Novo Resources expands Wyloo silver targets - ICYMI

Novo Resources Corp ( TSX:NVO, OTCQX:NSRPF, ASX:NVO, FRA:1NOR) earlier this week confirmed that maiden reverse circulation drilling at its Wyloo Polymetallic Project in Western Australia’s Pilbara had identified a significant hydrothermal alteration system and returned high-grade silver and antimony mineralisation from surface. Executive co-chairman Mike Spreadborough said the results formed part of Novo Resources’ staged approach to greenfields exploration. He described exploration as being like an onion, with the company progressively “peeling away” geological layers through surface sampling, rock-chip analysis, geochemistry and drilling. General manager of exploration Rohan Williams said the initial drilling program had materially improved the company’s understanding of the wider hydrothermal system at Wyloo. Williams highlighted the Vera prospect, immediately east of the reverse circulation drilling area, where Novo Resources had identified high-grade antimony in rock-chip samples from a shear zone. He said the company’s soil-sampling grid remained open to the north and would be extended through further fieldwork. Additional antimony anomalism had also been identified approximately 1.5 kilometres west of the initial drilling area through rock-chip and soil sampling. Williams said Novo Resources would undertake infill soil sampling, mapping and other groundwork before finalising its next drilling program. The company’s objective was to identify targets that would p...