Novo Identifies 1.5km Antimony Anomaly at Sherlock Crossing Ahead of Drilling

Exploration Momentum Builds in Pilbara

Australian gold explorer Novo Resources Corp has provided a comprehensive update on its Pilbara exploration activities for the first half of 2025, setting the stage for an active second half focused on high-grade gold and antimony targets. The company’s methodical approach has yielded several compelling prospects, notably at Sherlock Crossing, Southeast Wyloo, and the Balla Balla Gold Project.

At Sherlock Crossing, Novo has delineated a coherent 1.5-kilometre antimony anomaly in soil samples, with gold anomalism reaching up to 85 parts per billion. This discovery is significant given the growing global interest in antimony, a critical metal for emerging technologies, alongside the strengthening gold price. With all heritage and compliance approvals secured, Novo plans to initiate a maiden reverse circulation (RC) drilling program in the second half of 2025 to test these promising targets.

Early-Stage Gold Anomalies at Balla Balla

Exploration at the Balla Balla Gold Project, centred on the Sholl Shear Zone, has revealed broad zones of low-level gold anomalism, with peak values of 0.114 parts per million gold. Multi-element assays have also identified significant silver, antimony, copper, and bismuth anomalies associated with hydrothermal alteration and quartz veining, indicating potential for shear-hosted mineralisation. While these results are preliminary, they provide a foundation for further geochemical and spectral studies to refine drill targets.

Strategic Partnerships and Heritage Approvals

Northern Star Resources Limited, following its acquisition of De Grey Mining, has commenced reviewing historical data as part of its farm-in and joint venture agreement with Novo at the Egina Gold Camp. This JV covers a strategic landholding near Northern Star’s 13.6 million ounce Hemi Gold Project, with potential for intrusion-related gold deposits. Novo has also secured heritage access approval for low-impact exploration at the Teichman prospect within the Yandeyarra Reserve, where historic rock sampling has indicated high-grade gold mineralisation.

Expanding Exploration Footprint

Beyond Pilbara, Novo continues to advance its New South Wales projects, with reverse circulation drilling underway at the Tibooburra Gold Project and preparatory work at the John Bull Gold Project, where drilling is expected to commence early in the third quarter of 2025. These initiatives align with Novo’s strategy to identify projects with the potential to host more than one million ounces of gold.

Overall, Novo’s exploration update highlights a disciplined and multi-faceted approach, combining geochemical anomalies, heritage approvals, and strategic partnerships to unlock value across its portfolio. The company’s focus on both gold and antimony positions it well amid evolving commodity market dynamics.