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Novo Resources Announces BLEG Results and Commencement of Work Program at Beatons Creek
(via Thenewswire.ca) VANCOUVER, BC / TNW-ACCESSWIRE / August 28, 2014 / Novo...
About this update from Novo Resources Corp.
[{"type":"text","content":"Novo Resources Announces BLEG Results and Commencement of Work Program at Beatons Creek(via Thenewswire.ca)\n\n \nVANCOUVER, BC / TNW-ACCESSWIRE / August 28, 2014 / Novo Resources Corp. (CSE: NVO; OTCQX: NSRPF) (\"Novo\" or the \"Company\") is pleased to announce it has received results from 1,103 bulk leach extractable gold (\"BLEG\") samples covering its tenements in the eastern Pilbara, Western Australia. As discussed in Novo's news release dated March 19, 2014, the BLEG technique is a type of stream sediment sampling with high sensitivity that allows for rapid screening of large tracts of land for the presence of outcropping gold mineralization. This program was undertaken with assistance from Newmont Exploration Pty Ltd, a subsidiary of Newmont Mining Corporation, and samples were processed at Newmont's BLEG laboratory in Welshpool, Western Australia. Gold and a broad suite of other elements were analyzed.\n\n\n \nTen anomalous areas displaying gold and multi-element characteristics thought to be strictly associated with conglomerates have been identified. Of these, seven are situated on tenements comprising the Company's Beatons Creek (Nullagine) and Marble Bar projects. Two anomalies are located in the Bamboo Creek-Yarrie region approximately 110 km north of the town of Nullagine and the remaining anomaly is situated at Elsie Creek, approximately 65 km east-northeast of Nullagine.\n\n\n \nAnother seven anomalies display characteristics that suggest they may originate from conglomerates but could alternatively be associated with other types of source rocks. Of these, five are situated in the Nullagine and Marble Bar areas. One anomaly is located near Salvation Well and another at Sunday Hill, approximately 70 km northeast and 50 km east-southeast of Nullagine, respectively.\n\n\n \nConglomerate or potentially conglomerate-related anomalies that are particularly noteworthy include four new areas proximal to the Beatons Creek project where the Company has, to date, focused most of its advanced exploration. These new anomalies expand the footprint of gold anomalism to the west and indicate that follow-up prospecting should be undertaken to identify potential conglomerates horizons shedding gold into these streams. Also of note, newly highlighted anomalies at Marble Bar include North Virgin Creek and Glen Herring in the southe...