Novo Resources Reports High-Grade Gold Results at Tibooburra Project
Reuters
Nov 06
Novo Resources Reports High-Grade Gold Results at Tibooburra Project
Novo Resources Corp. has provided an update on its exploration programs across its New South Wales project portfolio, with a focus on the Tibooburra Gold Project. Recent activities at Tibooburra included mapping, surface sampling, re-logging of historic diamond core, and a down-hole geophysical wireline survey. Notable new results from rock chip sampling include a high-grade assay of 39.9 g/t gold at Pioneer North and several results above 1 g/t gold at Pioneer South, with peak values of 19.8 g/t, 8.12 g/t, and 5.83 g/t from quartz reefs and historic workings. The company is in the final stages of planning further drilling to test the extension of the Clone and Pioneer South prospects and is awaiting additional assay results from new Bendigo and Warratta Reefs. Novo highlights that mineralisation at Tibooburra shows similarities to major Victorian-style gold deposits such as Fosterville and Bendigo.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Novo Resources Corp. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9569733-en) on November 05, 2025, and is solely responsible for the information contained therein.
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