Novo Resources, a Vancouver-based company listed on the TSX (NVO), is currently expanding its Becher Project in Western Australia. The project has shown promising results with gold hits in 349 drill holes as part of a new campaign in the northern region of Western Australia. The Becher Project is situated in close proximity to De Grey Mining’s Mallina gold project and Hemi discovery in the Pilbara region, showcasing significant exploration potential.
Utilizing a fast-tracked field sampling methodology and Chrysos PhotonAssay analysis, Novo has already identified several noteworthy gold intersections in its Becher 3,350m aircore drilling program. The company is focusing on ENE trending gold-rich areas within the Becher Project, following a successful 2022 drilling campaign that identified key gold targets.
Novo’s Executive Co-Chairman and Acting CEO, Mike Spreadborough, emphasizes the importance of prioritizing these exploration targets, particularly those resembling the mineralization at De Grey’s Mallina gold project. The ongoing drilling program aims to further define the extent of mineralization at Becher.
De Grey’s Hemi deposit, part of the Mallina gold project, has provided significant results with measured, indicated, and inferred gold resources. The Hemi discovery sparked a new gold rush in the Pilbara region of Western Australia after being announced as a substantial gold find in late 2019. The area has since attracted numerous companies eager to explore the rich potential of the region.
