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Novo Resources announces Egina Gold Project update

Mining News - Published on Thu, 23 May 2019

Image Source: SteelGuru
Novo Resources Corp announced an update of activities at its Egina Gold Project, Western Australia. Whilst exploration activities are planned across the breadth of Novo's +12,000 sq km of Pilbara tenement holdings, Novo's project development priorities this field season are focused around the historic gold mining centres of Egina and Station Peak. Following a brief delay in returning to site owing to the impacts of Tropical Cyclone Veronica, works are now on track to meet original schedules.

Current activities can be characterized as follows:

The Station Peak camp, headquarters for the Egina Gold Project, has been fully upgraded to a 16-bed camp, sufficiently large to house necessary staff for upcoming bulk sampling and processing work. Given the project is remote, nearly 60 km from the Coastal Flighway, Novo determined this upgrade is critical to safe and sustainable operations at Egina.

Edwards Construction of Port Hedland has been awarded a contract for all earthmoving at the project. Equipment has been delivered to site (Figure 2) where it is currently being used to reconfigure the processing area for receipt and handling of bulk samples and tailings.

The Company's IGR3000 gravity gold plant is undergoing upgrades to streamline processing of bulk samples as well as ensure maximum recovery of gold. A conveyor with a digital weightometer is being installed for accurate measurement of sample mass. This work is expected to be completed over the next month.

A series of five water bores are currently being drilled near the Station Peak camp to ensure sufficient water is available for bulk sample processing.

Ground penetrating radar and magnetic surveys were recently completed over the initial target area, an approximately one square km area where the previous operator excavated numerous trenches. GPR data is currently being processed, but initial indications suggest the targeted gold-bearing gravel horizon is laterally consistent and shallow as predicted. More refined processing of data may identify shallow depressions, possible trap sites for alluvial gold. Detailed magnetic data will help identify areas where heavy magnetitic sands have accumulated, another potential proxy for alluvial gold concentrations. Accurate modeling of GPR and magnetic data is considered critical to helping lay out the network of sample sites across the target area. Bulk sample excavation will commence once this model has been completed and sample sites chosen over the coming weeks.

Systematic mapping and metal detecting are being carried out across the greater Egina mining lease in order to better understand the extent of gold-bearing lag gravels as well as potential gold sources in underlying bedrock. Numerous gold nuggets have been discovered and recorded. While most are rounded, an indication of being sourced from weathering of local conglomerates, a few are hackly and attached to quartz, a sign they originate from veins in the underlying Mallina Formation basement rocks. This is intriguing, because it suggests there may be local hardrock targets at Egina.

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Posted By : Rabi Wangkhem on Thu, 23 May 2019
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