Novo Resources - Wyloo Project Update: New High-Grade Gold Targets Overview, Drilling In Q2

In this company update, we sit down with Mike Spreadborough, Executive Co-Chairman, and Kas De Luca, General Manager of Exploration at Novo Resources (TSX: NVO | ASX: NVO | OTCQX: NSRPF). We dive into the latest project update from the Wyloo Project, situated in the Southern Pilbara region of Western Australia, where the company has identified significant new high-grade targets. The discussion focuses on the emergence of the Wyloo SE and Wyloo SW targets, a 5-kilometer trend that has shifted Wyloo to a high-priority status within Novo’s portfolio. 

Key Discussion Points:

• The Evolution of Wyloo: Mike Spreadborough explains how the Wyloo Project moved up the priority list following successful land access and the rising global demand for critical metals like antimony.
• Discovery of High-Grade Trends: Kas De Luca details the results from systematic sampling, highlighting a 5-kilometer trend with rock chip samples peaking at 482 g/t silver and significant gold-antimony mineralization.
• Maiden Drill Program: The team outlines plans for a 1,500-meter maiden drill program set for April 2026, designed to test the depth, width, and metal zonation of the vein system.
• Strategic 2026 Outlook: A look at the broader exploration strategy across the company’s portfolio of projects in Australia. 

 

Please email me with any follow up questions for Mike and the team at Novo Resources. My email address is [email protected].  

 

Click here to visit the Novo Resources website to learn more about all the projects and exploration programs. 

 

----------------------

For more market commentary & interview summaries, subscribe to our Substacks: 

• The KE Report: https://kereport.substack.com/ 
• Shad’s resource market commentary: https://excelsiorprosperity.substack.com/

Investment disclaimer: This content is for informational and educational purposes only and does not constitute investment advice, an offer, or a solicitation to buy or sell any security or investment product. Investing in equities, commodities, really everything involves risk, including the possible loss of principal. Do your own research and consult a licensed financial advisor before making any investment decisions. Guests and hosts may own shares in companies mentioned.