Novo Resources Corp (TSX:NVO, OTCQX:NSRPF, ASX:NVO) has signed a Determination Wide Aboriginal Heritage Protection agreement with the Nyamal Aboriginal Corporation, covering 1,500 square kilometres in the East Pilbara region of Western Australia.
The agreement allows Novo to advance exploration at the priority Bamboo and Miralga Projects, allowing the company to drill test the Bamboo gold trend’s orogenic and intrusive related gold targets.
Agreement speaks to strong relationship
“We are pleased to have reached an agreement with the Nyamal Aboriginal Corporation and thank them for their ongoing support of Novo and our exploration endeavours on their land,” Novo Resources executive co-chair and acting CEO Mike Spreadborough said.
“The terms of this agreement attest to the strong relationship Novo has with the Nyamal People.
“Novo looks forward to advancing its exploration in the region, as we continue key activities across the priority Bamboo and Miralga Projects.”
Novo has begun surface sampling and mapping at Miralga, following up on porphyry style and intrusion-related targets the company identified from historical data and reconnaissance work in 2021.
Miralga’s Gully Washer prospect produced rock chip samples associated with a mineralised breccia and vein array, grading up to 14.8 g/t gold, 10,083 g/t silver, 3.8% copper, 28.3% lead and 3.6% zinc, offering strong multi-element potential.
Further adding to that mineral potential, a mineralised gossanous outcrop at Gully Washer produced four rock chip samples – taken from the footwall of the outcrop – of more than 2,000 g/t silver along 100 metres of strike.