Initial test results are discussed in this news release.
Highlights
Nuggety gold occurring in Beaton's Creek conglomerates is finer grained (generally sub 1 mm) than gold at Novo's Egina and Karratha projects (generally over 1 mm). Nonetheless, initial laboratory-scale tests indicate an upgrade of gold into significantly reduced mass is achievable.
Test work was conducted on a 2.8 tonne split of crushed (-50 mm) and screened Beaton's Creek bulk sample material. Analyses conducted as part of this sorting test work generated a calculated head grade of 5.72 gpt Au for the bulk sample. The vast majority of gold reported to mechanically sorted concentrates in each of the three size fractions tested (please refer to summary below). An impressive 90.2% of gold was recovered in 54.5% of the mass of the +18/-50 mm fraction, 68.8% of gold was recovered in 42.4% of the mass of the +6/-18 mm fraction, and 95.5% of gold was recovered in 20.3% of the mass of the +2.3/-6 mm fraction. Material finer than 2.3 mm, comprising 17% of the total mass of the bulk sample, was not tested due to excessive dust issues. Novo believes such material is treatable by means of gravity concentration.
Test results are considered indicative, and Novo and Steinert see additional opportunity to optimize sorting conditions and parameters that may result in further efficiencies. Nevertheless, these tests indicate robust potential for upgrading nuggety conglomerate gold mineralization, and perhaps, a broader spectrum of gold mineralization types.
A second 2.8 tonne split of the same bulk sample material has been delivered to
'We are highly encouraged by these initial results,' commented Rob Humphryson, CEO and Director of
About
Novo's focus is to explore and develop gold projects in the Pilbara region of
Contact:
Tel: (416) 543-3120
Email: leo@novoresources.com
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 and exploration activities, the statement that Novo believes that material finer than 2.3 mm, which was not tested due to excessive dust issues, is treatable by means of gravity concentration, and the statement concerning planned work as each of Novo's projects moves towards production. 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 and economic factors, as well as the performance of services by third parties.
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