- Novo Resources Corp. (NVO) provided an update on gold and nickel-copper targets at its Purdy’s North property in the West Pilbara region of Western Australia
- A 4,500-metre reverse circulation (RC) drilling program has begun, testing a series of prospective gold and nickel-copper targets on EL47/1745 and on the Maitland Intrusion (EL47/3443)
- The company also utilized Geophysical Induced Polarisation and Fixed Loop Electromagnetic surveys at several prospects to finesse high priority targeting
- Novo Resources Corp. (NVO) is up down 1.69 per cent trading at $0.58 per share at 10:45 am ET
Novo Resources (NVO) provided an update on gold and nickel-copper targets at its Purdy’s North property.
The property is located in the West Pilbara region of Western Australia.
A 4,500-metre reverse circulation (RC) drilling program has begun, testing a series of prospective gold and nickel-copper targets on EL47/1745 and on the Maitland Intrusion (EL47/3443).
The company also utilized Geophysical Induced Polarisation and Fixed Loop Electromagnetic surveys at several prospects to finesse high priority targeting.
Executive Co-Chairman, acting CEO and Director, Mike Spreadborough stated that this is a highly prospective region and there has been well-documented recent exploration success from the company’s neighbours, including Azure Minerals and Artemis Resources.
“These projects are an important part of our broader exploration strategy, and we look forward to seeing what our drilling program returns.”
Purdy’s North is adjacent to Azure Minerals Limited’s \ Andover VC-07 nickel-copper-cobalt massive sulphide discovery and Artemis Resources Limited’s Carlow Castle gold-copper-cobalt discovery. The noted that there is no certainty that neither EL47/1745 or EL47/3443 would contain the same levels of mineralization.
Novo Resources Corp. (NVO) is up down 1.69 per cent trading at $0.58 per share at 10:45 am ET.
