Located in the emerging New England district of NSW, John Bull is a high-grade exploration opportunity that covers an area of 32 sq km and includes two tenements owned by TechGen Metals (ASX: TG1)
- EL8389 (John Bull)
- EL9121 (Micks Bull)
The option agreement with TechGen grants Novo an option to acquire an 80% interest in the Micks Bull tenement and a 70% interest in the John Bull tenement.
Based on historical workings, soil sampling and drilling there is the potential to extend the strike of the system by > 500 m with open pit grade mineralisation extending from surface, discovered from limited drilling. Induced Polarisation geophysics on three lines over part of the target produced anomalies over known mineralisation, with four untested conductivity targets remaining.
Novo has analysed previous RC drill results and identified targets for immediate drill testing.
For the latest information on exploration and drilling results at John Bull, please visit ASX Releases, Presentations and Digital Media
