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Novo very encouraged with nuggets, market less so

WHILE Novo Resources Corp says it is "very encouraged" by nuggets found in its first trench at the Egina gold prospect in the Pilbara region of Western Australia, investors have been little moved.

Michael Quinn
Novo very encouraged with nuggets, market less so

The company recovered a total of about 30 ounces of gold from 162 nuggets, mainly from a 79m interval of a 579m long trench in underlying basement rock identified by ground-penetrating radar (GPR). ...

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