has issued an important press release regarding the Significant Coarse Gold from Bulk Samples at the Egina Gold Project.
“Our first Egina bulk samples have yielded positive results in line with expectations,” commented Dr. Quinton Hennigh, president and chairman of Novo. “These first four samples were collected next to our recent exploration trench. Like our first bulk sample collected in late 2018 from an area approximately 100 m west, these have yielded significant amounts of coarse gold. We are quickly proving that the gold-bearing gravels can be effectively targeted, explored and quantified at Egina, which is a significant step for an extremely nuggety project such as this. In addition, we now clearly see that we are dealing with a shallow, easily extractable deposit dominated by coarse gold that could prove simple to recover. The trajectory of this project is very exciting. We eagerly anticipate excavating additional exploration trenches and collecting further bulk samples at the Egina mining lease after completion of upcoming heritage surveys.”
Leo Karabelas, VP of Corporate Communications
Telephone: (416) 543-3120