Novo Commences Drilling at Beatons Creek
VANCOUVER, / TNW-ACCESSWIRE / September 25, 2014 / Novo Resources Corp. (CSE: NVO; OTCQX: NSRPF) ("Novo" or the "Company") is pleased to announce reverse circulation drilling has commenced at its Beatons Creek gold project, Western Australia (see attached landscape photograph). The Company anticipates completing approximately 353 shallow drill holes to test shallow, oxidized gold-bearing conglomerate horizons. A systematic bulk sampling program will begin approximately October 4 and will complement the reverse circulation drill program to provide data to meet the Company's goal of defining significant resources suitable for development in a 1,000-2,000 tonne per day mining and processing scenario (refer to Novo's news release dated July 24, 2014).
Dr. Quinton Hennigh, the Company's Chief Executive Officer, President and Director and a Qualified Person as defined by National Instrument 43-101, has approved the technical contents of this news release.
About Novo Resources Corp.
Novo's focus is to evaluate, acquire and explore gold properties. The company presently has multiple joint ventures earning a 70% interest in approximately 20,000 square kilometers of the Pilbara region, Western Australia. For more information, please contact Leo Karabelas at (416) 543-3120 or e-mail leo@novoresources.com.
On Behalf of the Board of Directors,
"Quinton Hennigh"
Quinton Hennigh
CEO and President
Forward-looking information
Some statements in this news release contain forward-looking information (within the meaning of Canadian securities legislation) including, without limitation, the statement that Novo anticipates completing approximately 353 shallow drill holes during the course of the current reverse circulation drilling and that a systematic bulk sampling program, intended to complement the reverse circulation drill program, will begin approximately October 4, 2014 and will to provide data to meet Novo's goal of defining significant resources suitable for development in a 1,000-2,000 tonne per day mining and processing scenario. These statements address future events and conditions and, as such, involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the statements. Such factors include, without limitation, the ability to undertake and complete the planned exploration activities, the receipt of successful results as exploration proceeds, customary risks of the mineral resource exploration industry and assumptions made by management of Novo.
The Canadian Securities Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the content of this news release.
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Photograph of oxidized gold-bearing conglomerates in the foreground and middle ground and the reverse circulation drill rig in the background. The conglomerate horizon is approximately 1.5 meters thick, is dipping into the surface at approximately 3 degrees and is estimated to be approximately 15-20 meters below the drill rig. This conglomerate is boulder-rich and the matrix between boulders commonly displays iron oxide casts after detrital pyrite. Gold typically occurs in the matrix.
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