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Novo Resources: High-Grade Gold Mineralized Zone Intersected at Malmsbury Project - Junior Mining Network
I like the outlook. This will for sure Novo cost a few $ more than the minimum earn in-expenditure 1.25 A$mn p.a.
"The work program moving forward will involve a larger second phase of drilling in 2022 – 2023 in addition to an IP survey to help define sulphide rich target zones and enhanced quartz veining within the granite (IRGS) target corridor, in addition to delineating disseminated sulphide haloes around various high-priority gold reef targets. Further expansion of systematic soil geochemistry, mapping and rock chip sampling is also scheduled."
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Ann: Impressive drill results at Twin Hills - 49m @ 5.18 g/t Au, page-17
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