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Novo Resources: Nunyerry North High-Grade Gold Zone Extended and Egina Gold Camp Exploration Targets Advanced
HIGHLIGHTS Recent RC drilling at Nunyerry North has extended the high-grade Main Lode to 500 m strike/plunge and intersected high-grade gold along the Estrid Fa
About this update from Novo Resources Corp.
[{"type":"text","content":" HIGHLIGHTS Recent RC drilling at Nunyerry North has extended the high-grade Main Lode to 500 m strike/plunge and intersected high-grade gold along the Estrid Fault. Standout intercepts from the 34 hole, 3,942m program include: 13 m at 2.68 g/t Au from 66 m, including 3 m at 10.41 g/t Au from 66 m (NC046) 11 m at 2.20 g/t Au from 84 m, including 1 m at 18.06 g/t Au from 86 m (NC046) 17 m at 1.85 g/t Au from 25 m, including 7 m at 3.55 g/t Au from 25 m (NC063) 9 m at 2.52 g/t Au from 87 m, including 2 m at 8.89 g/t Au from 92 m (NC061) 2 m at 7.38 g/t Au from 42 m (NC051) At the Egina Joint Venture, De Grey Mining (ASX: DEG) continues key exploration activities at the Becher Project, with drilling at Heckmair, Lowe and Whillans, southwest of De Grey’s 12.71 Moz Hemi Gold Project. Further southwest, exploration work being conducted by Novo has commenced on multiple high priority targets along the ~ 60 km long fertile Tabba Tabba Shear Corridor. Novo has executed a Determination Wide Aboriginal Heritage Protection Agreement with Kariyarra Aboriginal Corporation covering approximately 1,700 sq km of Novo’s tenure in the Egina Gold Camp. This includes tenements under the Egina farm-in and Joint Venture with De Grey and enables access to crucial land to undertake exploration activities. The Agreement with the Kariyarra Aboriginal Corporation will also facilitate the grant of tenement E47/4703, at the Balla Balla Gold Project, where Novo intends to complete aircore drilling on priority orogenic and intrusion-related gold targets near the regional Sholl Shear Zone. Q4 2024 exploration activities will be focused on drilling at Balla Balla, and field-based activities at Miralga in the East Pilbara2. Commenting on the latest exploration programs across the company’s gold project portfolio in the Pilbara, Novo Executive Co-Chairman and Acting CEO Mike Spreadborough said, “We continue our strong exploration program across key gold targets in the Pilbara. The drilling results at Nunyerry North are very promising and we look forward to assessing the complete program and establishing the next set of work activities.” “Our Egina Joint Venture partner, De Grey Mining, continues targeted exploration programs across key prospects at the Becher Project. De Grey has completed approximately 36,000 m of combined aircore and RC drilling at Becher to end...