Novo Resources (TSX.V: NVO | OTCQX: NSRPF)
“Testing of sub-6mm fractions of Beatons Creek conglomerate gold mineralization has yielded results exceeding our expectations, especially considering the fine-grained nature of gold particles characteristic of this material. Results clearly demonstrate sorting has the ability to concentrate gold in these finer size fractions,” commented Rob Humphryson, CEO and a director of Novo. “We now see promising potential to significantly upgrade all crush sizes ranging from 2 to 50mm based on our test work at both TOMRA and Steinert. We look forward to field tests in which we envision optimizing sorting parameters on a large scale from Novo’s various Pilbara gold projects. Importantly, more definitive recovery results will allow evaluation of greatest economic benefits – from coarser size fractions where sorters are at their most productive and in nuggety gold systems, where low capital, chemical-free and water-free processing solutions simplify a path to development.”
Investor Relations:
Leo Karabelas, VP of Corporate Communications
Telephone: (416) 543-3120
E-mail: leo@novoresources.com
