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Promising Surface Exploration Informs Tibooburra RC Drilling Program
HIGHLIGHTS Recent exploration by Novo at the Clone prospect included detailed structu...
About this update from Novo Resources Corp.
[{"type":"text","content":"Promising Surface Exploration Informs Tibooburra RC Drilling Program \n\n\n\n\n HIGHLIGHTS\n \n\n\n\n Recent exploration by Novo at the\n \n Clone prospect\n \n included detailed structural, lithological and regolith mapping, pXRF and < 80# mesh soil sampling, and rock chip sampling.\n \n\n Novo rock chip sampling returned peak results of\n \n 89.6 g/t Au and 41.9 g/t Au\n \n from mullock dump samples associated with historical workings, and\n \n 31.4 g/t Au\n \n\n and 10.4 g/t Au\n \n from quartz vein outcrop over 700 m of strike, supporting previous high grade drill results.\n \n\n Soil sampling defined a ~ 600 m long and up to 250 m wide coherent anomaly > 30 ppb Au, with peak results of\n \n 1,585 ppb Au and 1,440 ppb Au\n \n .\n \n\n Mapping defined a west dipping thrust (\n \n Clone Thrust\n \n ) associated with high grade gold mineralisation and significant sericite-carbonate alteration.\n \n\n\n A ~2,000 m targeted RC drill program is planned to commence in April 2025 to test this high-grade gold mineralised trend.\n \n\n\n RC drilling at Clone completed by Manhattan Corporation Limited (ASX: MHC) in 2023, highlighted potential for shallow dipping high-grade gold mineralisation, with excellent drill results returned from 11 holes including\n \n 1\n \n :\n \n\n\n 7 m at 7.23 g/t Au from 81 m, including 3 m at 16.1 g/t Au (CL0007)\n \n\n\n\n 9 m at 6.03 g/t Au from 16 m (CL0010)\n \n\n\n\n 6 m at 4.22 g/t Au from 66 m, including 2 m at 11.65 g/t Au (CL0004)\n \n\n\n\n 31 m at 1.29 g/t Au from 60 m, including 3 m at 6.52 g/t Au (CL0002)\n \n\n\n\n\n The Manhattan RC program tested some 250 m strike of an interpreted trend > 700 m to a maximum depth below surface of 75 m.\n \n\n The Clone prospect is underexplored with mineralisation open in all directions and trending under cover to the south.\n \n\n The southern cover sediments extend for up to 15 km over the prospective target basement corridor and provide opportunities to explore for potential ‘blind discoveries’.\n \n\n\n Mike Spreadborough, Executive Co-Chairman and Acting Chief Executive Officer, said:\n \n “We look forward to commencing our RC drill program at the Clone prospect, which forms part of our Tibooburra Gold Project, located in northwestern NSW.\n \n\n\n\n “Tibooburra is a standout exploration opportunity due to previou...