Novo Resources

Emerald Resources: High Grade Drill Results at Samnang Prospect

West Perth, WA / December 27, 2017 / JMN Wire / Emerald Resources NL (ASX:EMR) (‘Emerald’) is pleased to provide results received from recent exploration drilling undertaken at the Samnang Prospect and initial grade control drilling at the Okvau Gold Deposit.

Highlights

  • Exploration drilling results at the Samnang Prospect adjacent to the Okvau Gold Deposit include (refer Appendix 1 for complete results):
    • 5m @ 7.48g/t gold from 14m
    • 3m @ 8.93g/t gold from 28m
  • Results received from initial holes of a significant grade control drilling program at the Okvau Gold Deposit include (refer Appendix 2 for complete results):
    • 6m @ 10.35g/t gold from 12m
    • 8m @ 7.59g/t gold from 16m
    • 12m @ 4.74g/t gold from 17m (eoh)
    • 4m @ 22.93g/t gold from 18m
  • Grade control results increase confidence in the Okvau Ore Reserve model
  • Surface geochemical sampling completed within the Koan Nheak Project has defined a +1,000m by 400m gold-in-soils anomaly

Emerald Resources NL 12 27 2017

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Novo Resources

Novo Resources

Novo Resources is led by renowned economic geologist Dr. Quinton Hennigh and focused on exploring and developing world-class conglomerate gold projects in the Pilbara region of Western Australia. The Company has consolidated a significant land package covering 12,000 sq. km. where it is advancing three main assets- Beatons Creek, Karratha and Egina- through direct investments and strategic joint ventures with Kirkland Lake Gold, Artemis Resources and Sumitomo... LEARN MORE

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