SUH 0.00% 3.4¢ southern hemisphere mining limited

Good news for David Lenigas' other Pilbara gold play: Novo...

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  1. 308 Posts.
    Good news for David Lenigas' other Pilbara gold play:

    Novo Resources Corp. (Novo or the Company) (TSX-V:NVO) (OTCQX:NSRPF) is pleased to announce that recent diamond core drilling supports strong continuity of targeted gold-bearing conglomerates at the Purdy's Reward tenement, a farm-in and joint venture Novo has with ASX-listed Artemis Resources Limited and part of Novo's greater Karratha gold project, Western Australia


    Which makes the increase of SUH's exploration tenements to 1500 sqKm all the more fortuitous:

    http://www.shmining.com.au/images/announcements/SUH_ASX_Newman_Tenements_Final_12_October_20172.pdf

    " The geological setting is analogous in a basinal context to the Artemis Resources owned Purdys Reward Project located on the northern boundary of the Fortescue Basin."

    "There is no reason why this exciting play does not exist in the southern part of the Basin, as there is extensive historic evidence of gold occurrences associated with the Lower Fortescue in this area."
 
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