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Novo Resources Identifies Ni-Cu Targets at Southcourt, Andover Intrusion, Adjacent to Azure’s Andover VC-07 Ni-Cu-Co Discovery
HIGHLIGHTS Novo’s extensive greenfields exploration program has recently identified and advanced a series Ni-Cu-Co targets adjacent to Azure Minerals Limited’s
About this update from Novo Resources Corp.
[{"type":"text","content":" HIGHLIGHTS Novo’s extensive greenfields exploration program has recently identified and advanced a series Ni-Cu-Co targets adjacent to Azure Minerals Limited’s (“Azure”) (ASX: AZS) Andover VC-07 Ni-Cu-Co massive sulphide discovery (“Andover”) and Artemis Resources Limited’s (“Artemis”) (ASX: ARV) Carlow Castle Au-Cu-Co discovery (“Carlow Castle”) Novo’s 100%-owned exploration licence 47/1745 contains several airborne electromagnetic (“VTEM”) anomalies (previously defined in 2007 by Legend Mining Limited (“Legend”) (ASX: LEG)) which have not been drill tested, along with large high order soil geochemical anomalies (including Cu, Ni and Co) associated with the VTEM conductors, including the Southcourt and Milburn prospects Novo is now progressing ground electromagnetic (“EM”) geophysical surveys in the near-term to advance these discoveries This work is consistent with Novo’s accelerated exploration strategy targeted at growing the Company’s portfolio of gold and battery metals prospects in the Pilbara region of Western Australia VANCOUVER, British Columbia, Nov. 30, 2021 (GLOBE NEWSWIRE) -- Novo Resources Corp. (“Novo” or the “Company”) (TSX: NVO, NVO.WT & NVO.WT.A) (OTCQX: NSRPF) is pleased to advise that it has recently identified and advanced a series of Au-Cu and Ni-Cu-Co targets on EL47/1745, adjacent to Andover1 and Carlow Castle2 in the West Pilbara region of Western Australia, although there is no certainty that EL47/1745 contains the same levels of mineralization as either of these discoveries. The general area has benefited from a renewed exploration interest since Azure announced its drilling success on Andover in November 20201 with 3.9m @ 2.85% Ni and 0.47% Cu from 94.5m in their maiden drill hole ANDD001, subsequent to success by the Creasy Group, in 2018, who intersected 7m @ 2.62% Ni and 0.65% Cu in ADRC0023. Recent geochemical sampling by Novo over previously defined VTEM conductors on EL47/1745 (weak conductors within airborne electro-magnetic surveys by Legend4,5) has defined several large high-order Cu, Ni and Co anomalies relating to the VTEM targets. Results and technical information referred to in this news release from Azure, Legend, Artemis, Westfield Minerals Ltd (“Westfield”) and AMAX Exploration (“AMAX”) are not necessarily representative of mineralization throughout the district. This historical ...