For thousands of other reports visit RSC's Mineral Intellingence Map
Novo Resources Corp.
Summary
| Project: | Blue Spec | |
|---|---|---|
| Deposit: | Blue Spec | |
| Location: | Australia | |
| Commodities: | Gold-Antimony | |
| Date: | 1/18/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 18-1-2017: Novo Resources Corp. announces an Exploration/Drilling Update report for its Blue Spec deposit at the Blue Spec project. Drilling results incl. 4m @ 41.7g/t Au, 0.12% Sb. Novo Resources Corp. (“Novo” or the “Company”) (TSX-V: NVO; OTCQX: NSRPF) | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Quinton Hennigh (Internal) | |
| ABSTRACT: | Novo Resources Corp. (“Novo” or the “Company”) (TSX-V: NVO; OTCQX: NSRPF) is pleased to announce new assay results from its 100% controlled Blue Spec gold-antimony project, Western Australia. All holes discussed in this news release were drilled using either a truck- or track-mounted reverse circulation drill and targeted areas around the Gold Spec high-grade shoot, areas between the Blue Spec and Gold Spec high-grade shoots and a wildcat target called Pros Spec located approximately 11 kilometers east of the Blue Spec mine. Stockwork quartz veins and elevated arsenic values accompany mineralization, a style resembling that in gold deposits at Golden Gate, an area encompassing several open pit mines operated by Millennium Minerals Ltd. located about 2 kilometers east of Pros Spec. “We are very pleased to see the Gold Spec high-grade shoot continue to expand,” commented Dr. Quinton Hennigh, President, CEO and a director of Novo Resources Corp. “The very high grade antimony present in hole 16BSDH038 appears to be similar to that found in the high-grade Blue Spec shoot and may be telling us a new system is coming together at depth. We look forward to drill testing this possibility in 2017.” Novo will continue to announce results from the Blue Spec drill campaign as they become available over the next few weeks | |
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