• Connect with us
    • Information
      • About Us
      • Contact Us
      • Careers
      • Partnerships
      • Advertise With Us
      • Authors
      • Browse Topics
      • Events
      • Disclaimer
      • Privacy Policy
    • Australia
      North America
      World
    Login
    Investing News NetworkYour trusted source for investing success
    • North America
      Australia
      World
    • My INN
    Videos
    Companies
    Press Releases
    Private Placements
    SUBSCRIBE
    • Reports & Guides
      • Market Outlook Reports
      • Investing Guides
    • Button
    Resource
    • Precious Metals
    • Battery Metals
    • Base Metals
    • Energy
    • Critical Minerals
    Tech
    Life Science
    Precious Metals Market
    Precious Metals News
    Precious Metals Stocks
    • Precious Metals Market
    • Precious Metals News
    • Precious Metals Stocks
    gold investing

    Novo Provides Update on Exploration at Purdy’s Reward, Strategizes Bulk Sampling Approach With Artemis

    Written by Priscila Barrera
    |
    Nov. 24, 2017 08:35AM PST

    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 key tenement within the farm-in and joint venture Novo has with ASX-listed Artemis Resources Limited (“Artemis”) and part of Novo’s greater Karratha gold project, Western Australia. In addition to this update, …

    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 key tenement within the farm-in and joint venture Novo has with ASX-listed Artemis Resources Limited (“Artemis”) and part of Novo’s greater Karratha gold project, Western Australia. In addition to this update, Novo wishes to advise that the Company has recently been notified by Artemis that the Western Australian Government’s Department of Mines, Industry Regulation and Safety (“DMIRS”) has granted a 20,000 tonne excess tonnage permit for the extraction of a bulk sample from the Purdy’s Reward tenement.
    As quoted in the press release:

    “We were fully aware from day one that the Karratha gold project is a coarse gold system,” commented Dr. Quinton Hennigh, President, Chairman and a director of Novo Resources Corp. “The fact that numerous prospectors have been detecting gold here since its discovery is compelling evidence. While the ability to recover consistent, quality sample material using large diameter drilling has not yet been accomplished, trenching appears to yield acceptable bulk samples for test work. Bulk sampling at surface will be the most critical means of determining the grade, processing characteristics and viability of this deposit. We look forward to working with Artemis on ways to fast track a bulk sampling strategy at Purdy’s Reward.”

    Click here for the full text release

    australiawestern australiajoint venturegold investing
    The Conversation (0)

    Go Deeper

    AI Powered
    Open-pit gold-mining operation.

    Exploring Northern Australia’s Golden Potential

    Noble Mineral Exploration

    Noble Mineral

    Latest News

    Brixton Metals Announces Closing Of Second Tranche Of Its Private Placement

    Canadian Investment Regulatory Organization Trade Resumption - OTMC

    Oreterra Reports Bornite, Chalcopyrite and Magnetite Mineralization with Strong Porphyry Style Alteration in Trek South Drill Hole TS26-06; Drilling Continuing

    Nine Mile Metals DDH WD-26-07 Intersects High Grade VMS Zones Including 24m of 2.77% Cu-Eq and 9.2m of 4.14% Cu-Eq

    NevGold Expands Recent Mineral Resource Estimate With First 2026 Drillholes; 1.16% Antimony Over 3.0 Meters Within 1.38 g/t AuEq Over 50.3 Meters From Surface

    More News

    Outlook Reports world

    Resource
    • Precious Metals
      • Gold
      • Silver
    • Battery Metals
      • Lithium
      • Cobalt
      • Graphite
    • Energy
      • Uranium
      • Oil and Gas
    • Base Metals
      • Copper
      • Nickel
      • Zinc
    • Critical Metals
      • Rare Earths
    • Industrial Metals
    • Agriculture
    Tech
      • Artificial Intelligence
      • Cybersecurity
      • Gaming
      • Cleantech
      • Emerging Tech
    Life Science
      • Biotech
      • Cannabis
      • Psychedelics
      • Pharmaceuticals

    Featured Precious Metals Investing Stocks

    Equity Metals

    Equity Metals (EQTY:CC)
    EQTY:CC

    Flow Metals

    Flow Metals (FWM:CC)
    FWM:CC

    Goldera Exploration

    Goldera Exploration (GERA:CC)
    GERA:CC

    Graycliff Exploration

    Graycliff Exploration (GRAY:CC)
    GRAY:CC

    Lahontan Gold Corp.

    Lahontan Gold Corp. (LG:CC)
    LG:CC

    Sirios Resources

    Sirios Resources (SOI:CC)
    SOI:CC
    More featured stocks

    Browse Companies

    Resource
    • Precious Metals
    • Battery Metals
    • Energy
    • Base Metals
    • Critical Metals
    Tech
    Life Science
    MARKETS
    COMMODITIES
    CURRENCIES