Novo Resources Corporation has launched into a 15,000 metre drill program at its Nullagine gold project where it will focus on the company’s Parnell-Vulture prospect located a meagre 45 kilometres from its Golden Eagle processing plant in the Pilbara. The Parnell-Vulture prospect has an assortment of historical high-grade, near surface drill intercepts including a 9m hit going a commendable 8.4 grams per tonne gold.
The Parnell-Vulture trend extends across a strike length of approximately 2kms and houses a series of vein-hosted gold targets. Parnell-Vulture may provide Novo supplementary oxide mill feed options to beef up the oxide feed from its nearby conglomerate gold mine that is awaiting the final stages of approval to mine the fresh rock from its Beaton’s Creek conglomerate gold project.
Other notable shallow historical drill intercepts at the Parnell-Vulture prospect include a 12m hit going an impressive 14.6g/t gold from just 40m and 7m grading 6.1g/t gold, also from 40m.
Drill efforts at the Parnell-Vulture prospect are part of Novo’s greater Nullagine gold project exploration ramp-up with several high-priority targets in the company’s portfolio about to come into play. Drilling at the high-priority Parnell-Vulture prospect is primarily targeting the oxide potential however, testing of the fresh rock mineralisation is also on the cards.
Oxide feed can often be put through a gold mill easier and faster than bedrock ore sources so supplementary oxide ore sources always make a welcome lunch for a hungry mill.
Novo will be expecting first PhotonAssay gold results from the Parnell-Vulture prospect in early December 2021 as part of its priority arrangement with assay specialists Intertek. With assay turnaround times throughout the industry often taking six to twelve weeks, the PhotonAssay priority assay arrangement is a huge win for Novo.
The main mineralised trend at Parnell-Vulture sits on the eastern flank of Novo’s contiguous Pilbara landholding and is mostly untested with modern RC drilling. Only a few sporadic lines of shallow drilling were completed in the 1980’s and 1990’s however they were never run to ground due to unfavourable gold price conditions at the time.
A detailed soil sampling and mapping campaign was undertaken by Novo along the Parnell-Vulture trend with a series of robust and coherent gold anomalies identified across its tenure. Rock chip sampling was also undertaken across the Parnell-Vulture prospects with several significant samples returned including one rock chip coming in at 14.6g/t gold.
With a series of formidable historical near surface drill results complimenting a flurry of exciting soil and rock chip anomalies, the Parnell-Vulture trend is shaping up well for Novo. Novo is gently upping the ante now on its near mine exploration program and it shouldn’t take long for the results from the intriguing Parnell-Vulture trend to start flooding in.
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