157 0 Kommentare Novo Recommences Exploration at Egina; Discovers Yet Another Broad Gold-bearing Swale at Paradise - Seite 2

Rehabilitation program

- Because of the extensive nature of gold-bearing gravel mineralization at Egina, Novo views environmental rehabilitation of disturbed areas as a critical component to gaining acceptance for potential future commercial operations. Figure 4 and figure 5 depict recent examples of Novo’s environmental stewardship whilst undertaking exploration activities, each area displaying impressive rates of vegetative regrowth. Novo’s in-house environmental team has used best practices including stockpiling and rapid re-establishment of topsoil and regrowth after the wet season. Data collected from these rehabilitation efforts will help underpin Novo’s case that this style of ground disturbance can be managed such as to restore the land to its original state.

“We are very happy to get back to work at Egina,” commented Quinton Hennigh, President, Chairman, and a Director of Novo. “We are very excited by the continued exploration success with the immediate discovery of yet another broad gold-bearing swale at Paradise. Our MAK sampling approach clearly delivers quick results showing us where gold-enriched gravels are situated, and we plan to aggressively use this technique to test a multitude of targets across the terrace this field season. As we identify these gold-bearing gravels, we plan to follow up MAK sampling with bulk sampling and processing that will allow us to assess gold grades of these gravels. Bulk sampling has clearly demonstrated robust grades of gravels in the swale within the 2019 test area, and we aim to similarly evaluate grades of gravels in these new areas. Also exciting are the spectacular results of our environmental rehabilitation efforts. Our in-house team has done a great job showing that we can reclaim disturbed areas to their former state, a critical step for Novo in its efforts to move Egina toward a commercial operation.”

Large-Scale Bulk Sample Results Table

		Coarse Gold					Fine Gold				Total Gold
Large Scale Bulk Sample*	Volume (cubic m)	Gold Nuggets Metal Detected While Excavating Bulk Sample (grams)^A	Gold Nuggets Metal Detected in plus 5 mm Oversize Material (grams)^A	Gold Nuggets from Sluice plus 1 mm (grams)^A	Gold Nuggets Recovered by IGR 3000 plus 1 mm (grams)^A	Total Coarse Gold Nuggets, plus 1 mm (grams)^A	Gold in Shaker Table Concentrate (grams)^B	Gold in Shaker Table Tailings (grams)^C	Gold in IGR 3000 Tailings (grams)^C	Total Fine Gold, sub 1 mm (grams)	Total Gold from Coarse and Fine Fractions (grams)
19EGTR006A	413.6	324.9	0	138.3	99.1	562.3	10.9	0	19.4	30.3	592.6
19EGTR006B	763.2	210.9	0	40.9	53.5	305.3	26.6	0	61.9	88.5	393.8
Total	1176.8	535.8	0	179.2	152.6	867.6	37.5	0	81.3	118.8	986.4