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New Targets at the Wyloo Gold - Silver - Antimony Project for Maiden Drill Program
HIGHLIGHTS Photo during reconnaissance at Wyloo SE, looking southwest from the mapped rhy...
About this update from Novo Resources Corp.
[{"type":"text","content":"New Targets at the Wyloo Gold – Silver – Antimony Project for Maiden Drill Program\nHIGHLIGHTS Highly encouraging exploration results have been received from the Wyloo Project, confirming multiple high priority targets.A strong multielement soil anomaly has been defined over Wyloo SE, where a polymetallic vein system has previously been defined by Novo, including peak soil values of 57.2 ppm Ag, 142 ppm Sb, 1,440 ppm As, 2,180 ppm Zn and 1,530 ppm Pb. The anomaly remains open undercover to the SW and NE.Follow-up exploration on the high-order Sb stream anomaly at Wyloo SW has defined a target area of 2.5 km x 800 m with peak stream sediment result of 19.9 ppm Sb and a multielement association of Sb-As-Cu-Pb-Zn.Both Wyloo SE and SW prospects lie within the core of the Wyloo anticline, in the SE flank of the Wyloo Dome, which forms a basement high within the Ashburton Basin. The Paulsons gold deposit lies in the NE part of the Wyloo Dome, approximately 40 km WNW of Wyloo.A heritage survey is scheduled for March to provide access for RC drilling planned to test the Wyloo SE area in Q2 2026.The maiden drill program at Wyloo SE, of approximately 1,500 m, is planned to test the high-grade polymetallic vein system, potential for stratabound mineralisation and a large fault zone immediately south of the main target area. Photo during reconnaissance at Wyloo SE, looking southwest from the mapped rhyolite dome. PERTH, Australia, Feb. 09, 2026 (GLOBE NEWSWIRE) -- Novo Resources Corp. (Novo or the Company) (ASX: NVO) (TSX: NVO) (OTCQB: NSRPF) is pleased to provide an update on the Wyloo Project, including recent exploration results and forward work program. This includes a heritage survey in March followed by a maiden RC program of some 1,500 m planned for Q2 2026 and designed to test the Wyloo SE polymetallic vein system. Commenting on the Company’s exploration results and planned RC drilling, Mike Spreadborough, Executive Co-Chairman and Acting Chief Executive Officer, said: “The results from Wyloo SE continue to impress, with recent soil sampling defining a strong, open-ended multielement anomaly over a known polymetallic vein system. These results enhance our confidence in the scale and prospectivity of the target, and we are very excited about the conducting the maiden drill program into this compelling targ...