Novo Plans Bulk Mechanical Sorter Trials for Egina and Beatons Creek
VANCOUVER, British Columbia, Nov. 26, 2019 (GLOBE NEWSWIRE) — Novo Resources Corp. (“Novo” or the “Company”) (TSX-V: NVO; OTCQX: NSRPF) is pleased to announce it is planning mechanical sorting test work on multi-tonne samples of gold-bearing conglomerate from its Beatons Creek project and gold-bearing gravels from its Egina project with Australia’s two major mechanical sorter proponents, Steinert Global and TOMRA. Mechanical sorting of small particles of gold is seen as a potentially important breakthrough for Novo and its various nuggety gold projects throughout its large land holdings across the Pilbara.
“The pace of development of mechanical sorting technology continues to astound us,” commented Rob Humphryson, CEO and director of Novo Resources Corp. “We are fortunate that our nuggety gold deposits appear to lend themselves to “dry” processing pathways involving mechanical sorters, technology that may generate favorable economic and environmental outcomes. Considering we can readily access outcropping gold mineralization on all of our properties, we have a unique opportunity to quickly collect bulk samples for testing mechanical sorting technology on a meaningful scale. We eagerly await results of our upcoming test work with Steinert Global and TOMRA.”
Dr. Quinton Hennigh, P. Geo., the Company’s, President, Chairman, 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 explore and develop gold projects in the Pilbara region of Western Australia, and Novo has built up a significant land package covering approximately 13,000 sq km with varying ownership interests. For more information, please contact Leo Karabelas at (416) 543-3120 or e-mail firstname.lastname@example.org
On Behalf of the Board of Directors,Novo Resources Corp.“Quinton Hennigh”
President and ChairmanNeither 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.Forward-looking information
Some statements in this news release contain forward-looking information (within the meaning of Canadian securities legislation) including, without limitation, statements as to planned processing activities and the likelihood of their results. 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, customary risks of the mineral resource industry as well as the performance of services by third parties.