en.Wedoany.com Reported - Novo Resources Corp has completed its first JORC-compliant mineral resource estimate at the Belltopper gold project in Victoria. The company confirmed an inferred resource of 760,000 tonnes at 3.6 g/t gold, containing 87,000 ounces of gold at the Leven Star Reef.

Executive Co-Chairman and Acting CEO Mike Spreadborough noted that this resource estimate reflects only a portion of the broader exploration opportunity at Belltopper, where the company has identified at least eight high-grade veins. Spreadborough stated that Belltopper lies within a wider exploration target zone, with gold resource potential estimated between 660,000 and 880,000 ounces, and that the initial resource estimate provides an important foundation for future growth.

Exploration General Manager Rohan Williams outlined the drilling plan for the second half of this year. The 2,500-meter program aims to test other veins, validate the broader exploration target, and potentially expand Belltopper's resource base.

Spreadborough noted that gold exploration conditions in Victoria are improving, with the state having "returned to the gold exploration and development business." With drilling expected to resume later this year, Novo will focus on increasing resource inventory and deepening its understanding of the Belltopper gold project.

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