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Novo Resources Corp. (ASX: $NVO) reports significant gold intercepts at Belltopper drilling

Novo Resources Corp. (ASX: $NVO) reports significant results from diamond drilling at Belltopper, Victoria


Novo Resources Corp. (ASX: $NVO) has reported significant results from a six-hole, 2,529 m, diamond drill program completed at the Belltopper Gold Project in Victoria. The drilling delivered multiple new significant gold intercepts across a wide range of targets and includes the discovery of two new independent reefs with significant strike potential.

Executive Commentary on Belltopper Drilling Results


It is exciting to see promising results in the Belltopper drill results and identifying new gold reefs. Our team is focussed on determining the best way forward following the results received. Our exploration activity across key assets continues to deliver exciting results and importantly, we are well-funded to continue our strong exploration program throughout 2024.

Summary of Belltopper Drilling Results


The recently completed drilling at Belltopper has delivered multiple new significant gold intercepts across a wide range of targets and includes the discovery of two new independent reefs with significant strike potential. The results indicate the delineation of new gold reefs and extension potential demonstrated on several key historic reefs. Novo Resources Corp. aims to continue its strong exploration program throughout 2024 and is focused on reviewing and re-logging key historic drill holes from the developing target corridors at Belltopper. The company is also conducting an expanded spectral logging program on pulps from key historic and recent drill hole samples to integrate into the evolving 3D targeting model at Belltopper by Q3, 2024.

NOVO RESOURCES CORP.
NVO | ASX | Materials
0.115-0.005(-4.17%)
At close 05/07 (AEDT)
Market cap
$42.6M
Volume
719,866
DY Yield
0
PE Ratio
0
52 Week Range
0.1 - 0.275
1YR Return
N / A

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