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How Will Novo’s Maiden Drilling at Sherlock Crossing Shape Its Gold Prospects?

8:32am on Wednesday 29th of October, 2025 AEDT Mining
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How Will Novo’s Maiden Drilling at Sherlock Crossing Shape Its Gold Prospects?

8:32am on Wednesday 29th of October, 2025 AEDT
Key Points
  • Maiden reverse circulation drilling completed at Sherlock Crossing gold-antimony project
  • Reconnaissance mapping and sampling at Southeast Wyloo ahead of planned drilling
  • Net loss reduced to CAD 4.52 million in Q3 2025 from CAD 5.69 million a year earlier
  • Cash and short-term investments declined to CAD 2.42 million but bolstered by October San Cristobel Mining share sale
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