Novo Resources Unveils Promising Exploration Targets at Wyloo Project for Maiden Drill Program
Novo Resources Corp. has announced highly encouraging exploration results from its Wyloo Gold-Silver-Antimony Project in Western Australia, confirming multiple high-priority targets that will be tested in a maiden drill program scheduled for the second quarter of 2026.
Significant Soil and Stream Sediment Anomalies Identified
The company has defined a strong multielement soil anomaly at the Wyloo SE prospect, where a polymetallic vein system was previously identified. Peak soil values include 57.2 ppm silver, 142 ppm antimony, 1,440 ppm arsenic, 2,180 ppm zinc and 1,530 ppm lead. This anomaly remains open undercover to the southwest and northeast, suggesting potential for extension.
At the Wyloo SW prospect, follow-up exploration on a high-order antimony stream anomaly has defined a target area measuring 2.5 kilometers by 800 meters. Peak stream sediment results reached 19.9 ppm antimony with a multielement association of antimony-arsenic-copper-lead-zinc.
Geological Context and Regional Setting
Both the Wyloo SE and SW prospects lie within the core of the Wyloo anticline, situated on the southeastern flank of the Wyloo Dome. This geological feature forms a basement high within the Ashburton Basin in the southern Pilbara region of Western Australia.
The regional setting is particularly significant as the Paulsons gold deposit is located in the northeastern part of the Wyloo Dome, approximately 40 kilometers west-northwest of the Wyloo SE prospect. The project area is characterized by dynamic tectonic activity, with the regional Nanjilgardy Fault positioned just 5 kilometers south of the prospect area.
Historical Context and Recent Enhancements
The exploration program builds upon work initiated in 2023 when Novo identified two significant antimony anomalies during routine stream sediment sampling. Reconnaissance exploration at the eastern-most anomaly revealed a zone of quartz-sulphide veining with anomalous antimony, silver, gold and base metals.
Follow-up work in mid-2025 included detailed structural and regolith mapping along with additional rock chip sampling. This work focused on an ENE-trending vein array dipping 60 degrees to the ESE, extending over 130 meters of strike and trending under cover to the southwest and northeast. The main vein array outcrop reaches up to 7 meters thick, with zones of intense sulphide, alteration and numerous anastomosing veins creating a surface exposure up to 18 meters wide in some areas.
Recent rock chip sampling has further enhanced the target potential, yielding maximum values of 482 grams per tonne silver, 1.29% antimony, 9.7% lead, 16% zinc and 0.93 parts per million gold. Several samples assayed at greater than 7% zinc, indicating significant mineralization potential.
Forward Work Program and Corporate Commentary
A heritage survey is scheduled for March 2026 to provide access for reverse circulation drilling planned to test the Wyloo SE area in the second quarter of 2026. The maiden drill program at Wyloo SE, comprising approximately 1,500 meters, is designed to test multiple geological features:
- The high-grade polymetallic vein system
- Potential for stratabound mineralization
- A large fault zone immediately south of the main target area
Mike Spreadborough, Executive Co-Chairman and Acting Chief Executive Officer of Novo Resources, commented on the exploration results: "The results from Wyloo SE continue to impress, with recent soil sampling defining a strong, open-ended multielement anomaly over a known polymetallic vein system. These results enhance our confidence in the scale and prospectivity of the target, and we are very excited about conducting the maiden drill program into this compelling target."
Spreadborough added: "Additionally, follow-up stream sediment sampling at Wyloo SW has expanded and strengthened the original stream sediment anomaly and has elevated Wyloo SW to a drill-ready prospect. This reinforces the broader potential of the Wyloo Project, with multiple targets now emerging for systematic drill testing."
The Wyloo Project represents a significant exploration opportunity in Western Australia's mineral-rich Pilbara region, with the upcoming drill program poised to provide crucial data on the project's mineralization potential and economic viability.
