Novo Resources Corp. (TSX: NVO, OTCQX: NSRPF) has obtained high-order soil sampling assay results from exploration work conducted in Q4, 2021 at the Nunyerry North gold prospect in the West Pilbara, Western Australia.
Nunyerry North is part of the Croydon Project), which is a 70%/30% joint venture with the Creasy Group.
“The results from Nunyerry North are an exciting development in our Pilbara exploration program,” Non-Executive Co-chairman of Novo Dr. Quinton Hennigh, said.
“Identification of these prospects at Nunyerry North is the first step in advancing our understanding of prospectivity in the region, and we look forward to progressing further sampling and drilling efforts during 2022.”
Details
Recent results from grid soil sampling at 40 x 20 m centers at Nunyerry North have defined a high-order gold anomaly at > 100 ppb Au over a strike of 640 m which remains open to the west.
The broad anomaly at >300 ppb Au is semi continuous over 600 m strike. Ten soil samples returned greater than 1 g/t Au in soil and 29 samples returned greater than 0.5 g/t Au. Peak results in soils include 2.3 g/t Au, 2.13 g/t Au, 1.84 g/t Au and 1.59 g/t Au. The soil anomaly appears displaced across the Aurora Fault on the western end of the grid and remains open to the west with a result of 1.84 g/t Au in soil on the western-most line.
Rock chip sampling by Novo also returned high grade results from quartz veins and associated wall rocks with peak values including 30.3 g/t Au, 21.1 g/t Au and 19 g/t Au.
Detailed mapping by the Novo team has highlighted as series of steep to flat dipping quartz veins in brittle high-MgO basalt at the intersection of a major E-W trending shear zone (Freyda Shear), secondary shear (Luzia Shear), and a crosscutting structure (Aurora Fault).
Nunyerry North was identified by the Creasy Group in 2016 with fine gold panned in several streams draining from the general area. Rock chip sampling during a reconnaissance visit gave high-grade results of 81.0 g/t Au, 73.1 g/t Au, 40.3 g/t Au and 10.8 g/t Au from a zone of quartz veining over a radius of 20m and 8.3 g/t Au approximately 90m to the west of the main cluster of high-grade rock chip samples. In 2017, the area was covered with 160 x 80 m spaced soil sampling defining a >300 ppb Au anomaly over 320 m over the main target.
Two additional soil anomalies (figure 4) were defined by the Creasy Group, including:
- A >100 ppb Au soil anomaly over 360 m strike defined 400 m to the WSW of the area sampled by Novo in 2021; and
- A 500 m long >100 ppb anomaly 270 m south of the area sampled by Novo, with a peak soil result of 771 ppb Au. Reconnaissance rock chip sampling yielded a peak assay result of 20.7 g/t Au at the western end of the anomaly, but the source of the soil anomaly has not yet been explained.
Follow-up work by Novo will include grid soil sampling to expand the western end of the main anomaly, plus grid soil sampling, detailed mapping and rock chip sampling over the two additional soil anomalies, to the west and south of the main target area. Planning access for a drilling programme later in the year has commenced.
For further information please visit: https://www.novoresources.com/
