Novo Resources files Leven Star technical report as Wyloo drilling confirms broader polymetallic system
Published: 20:38 22 Jul 2026 EDT
Novo Resources Corp (TSX:NVO, OTCQX:NSRPF, ASX:NVO, FRA:1NOR) has filed an independent technical report supporting the mineral resource estimate for the Leven Star Reef at its 100%-owned Belltopper Gold Project in Victoria, while recent drilling at Wyloo in Western Australia has confirmed a significant silver-antimony-zinc mineralised system.
The Leven Star report formalises the mineral resource announced in June 2026, with Novo confirming there are no material differences between the previously released estimate and the figures contained in the final technical documentation.
Leven Star resource report filed
The report, titled Mineral Resource Estimate: Leven Star Reef, Belltopper Gold Project, Malmsbury, Victoria, Australia, has an effective date of June 9, 2026, and an issue date of July 22, 2026.
It was prepared by Snowden Optiro principal consultant Janice Graham and independent technical adviser Dr Simon Dominy, both qualified persons under Canada’s NI 43-101 reporting standards.
Novo filed the report to meet Canadian securities law requirements and released it simultaneously to the ASX and TSX in accordance with its ASX Listing Rule 15.7 waiver.
The full report is available through Novo’s regulatory filings and on the SEDAR+ platform.
Wyloo drilling confirms mineralised system
At the Wyloo Polymetallic Project in Western Australia’s Pilbara, maiden reverse circulation drilling has confirmed a significant hydrothermal alteration system carrying high-grade silver and antimony mineralisation from surface.
The 16-hole, 2,615-metre program at the Wyloo SE prospect returned a standout intercept of 9 metres at 92 g/t silver and 1,280 ppm antimony from surface, including 1 metre at 460 g/t silver and 1,425 ppm antimony from 2 metres.
Drilling also intersected broad zinc mineralisation, including 3 metres at 3.6% zinc, with a peak one-metre assay of 6.5% zinc within a wider 27-metre mineralised halo.
Exploration model strengthened
The program tested mapped quartz-sulphide veining and the northeast-southwest-trending Tasha Fault Zone across seven drill sections.
Novo identified strong sericite and chlorite alteration zones of up to 20 metres thick, accompanied by sulphide mineralisation and highly anomalous arsenic.
Silver, antimony and zinc mineralisation has now been recorded across a 230-metre strike length, supporting Novo’s interpretation that Wyloo SE forms part of a broader mineralised system rather than an isolated occurrence.
