Novo Resources Updates on Exploration at Purdy's Reward

Precious Metals

Novo Resources Corp. (TSXV:NVO) provided an update on exploration activities at Purdy’s Reward, a farm-in and joint venture project it has with Artemis Resources Ltd. (ASX:ARV).

Novo Resources Corp. (TSXV:NVO) provided an update on exploration activities at Purdy’s Reward, a farm-in and joint venture project it has with Artemis Resources Ltd. (ASX:ARV).
Recent work at the project includes:

Completion of 3,294 meters of scout diamond drilling in 69 holes testing approximately 1,550 m strike along the targeted conglomerate sequence.
Initial 3D modeling of lithologies.
Study of in situ gold mineralization confirming Purdy’s Reward is a coarse gold system.
Undertaking an assessment of appropriate sample size.
Receipt of first bulk sample results including 15.7 gpt Au from a 304 kg sample of basal conglomerate from Trench 1 and 17.7 gpt Au from a 371 kg sample of basal conglomerate from Trench 2.

Click here to read the full Novo Resources Corp. (TSXV:NVO) press release.