EXPLORATION & DEVELOPMENT

Novo gives thumbs-up to Purdy's Reward drilling

ONE billion dollar explorer Novo Resources believes it has got off to a good start with the maiden diamond drilling program at Purdy's Reward near Karratha in Western Australia, saying all 12 holes drilled over the past two weeks in an area of 400 metres by 200m have hit the "targeted conglomerate strata".

Michael Quinn
Novo gives thumbs-up to Purdy's Reward drilling

“We are pleased to see strong continuity of the gold-bearing conglomerate unit at Purdy’s Reward,” Novo president Dr Quinton Hennigh said in a TSX-V market statement. “Diamond drill core is providing...

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