Novo Resources advances Tibooburra gold exploration - ICYMI

Novo Resources Corp (TSX:NVO, OTCQX:NSRPF, ASX:NVO, FRA:1NOR) earlier this week outlined plans for a 2,700-metre reverse circulation drilling program at the Tibooburra Gold Project in New South Wales, targeting extensions to high-grade mineralisation at Clone and a previously undrilled quartz-reef trend at Pioneer South. Executive chairman Mike Spreadborough said the campaign would build on encouraging results from the company’s previous drilling at Clone. He highlighted intersections including 12 metres at 5.9 grams per tonne gold and four metres at 13.7 grams per tonne gold. Spreadborough said the program was intended not only to expand Clone but also to improve the company’s understanding of the broader 22-kilometre mineralised system. General manager of exploration Rohan Williams said the northern extension of Clone represented a compelling target because the mineralised system appeared to plunge shallowly north beneath a creek. Williams said the company aimed to “replicate these high-grade intercepts that we received last year and track it down plunge.” He also referred to an intersection of 17 metres at 2.4 grams per tonne gold and said the mineralisation could potentially support open-pit extraction as well as further underground exploration. At Pioneer South, the company is preparing to test a target that has not previously been drilled. Williams said narrow mineralisation had been identified at surface alongside high-grade rock-chip results, with the company hoping that drilling would interse...