Novo Commences Drilling at its High Grade Blue Spec Gold Project
VANCOUVER, BC / TheNewswire / September 30, 2016 - Novo Resources Corp. ("Novo" or the "Company") (TSX-V: NVO; OTCQX: NSRPF) is pleased to announce drilling has commenced at its 100% controlled Blue Spec gold project in Western Australia. Over the next few months, Novo plans to complete up to 20,000 meters of reverse circulation ("RC") drilling and up to 5,000 meters of diamond core drilling at Blue Spec and other nearby gold projects. Drilling will test:
-extensions of high-grade gold-antimony veins immediately adjacent to the Blue Spec and Gold Spec deposits
-for blind mineralized shoots within the 1.4 km long corridor between the Blue Spec and Gold Spec deposits
-areas west of the Gold Spec deposit where high-grade surface samples have recently been collected
-five high-grade targets situated along the Blue Spec shear zone east of the Blue Spec deposit
-the Magic Mountain and Mt Hays prospects on the Mt Hays property
-gold-bearing conglomerate horizons at Contact Creek and Virgin Creek in the Marble Bar Basin
-a newly discovered high grade gold zone at Novo's recently acquired Talga Talga project
Novo has contracted Topdrill Ltd of Kalgoorlie, Western Australia to provide a truck mounted RC drill and a diamond core drill. These two drills will test areas in the vicinity of the Blue Spec and Gold Spec deposits. Topdrill's truck mounted RC drill commenced drilling today and the core rig is expected on site in approximately one week.
Castle Drilling Ltd of Albany, Western Australia was contracted to provide a track mounted RC drill that is expected on site in about two weeks. This drill will be utilized to test more distal targets along the Blue Spec shear zone, Mt Hays, Marble Bar and Talga Talga.
"We are very pleased to commence our Blue Spec drill campaign," commented Dr. Quinton Hennigh, President, CEO and a director of Novo Resources Corp. "The Blue Spec project has good high grade potential. Our drill program will systematically test areas around known deposits as well as other targets along the highly prospective Blue Spec shear zone. We are also excited to test two conglomerate prospects in the nearby Marble Bar basin and a recently discovered high grade zone at our new Talga Talga gold project."
Quinton Hennigh (Ph.D., P.Geo.) is the Qualified Person pursuant to National Instrument 43-101 responsible for, and having reviewed and approved, the technical information contained in this news release. Dr. Hennigh is President, CEO and a Director of Novo Resources Corp.
About Novo Resources Corp.
Novo's focus is to evaluate, acquire and explore gold properties. Indirect subsidiaries of Novo hold a 100% interest in the Beatons Creek gold project, a 70% interest in properties surrounding Beatons Creek and Marble Bar, a 100% interest in the Talga Talgagold project, a 100% interest in the Blue Spec gold-antimony project, and options covering approximately 400 square km over the Mosquito Creek Basin, all in the Pilbara region, Western Australia. Novo also controls a 100% interest in approximately 2 sq km covering much of the Tuscarora Au-Ag vein district, Nevada. For more information, please contact Leo Karabelas at (416) 543-3120 or e-mail leo@novoresources.com.
On Behalf of the Board of Directors,
Novo Resources Corp.
"Quinton Hennigh"
Quinton Hennigh
CEO and President
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.
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