Strong Gold Results From Teichman

Core Insights - Novo Resources Corp. has reported promising early-stage exploration results from its Pilbara project portfolio, particularly in the Teichman area and Sherlock Crossing, indicating significant potential for gold and antimony deposits [2][3][5]. Exploration Results - The geological work at Teichman has identified multiple prospective drill targets over an area of 1.3 x 2.5 km, with notable rock chip assay results including peak values of 77.5 g/t Au and 51.4 g/t Au, with 11 of 87 samples exceeding 10 g/t Au [5][9]. - Drilling at Sherlock Crossing yielded significant results, including 3 m at 2.96 g/t Au and 1.86% Sb from 108 m, with a peak of 1 m at 7.71 g/t Au and 4.77% Sb [5][19]. Project Developments - The Teichman area is characterized by complex geology and multiple vein arrays, with ongoing exploration activities aimed at preparing for a maiden drill program [3][12]. - Follow-up mapping and sampling at the Wyloo Sb-Ag-Au Prospect is scheduled for late 2025, with drilling planned for Q1 2026 [5][24]. Joint Ventures and Partnerships - Northern Star Resources is actively exploring the Egina Joint Venture, focusing on major gold deposits, with a commitment to continue exploration activities [3][25]. - The Egina project involves a farm-in agreement where Northern Star is investing A$25 million over four years for a 50% interest, indicating strong collaborative efforts in the region [36].