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Novo Resources: Mechanical Sorting Program Update
KEY POINTS Phase Two mechanical sorting trial completed using samples from Comet Well, Purdy’s Reward, and Egina using Novo’s wholly-owned Steinert KSS 100F LIX
About this update from Novo Resources Corp.
[{"type":"text","content":" KEY POINTS Phase Two mechanical sorting trial completed using samples from Comet Well, Purdy’s Reward, and Egina using Novo’s wholly-owned Steinert KSS 100F LIXT fine mechanical sorting unit (“Sorter”) Results from the Phase Two trial confirm that strong upgrade ratios can be achieved by running lower grade material through the Sorter in line with results from higher grade material Phase Three trial at Comet Well will be deferred to H1 2023 Novo to prioritize immediate attention to developing the Fresh mineral resource at the Beatons Creek Gold Project (“Beatons Creek”) and high-potential exploration programs VANCOUVER, British Columbia, June 24, 2022 (GLOBE NEWSWIRE) -- Novo Resources Corp. (“Novo” or the “Company”) (TSX: NVO, NVO.WT & NVO.WT.A) (OTCQX: NSRPF) provides an update on its mechanical sorting program. Phase Two Trial The Phase Two mechanical sorting trial has been completed, with samples from Comet Well, Purdy’s Reward, and Egina processed through the Sorter which was assembled adjacent to the Golden Eagle processing plant at the Nullagine Gold Project (“Nullagine”). The Phase Two trials represent a culmination of four years of test work conducted by Novo to determine the amenability of mechanical sorting across its 11,000 sq km of Pilbara tenure in Western Australia. The Phase Two trial involved thirty-three samples, primarily from the Comet Well and Purdy’s Reward tenements, which were processed though the Sorter. The Comet Well and Purdy’s Reward samples were taken from areas peripheral to the main mineralized zone representing lower-grade tenor material and contained approximately 145 tonnes of bulk sample material. Concentrates from each sample were collected in their entirety and the tails or ‘rejects’ stream was sub-sampled and sent for assay via Chrysos™ PhotonAssay. The Phase Two trial confirmed that the mass pull to concentrate averaged 1.05% for lower-grade tenor material, which aligns with previously collected results from higher-grade lab scale test work. Preliminary Phase Two results are outlined in Table 1 below. Phase Three Trial Following completion of the Phase Two trial, the Sorter was scheduled to be transported to Comet Well for the Phase Three trial, which is designed to process up to 20,000 tonnes of potentially mineralized material from the Comet Well and Purdy’s Reward projects. De...