portion of the oxide resource target area and were collected to infill critical gaps in the database (see attached Drilling and Costean map). Results include 1 m @ 14.34 gpt Au from costean BCC15-097, 0.8 m @ 11.02 gpt Au from costean BCC15-104, 1 m @ 19.50 gpt Au from costean BCC15-105, 0.9 m @ 11.59 gpt from costean BCC15-107, 0.5 m @ 11.75 gpt from costean BCC15-115, 0.6 m @ 12.86 gpt Au from costean BCC15-122, and 0.6 m @ 15.92 gpt from costean BCC 15-168. The average grade of all 75 costean samples announced in this news release is 4.39 gpt Au.\n\n\n \n\"Results from our bulk test trench samples are very encouraging,\" commented Dr. Quinton Hennigh, President and CEO of Novo Resources Corp. \"Not only is the average grade of the eight random bulk grab samples of reef an impressive 5.83 gpt Au, the four costean samples taken from the walls of the trench average 5.70 gpt Au. The similarity in these numbers suggests that our bulk sampling approach is generating reproducible results in this very nuggety gold system. Such data will form the basis for our upcoming NI43-101 compliant resource model expected to be completed over the next 4-6 weeks.\"\n\n\n \nCostean samples were taken using pneumatic hammers from thoroughly oxidized ...

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