ResourceGlobal GlobalNetwork Network 49 Resource
cost near surface mining. Sumitomo has an option to farm in. This project has resources of 6.4Mt @ 2.7g/t (558koz) made up of measured and indicated resources of 3.39Mt @ 2.7g/t and inferred resources of 3.0Mt @ 2.7g/t. Novo Resources became intrigued with the success of the prospectors, subsequently revising its strategies and over the past year acquired extensive tenement around Karratha. Recognition of a larger scale to these other conglomerates led to Novo Resources acquiring the Comet Well tenements and consequently in July 2017 entering into a joint venture with Artemis Resources at the contiguous Purdy’s Reward tenement which is the actual surface outcrop and an opportunity to economically test the concept. Gold nuggets in the shape of watermelon seeds have been found throughout the thickness of the strata. In addition, quite high volumes of fine gold have accompanied the larger nuggets.
STEVE BARTROP Steve’s professional experience spans 30 years, and covers periods in both the mineral industry and financial sector. With a geology background, Steve worked in mineral exploration, feasibility studies and project evaluation as well as mine production. Steve has experience in commodities ranging from gold, platinum group metals, tin, base metals and bauxite. This included work in North America (including Alaska), Indonesia and Australia. In the financial sector, Steve has been involved in research, merger and acquisition activity, corporate transactions and IPOs spanning more than 15 years, including within major global investment banks.