Gold Price (USD) 1464.47
TSX.V NVO
OTCQX NSRPF

Novo Reports Significant Advancements in Mechanical Sorting Technology

 

VANCOUVER, British Columbia, Nov. 12, 2019 (GLOBE NEWSWIRE) -- Novo Resources Corp. (“Novo” or the “Company”) (TSX-V: NVO; OTCQX: NSRPF) is pleased to announce that the Company has completed encouraging gold processing trials at the Steinert Global testing facility in Perth, Australia. 
 

Highlights:

“Our recent tests on sortability of fine gold nuggets are very encouraging,” commented Rob Humphryson, CEO and director of Novo. “As investors are aware, Novo is experimenting with a number of waterless, chemical free processing techniques to handle the unique nuggety gold in our Pilbara conglomerates and lag gravels. Tests over the past few months with Steinert mechanical sorters fitted with induction sensors have shown that we can now reliably identify gold particles orders of magnitude smaller than possible only a year ago. Early this year, we showed that sorting of gold-bearing rock material using TOMRA’s mechanical sorters utilizing x-ray transmission is highly effective. More recent tests using Steinert eddy current separators also proved very promising. We are quickly developing a palette of processing techniques that can be potentially utilized to treat our various styles of mineralization. Whilst we have been assured that a detected gold particle can be reliably ejected, field testing of these technologies in 2020 will be the next critical step to prove this technology and gain an operational understanding of productivities, costs and detection size limits.”

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 leo@novoresources.com     

On Behalf of the Board of Directors,

Novo Resources Corp.

“Quinton Hennigh”

Quinton Hennigh

President and Chairman

Neither 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.

 

Primary Logo

Sign-Up

Sign up to receive latest news and recent projects from NOVO Resources