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Novo Resources: Significant Results From Historical Drill Hole Infill Assay Program at Belltopper
HIGHLIGHTS Detailed re-logging and additional sampling from 11 historical diamond holes in priority target areas at the Belltopper Gold Project (‘Belltopper’),
About this update from Novo Resources Corp.
[{"type":"text","content":" HIGHLIGHTS Detailed re-logging and additional sampling from 11 historical diamond holes in priority target areas at the Belltopper Gold Project (‘Belltopper’), has delivered multiple new significant gold intercepts across a range of known and emerging targets. Significant new intercepts from the recent additional (infill) sampling include: 6.0 m @ 4.37 g/t Au from 169 m (including 5.0 m @ 5.18 g/t Au from 169 m) in DDHMA1 on the Never Despair Reef. 2.0 m @ 7.19 g/t Au from 52 m (including 1.15 m @ 12.01 g/t Au from 52 m) and 2.0 m @ 3.87 g/t Au from 43 m (including 1.0 m @ 6.92 g/t Au from 43 m) in MD04 on the emerging Butchers Gully Fault target, a layer parallel structure to the high-grade Leven Star Reef. 3.1 m @ 3.29 g/t Au from 36 m (including 1.3 m @ 7.26 g/t Au from 37.3 m) in MD06A, also on the Butchers Gully Fault. 2.1 m @ 3.82 g/t Au from 78.9 m (including 0.6 m @ 9.74 g/t Au from 79.3 m) in MD07 on NW Fault 9, an important, west-dipping, sub-parallel trending structure to the high-priority Missing Link Reef target. 13 m @ 0.64 g/t Au from 90 m (including 1 m @ 1.92 g/t Au from 94 m) in DDHMA2 on the West Panama Reef. These results validate prospective gold intervals identified during the re-logging exercise, including current modelled high-grade gold +/- antimony reefs that were intersected, but not originally sampled in historic programs. NW Fault 9 and NW Fault 4, identified from previous modelling, belong to an important set of gold-bearing, west-dipping structures that form a component of the anticline-related (e.g. Fosterville-style), epizonal targets at Belltopper. The re-logging program has confirmed controls on higher-grade mineralisation and refined the position of several target reefs and key structural features such as modelled high-grade shoots and high priority target anticline corridors. Current focus is on delivering an exploration target for the network of high-grade historic and newly discovered gold reefs at Belltopper and growing the pipeline of conceptual high-value shallow and deeper targets. Novo Executive Co-Chairman and Acting CEO Mike Spreadborough said, “Belltopper in Victoria is an exciting high-grade gold project, located in a proven gold jurisdiction. The excellent work completed by our geological team, which has uncovered multiple significant intercepts including grades of up to 12.01 g/...