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Novo Updates Activity at its Beatons Creek and Blue Spec Gold Projects, Western Australia
(via TheNewswire) VANCOUVER , BC / TheNewswire / March 7, 2017 - Novo Resources C...
About this update from Novo Resources Corp.
[{"type":"text","content":"Novo Updates Activity at its Beatons Creek and Blue Spec Gold Projects, Western Australia(via TheNewswire)\n \n \nVANCOUVER, BC / TheNewswire / March 7, 2017 - Novo Resources Corp. (\"Novo\" or the \"Company\") (TSX-V: NVO; OTCQX: NSRPF) is pleased to provide an update on activities at its 100% controlled Beatons Creek and Blue Spec gold projects, Western Australia. \n\n \n \nBeatons Creek\n\n \n \nIn the Company's news release issued February 1, 2017, Novo discussed favorable cyanidation results from six tests performed on a sample of tailings from its recently processed bulk sample. Bulk sample material was treated through the Company's IGR3000 gravity test plant late last year. Cyanidation was found to be exceptionally effective at recovering gold from this sample. Recoveries exceeded 97% within just 12 hours of leaching, even at a coarse grind size of 212 microns (0.212 mm). Lime consumption was low, ranging from 0.87 to 1.51 kg/tonne, and NaCN consumption was very low, ranging from 0.15 to 0.40 kg/tonne.\n\n \n \nBackground about Beatons Creek \n\n \n \nIn late 2014, Novo set about drilling and trench sampling mineralized conglomerates at Beatons Creek with the intention of establishing a robust near-surface resource. In the Company's news release issued September 16, 2015, Novo announced a global near-surface resource of 299,000 oz Au at 2.7 gpt in the measured and indicated categories and 259,000 oz Au at 2.7 gpt in the inferred category. The resource estimate for Novo's Beatons Creek Gold Project disclosed in its September 16, 2015 news release was supported by a technical report entitled NI 43-101 Technical Resource Report, Beatons Creek Gold Project, Pilbara Region, Australia prepared by Arnand van Heerden (PGeo, SACNASP, MAusIMM) of Tetra Tech (the \"Technical Report\"). The Technical Report was filed under Novo's profile on SEDAR (www.sedar.com) on October 13, 2015 and is also available on Novo's website (www.novoresources.com).\n\n \n \nSince late 2015, Novo has focused on moving Beatons Creek through economic study with a vision of establishing a case for a modest sized, oxide-only mine using gravity-only treatment. Novo's bulk sampling exercise conducted late last year was a critical step in evaluating many aspects of mining and processing needed to complete this study, and work on this study is effectively comple...