Novo Plans Bulk Mechanical Sorter Trials for Egina and Beatons Creek
November 26 2019 - 7:33AM
Novo Resources Corp. (“
Novo” or
the “
Company”) (TSX-V: NVO; OTCQX: NSRPF) is
pleased to announce it is planning mechanical sorting test work on
multi-tonne samples of gold-bearing conglomerate from its Beatons
Creek project and gold-bearing gravels from its Egina project with
Australia’s two major mechanical sorter proponents, Steinert Global
and TOMRA. Mechanical sorting of small particles of gold is seen as
a potentially important breakthrough for Novo and its various
nuggety gold projects throughout its large land holdings across the
Pilbara.
Highlights: |
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An approximate 5-tonne sample of Beatons Creek gold-bearing
conglomerate and an approximate 5-tonne sample of Egina
gold-bearing gravel have been shipped to Perth for sorting trials
at Steinert Global’s test facility in December. Conglomerate from
Beatons Creek is being crushed and screened, and gravel from Egina
is being screened in preparation for test work. |
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Once mechanical sorting tests have been completed at Steinert
Global, bulk test material will be shipped to TOMRA’s test facility
in Sydney for testing during the first quarter of 2020. |
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Test work is designed to assess the veracity of recent advances in
scanning and sorting capabilities of both companies. |
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The purpose of mechanical sorting test work on Egina material is
threefold: |
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to determine gold recovery capabilities of this technology as a
means of primary separation; |
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to assess the applicability of mechanical sorting as a tool to
support field exploration activities; and |
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to determine which model of mechanical sorter is preferred for
deployment for field trials. |
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Owing to recent rapid advancements in mechanical sorting
technology, Novo has conceptualized a potentially viable
alternative “dry” processing pathway for Beatons Creek. Bearing in
mind that testing is required to better assess sorter manufacturer
claims that fine gold particles can be detected and sorted, Novo
sees considerable merit in this “dry” processing model for the
following reasons: |
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Potential to significantly reduce capital and operating costs
compared to conventional “wet” processing schemes; |
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Potential to reduce construction timeframe compared to conventional
“wet” processing; |
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“Dry” processing schemes might be amenable to modular design suited
to cost-effective mobilization and relocation; |
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Negates or minimizes use of water and chemicals; and |
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“Dry” processing could help unlock Novo’s other assets in the East
Pilbara region. |
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Successful mechanical sorter trials of Beatons Creek material are
anticipated to lead to a larger metallurgical test work program to
fully assess means of crushing, screening and sorting to be
incorporated to a process flow sheet. Novo foresees using proven
technologies given there is a spectrum of commercially available
equipment for dry crushing, grinding and screening. |
“The pace of development of mechanical sorting
technology continues to astound us,” commented Rob Humphryson, CEO
and director of Novo Resources Corp. “We are fortunate that our
nuggety gold deposits appear to lend themselves to “dry” processing
pathways involving mechanical sorters, technology that may generate
favorable economic and environmental outcomes. Considering we can
readily access outcropping gold mineralization on all of our
properties, we have a unique opportunity to quickly collect bulk
samples for testing mechanical sorting technology on a meaningful
scale. We eagerly await results of our upcoming test work with
Steinert Global and TOMRA.”
Dr. Quinton Hennigh, P. Geo., the Company’s,
President, Chairman, Director, and a qualified person as defined by
National Instrument 43-101, has approved the technical contents of
this news release.
About Novo Resources Corp.
Novo’s focus is to explore and develop gold
projects in the Pilbara region of Western Australia, and Novo has
built up a significant land package covering approximately 13,000
sq km with varying ownership interests. For more information,
please contact Leo Karabelas at (416) 543-3120 or
e-mail leo@novoresources.com
On Behalf of the Board of Directors,
Novo Resources Corp.
“Quinton Hennigh”Quinton Hennigh President and
Chairman
Neither TSX Venture Exchange nor its Regulation
Services Provider (as that term is defined in the policies of the
TSX Venture Exchange) accepts responsibility for the adequacy or
accuracy of this news release.
Forward-looking information
Some statements in this news release contain forward-looking
information (within the meaning of Canadian securities legislation)
including, without limitation, statements as to planned processing
activities and the likelihood of their results. These statements
address future events and conditions and, as such, involve known
and unknown risks, uncertainties and other factors which may cause
the actual results, performance or achievements to be materially
different from any future results, performance or achievements
expressed or implied by the statements. Such factors include,
without limitation, customary risks of the mineral resource
industry as well as the performance of services by third
parties.
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