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Novo Resources Updates on Exploration at Purdy's Reward
Dec. 21, 2017 08:59AM PST
Precious Metals InvestingNovo 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.
