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    gold investing

    Novo Encounters Fine Gold in Trenching at Purdy’s Reward

    Priscila Barrera
    Nov. 02, 2017 08:54AM PST
    Precious Metals

    Novo Resources Corp. (“Novo” or the “Company”) (TSX-V:NVO) (OTCQX:NSRPF) is pleased to provide an update on exploration activities at the Purdy’s Reward tenement, a farm-in and joint venture Novo has with ASX-listed Artemis Resources Limited and part of Novo’s greater Karratha gold project, Western Australia. As quoted in the press release: “We are pleased to …

    Novo Resources Corp. (“Novo” or the “Company”) (TSX-V:NVO) (OTCQX:NSRPF) is pleased to provide an update on exploration activities at the Purdy’s Reward tenement, a farm-in and joint venture Novo has with ASX-listed Artemis Resources Limited and part of Novo’s greater Karratha gold project, Western Australia.
    As quoted in the press release:

    “We are pleased to see this level of fine gold and are excited to commence our trenching program in earnest at Purdy’s Reward,” commented Dr. Quinton Hennigh, President, Chairman and Director of Novo Resources Corp. “Information gathered from these trenches is already proving invaluable. The geology is telling us we are in a favorable geologic environment. We have further indications of a significant fine-grained gold component in this system, something that could prove to be very important as we evaluate this project. Bulk samples extracted from trenches will prove critical to helping establish gold grades. In short, this is our first close-up view of this deposit, and we are quite excited by what we see.”

    Click here for the full text release

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