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Novo Resources: Drilling Commences at High-Grade Gold Catia Prospect at Bellary Dome
HIGHLIGHTS The Bellary Dome Project is one of Novo’s priority areas across its significant 10,500 sq km landholding in the Pilbara region of Western Australia.
About this update from Novo Resources Corp.
[{"type":"text","content":" HIGHLIGHTS The Bellary Dome Project is one of Novo’s priority areas across its significant 10,500 sq km landholding in the Pilbara region of Western Australia. A 3,000 m reverse circulation drill program has commenced at the Catia Prospect, part of the Bellary Dome Project. Highly prospective gold mineralisation at Catia is structurally controlled and quartz vein related. High-grade gold results returned from rock chip sampling in 2021 include peak results of 556 ppm gold and 117 ppm gold. Step-out drilling will test the strike potential of the Catia Trend for 700 m along strike, under cover to the east of the Catia Prospect main target. Results referred to in this news release are not necessarily representative of mineralisation throughout the Bellary area. Mike Spreadborough, Novo’s Executive Co-Chairman and Acting Chief Executive Officer, said, “The Bellary Dome Project is one of Novo’s priority areas across its significant 10,500 sq km landholding in the Pilbara. We are excited to get on the ground and start testing these highly prospective targets, that were identified during our previous field work program. We anticipate the programme will take four weeks, with results released as they are received. This is the first of several drilling programs Novo plans for its current season of exploration.” Image 1 Reverse Circulation drilling at the Catia prospect at the Bellary Dome Project, March 2023 VANCOUVER, British Columbia, March 22, 2023 (GLOBE NEWSWIRE) -- Novo Resources Corp. (“Novo” or the “Company”) (TSX: NVO, NVO.WT & NVO.WT.A) (OTCQX: NSRPF) is pleased to announce the commencement of a reverse circulation (“RC”) drill program focussed on the orogenic gold Catia Prospect (“Catia”) and the gold in conglomerate Edney’s Find Prospect (“Edney’s Find”) at the Bellary Dome Project (“Bellary”), South Pilbara, Western Australia. Novo entered into an option agreement with Bellary Dome Pty Ltd in June 2020 to acquire the gold only rights on E47/3555. Bellary Dome Pty Ltd retains the rights to all other minerals and ownership of the tenement under the agreement1. Figure 1: Novo’s Pilbara tenure, showing the Bellary Dome Project in the South Pilbara Bellary is one of Novo’s priority target areas across its significant 10,500 sq km landholding in the Pilbara (Figure 1). Bellary is an area of structural uplift along the southern...