Novo Resources accelerates Pilbara gold and antimony exploration with key H2 drilling targets

Novo Resources Corp (TSX:NVO, OTCQX:NSRPF, ASX:NVO) has outlined an ambitious exploration program for the second half of 2025, focusing on high-grade gold and gold-antimony (Au-Sb) targets across its Pilbara landholding.

The company has made significant progress in assessing advanced gold and antimony prospects, with plans for drilling to commence at priority sites including Sherlock Crossing and Southeast Wyloo.

Novo Tenure showing the Egina Gold Camp, Balla Balla Gold Project, and gold prospects.

Sherlock Crossing: promising antimony-gold anomaly

At the Sherlock Crossing Au-Sb prospect, Novo has identified a 1.5-kilometre-long antimony-in-soil anomaly, with gold anomalism up to 85 parts per billion (ppb) Au. These results are backed by heritage and compliance approvals, setting the stage for exploration drilling in the latter half of 2025.

Sherlock Crossing, showing extended soil anomaly > 15 ppm Sb to the SW of the proposed first pass drilling area at the Clarke Mine.

The anomaly lies within a highly altered and sheared ultramafic unit, where historical rock samples returned grades of up to 4.7% Sb and 146.7 g/t Au.

The upcoming drilling program will aim to test these promising zones for both gold and antimony mineralisation.

Southeast Wyloo: plans for mapping and sampling

Novo’s Southeast Wyloo Au-Sb-Ag-Cu project is another focus for the company’s exploration activities. Plans are in place to complete detailed mapping and rock chip sampling during the second half of 2025 to further assess the antimony-gold potential in the area.

Previous reconnaissance sampling in mid-2023 yielded notable results, including 387 grams per tonne (g/t) silver (Ag), 2.4% copper (Cu), 0.38% Au and 5.0% lead (Pb). These results have heightened the potential of the Southeast Wyloo project, making it a key target for the upcoming drill planning phase.

Balla Balla: broad gold and multi-element anomalies

At the Balla Balla Gold Project, Novo has completed a reconnaissance aircore (AC) drilling program across several prospects along the Sholl Shear Zone. The results from this program revealed broad zones of low-level gold anomalism, with a peak result of 0.114 parts per million (ppm) Au.

Additionally, multielement assays from select drill holes identified elevated silver (96.8 ppm Ag), antimony (182 ppm Sb), copper (353 ppm Cu) and bismuth (71.6 ppm Bi).

AC collar locations on interpreted regional geology and structure.

These results suggest significant hydrothermal activity along the shear zone and provide further targets for follow-up drilling once all assays are returned.

Egina JV: Northern Star begins exploration review

Novo’s joint venture with Northern Star Resources Ltd (ASX:NST) at the Egina Gold Camp is also making strides, with Northern Star now reviewing previous data to plan future exploration programs.

The Egina Gold Camp, located near the Hemi Gold Project, is considered highly prospective, with the Becher Project and adjacent tenements showing geological similarities to the world-class deposit.

Northern Star is committed to investing up to $25 million over four years to earn a 50% interest in the project, further bolstering the exploration efforts in this region.

Teichman and the Yandeyarra Reserve: Low-impact exploration

Novo has obtained approval for low-impact exploration activities at the Teichman gold prospect, part of its Egina Gold Camp within the Yandeyarra Reserve.

Previous explorers have reported high-grade gold from the area, with rock samples returning grades of up to 25.5 g/t Au.

Novo is set to carry out mapping and targeted rock sampling at Teichman in 2025, with an emphasis on gathering more data to refine future drilling targets.

Looking ahead

With its extensive Pilbara landholding, Novo Resources is well-positioned to make further significant strides in gold and antimony exploration. The upcoming drilling campaigns at Sherlock Crossing, Southeast Wyloo and other key targets in the Pilbara will be crucial to the company’s exploration strategy in the second half of 2025.

The recent partnership with Northern Star also enhances Novo’s ability to unlock the full potential of its extensive exploration portfolio, particularly in the highly prospective Egina Gold Camp.

As the price of gold continues to strengthen and global interest in antimony grows, Novo’s projects are poised to benefit from these favourable market dynamics.