Novus Gold Corp. (CVE:NOV) updates on exploration activities on the La Yagua copper-gold property in the Dominican Republic.
Novus Gold Corp. (TSXV:NOV) updates on exploration activities on the La Yagua copper-gold property in the Dominican Republic.
The press release is quoted as saying:
The property adjoins the GlobeStar Mining Corporation (TSX: GMI) property hosting the Cerro de Maimon copper-gold-silver mine. Perilya Limited (ASX: PEM) has made an approximately C$184 million offer to acquire GlobeStar. The Company is currently formulating plans for an aggressive exploration program on the La Yagua property. Exploration work, carried out in 2010, has outlined five new high priority gold-copper targets on the property. The most significant target is defined by high gold values in stream sediment samples along the Osama River. This target is 6 kilometers long and is open for expansion.