off topic

2021-05-18 11:55 ET – News Release
Dr. Quinton Hennigh reports

NOVO SECURES ACCESS TO PHOTONASSAY SERVICES BY EXECUTING AGREEMENT WITH INTERTEK
Novo Resources Corp. has signed a three-year agreement (with an option to extend to six years) with Intertek Testing Services (Australia) Pty. Ltd., a wholly owned subsidiary of Intertek Group PLC, for the provision of on-site laboratory and sample preparation services, and PhotonAssay services. Intertek will manage an on-site laboratory at the company’s Golden Eagle mill designed to prepare samples from the company’s planned infill drilling campaign at the Beatons Creek conglomerate gold project for PhotonAssay in Intertek’s new state-of-the-art facility in Perth, Western Australia. Intertek has agreed to provide Novo with priority access to two brand new Chrysos PhotonAssay units which are currently being installed in Intertek’s Perth facility and should be fully operational by late May and early July, respectively. Novo has committed to, and Intertek has agreed to provide, a minimum of 20,000 PhotonAssays per month for each Chrysos unit once fully operational.

Summary of benefits to the Beatons Creek operation and Novo’s Pilbara exploration

Novo is conducting grade control and resource upgrade reverse circulation drilling across the Beatons Creek deposit. Drill samples are collected on half-metre intervals, and sample material is crushed, split and 10-by-500-gram charges are analyzed by PhotonAssay per each sample (five-kilogram total mass analyzed per sample). Novo believes PhotonAssay is the optimal technique to analyze nuggety gold mineralization at Beatons Creek.
Access to a minimum of 20,000 PhotonAssays per month for each of the two new Chrysos units being installed by Intertek will assist in alleviating the existing assaying backlog over the next few months and will provide sufficient assay capacity for Beatons Creek on a continual basis going forward for the duration of the Intertek agreement.
Establishing an internal sample preparation facility on site at the Golden Eagle mill will greatly reduce sample preparation time.
The Chrysos units will also allow Novo to introduce exploration-related samples into the analytic stream thus allowing the company to better advance its exploration assets across the Pilbara. The company envisages employing the sample preparation facility at the Golden Eagle mill to prepare all exploration-related samples.
“Securing a minimum of 40,000 PhotoAssays per month is a huge step for Novo,” commented Dr. Quinton Hennigh, chairman and president of Novo. “We can soon begin to alleviate our backlog of grade-control assays, but also now have an assurance that we can provide sufficient assay capacity for Beatons Creek and our exploration programs across the Pilbara on an ongoing basis during the life of the Intertek agreement.