Aircore Drilling to Commence at Balla Balla

Core Viewpoint - Novo Resources Corp. is set to commence its maiden aircore drill program at the Balla Balla Gold Project, targeting structural complexities in the Sholl Shear Zone and associated structures [2][6][20]. Group 1: Balla Balla Gold Project Overview - Balla Balla is an early-stage exploration project focused on the Sholl Shear Zone, which is a significant geological feature extending over 200 km in the northern Pilbara [3][9]. - The project has identified several prospects along a 10 km trend, including Ramquarry, Cockerell, Babbage, and Beaufort, which will be targeted in the upcoming drilling program [7][6]. Group 2: Drilling Program Details - The aircore drilling is expected to begin in late March 2025, contingent on weather conditions, and will focus on zones of structural complexity and splay faults near the Sholl Shear Zone [6][20]. - Historical drilling indicates that the cover sequences in the area are approximately 25 m in vertical depth, allowing for effective drilling through unconsolidated cover to reach harder basement rocks [8]. - The drilling will utilize a nominal spacing of 640 m for drill lines, with hole centers spaced at 50 m, targeting NE-SW striking structures [19]. Group 3: Geological Significance - The Sholl Shear Zone is recognized as a fertile, crustal-scale structure that has played a crucial role in gold mineralization processes, acting as both a fluid conduit and a focusing corridor [9][10]. - The geological interpretation has revealed complex folded and offset mafic and ultramafic stratigraphy around the Sholl Shear Zone, which may enhance the potential for mineralization [6][14]. Group 4: Additional Exploration Activities - In addition to the Balla Balla project, Novo has completed mapping and sampling campaigns at the Tibooburra and John Bull Gold Projects in New South Wales, with RC drilling planned for Q2 2025 [21][22]. - The exploration efforts in NSW aim to improve geological understanding and support future drill program designs [21].