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Metal & Mining Stocks
Novo Resources Corp. (TSX: NVO) Begins Maiden Aircore Drill Program at Balla Balla Gold Project
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Highlights
Novo Resources Corp. (TSX: NVO) is set to begin its maiden aircore drill program at the Balla Balla Gold Project, located within the highly prospective Sholl Shear Zone. This exploration initiative aims to test areas of structural complexity and explore the potential for gold mineralization under shallow cover. The program is expected to commence in late March 2025, contingent on weather conditions.
The Balla Balla Gold Project is an early-stage exploration site focused on understanding the geological features of the Sholl Shear Zone, a major crustal-scale structure that stretches over 200 kilometers along the Pilbara coast. The area is known for its association with gold mineralization, as shear zones and faulted contacts often act as conduits for mineralizing fluids. These geological features provide an ideal environment for gold deposition, making the Balla Balla area highly prospective for mineral exploration.
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