For thousands of other reports visit RSC's Mineral Intellingence Map
Novo Resources Corp.
Summary
| Project: | Beatons Creek | |
|---|---|---|
| Deposit: | Beatons Creek | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 10/10/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Resource Estimation | |
| Project Stage: | Pursuing PEA | |
| Report details: | 10-10-2018: Novo Resources Corp. announces a Resource Estimation report for its Beatons Creek deposit at the Beatons Creek project. Updated mineral resource estimate at the project. VANCOUVER, British Columbia, Oct. 10, 2018 -- Novo Resources Corp. (“Novo | |
| Resources: | (Resource, M+I): 4.594Mt @ 2.3g/t Au for 345Koz Au contained | |
| CP/QP: | [Resources]: Leonel Lopez (Tetra Tech/Coffey Mining Ltd.) | |
| ABSTRACT: | VANCOUVER, British Columbia, Oct. 10, 2018 -- Novo Resources Corp. (“Novo” or the “Company”) (TSX-V: NVO; OTCQX: NSRPF) is pleased to provide an update of exploration activities at Comet Well, part of Novo’s greater Karratha gold project located in the Pilbara region of Western Australia. The Company anticipates receiving a suite of assay results from bulk samples collected from both the lower and upper goldbearing conglomerate units at Comet Well by the end of October 2018. Assay results and a discussion of their geologic significance will be presented at that time. Karratha Gold Project – Voluntary Filing of Technical Report The Company is also pleased to announce that it will voluntarily file a technical report prepared pursuant to National Instrument 43-101 – Standards of Disclosure for Mineral Projects (“NI 43-101”) for its Karratha gold project. The independent technical report, entitled “Novo Resources Corp. Technical Report on the Karratha Project, Australia” (the “Karratha Technical Report”), with an effective date of May 31, 2018 and an issue date of September 20, 2018, was prepared for Novo by Ian Glacken (FAusIMM(CP), FAIG, CEng) of Perth, WA, Australia. Mr. Glacken is a Qualified Person as defined under NI 43-101. The Karratha Technical Report will be available under the Company’s profile on the System for Electronic Document Analysis and Retrieval (“SEDAR”) website at www.sedar.com and on the Company’s website at www.novoresources.com. Beatons Creek Gold Project – Resource Update The Company is also pleased to announce an updated robust near-surface resource estimate (the “Beatons Creek 2018 Resource Estimate”) for its Beatons Creek gold project located in the Nullagine region of Western Australia. The Beatons Creek 2018 Resource Estimate is based on multiple campaigns of reverse circulation drilling and trench (“costean”) sampling conducted between 2015 and 2018. The effective date of the Beatons Creek 2018 Resource Estimate is January 1, 2018. A technical report in respect of the 2018 Resource Estimate will be filed under the Company’s SEDAR profile. | |
Full Report
opaxe is a smart software platform that reconfigures and redistributes information and produces business insights to help mining professionals and investors make better decisions. We utilise technology and machine learning for data collection and human intelligence for the value-added services.
Full Report