Novo Resources Corp Announces H2 2025 Pilbara Drilling Program Targeting High-Grade Gold & Antimony with Strategic JV Partnership

Friday, June 20, 2025
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8:21 am
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Novo Resources Corp is advancing its Pilbara exploration portfolio with high-grade gold and gold-antimony targets, including Sherlock Crossing and Balla Balla projects. The company secured approvals and partnered on its Egina project, positioning for a promising second half of drill activity amid rising metal prices.

Novo Resources Corp is accelerating its exploration efforts in Western Australia’s Pilbara region with a focus on advanced high‐grade gold and gold–antimony targets. The company plans an aggressive second-half drilling program in 2025 at key prospects including the Sherlock Crossing area, the Balla Balla Gold Project, and several targets within the Egina and Southeast Wyloo areas. At Sherlock Crossing, a coherent 1.5‑km antimony soil anomaly has been defined—with soil results reaching 48.3 ppm antimony and gold values up to 85 ppb—and historical rock chip sampling has revealed grades of up to 4.7% antimony and 146.7 g/t gold. This robust geochemical signature, supported by all necessary heritage and compliance approvals, has set the stage for maiden RC drilling, which is expected to test the strength and continuity of these anomalies. In addition, the Balla Balla Gold Project has recently concluded an extensive aircore (AC) drilling program, which involved 187 holes totalling nearly 6,000 m. The program defined broad zones of low-level gold anomalism, with downhole assays revealing peak values of approximately 114 ppb gold. Multi-element data from selected holes have highlighted significant intervals, including notable silver, antimony, copper, and bismuth anomalies that are associated with intense sulphide mineralisation and hydrothermal alteration along the Sholl Shear. Novo is also bolstering its New South Wales portfolio, preparing the John Bull and Tibooburra Gold Projects for further drilling campaigns in the coming months. The company’s joint venture at the Egina Gold Camp, where a new partner is reviewing previous exploration data, is strategically important. The area, which lies adjacent to a large-scale historic gold deposit, is seen as highly prospective for intrusion-related mineralisation. Novo’s technical work—including detailed mapping, systematic soil and rock chip sampling on grids designed to intercept geological trends, and rigorous quality assurance protocols—has been conducted in full compliance with JORC Code standards. A bullish view comes from the backdrop of strengthening gold prices and rising global interest in antimony, both of which may enhance the economic potential of these targets if further drilling confirms significant discoveries. On the other hand, skeptics note that these prospects remain in the early exploration stage, with inherent risks of grade and continuity uncertainties and the challenges of operating in a region with variable geophysical results. Overall, while the technical indicators are promising, the success of the exploration programs will ultimately depend on future drilling outcomes and sustained market conditions.

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