GlobeNewsWire
09 Jun 2026, 03:04 UTC · 3h ago
Belltopper Gold Project Mineral Resource
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GlobeNewsWire
09 Jun 2026, 03:04 UTC · 3h ago
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3 claims · impact-rated
Novo Resources reported a maiden Inferred Mineral Resource estimate of 87,000 ounces of gold for the Leven Star Reef at the Belltopper Gold Project. — Establishing a first-ever resource estimate is a critical value-unlocking milestone for a junior explorer, though 'Inferred' status carries higher geological uncertainty.
+0.60The Leven Star Reef is one of eight reefs comprising the larger Exploration Target at the Belltopper project, suggesting potential for further resource growth. — The existence of seven other potential reefs provides a pipeline for future positive updates and scale expansion.
+0.30The project is located in the Bendigo Zone of Victoria, an area with historical gold production exceeding 60 million ounces. — Proximity to a proven, high-production gold province reduces regional exploration risk and increases the likelihood of finding significant deposits.
+0.20Ticker attribution
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Model heads
The company announced a maiden Inferred Mineral Resource estimate, marking an important milestone for its Belltopper Gold Project.
Mentioned only as a geographical reference point for the location of the project.
Mentioned only for the location of its operations relative to the project.
Mentioned only for the location of its processing plant relative to the project.
[mutual] Both companies operate gold mining assets within the same regional gold-producing zone in Victoria.
[mutual] Both companies operate gold assets in the same geographical region of Victoria.
[mutual] Both companies operate gold assets in the same geographical region of Victoria.
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