# Novo Resources completes maiden RC drilling; targets new Pilbara discoveries Page: https://stenobird.com/podcast/proactive-interviews-for-investors-1457173/novo-resources-completes-maiden-rc-drilling-targets-new-pilbara-discoveries Text version: https://stenobird.com/podcast/proactive-interviews-for-investors-1457173/novo-resources-completes-maiden-rc-drilling-targets-new-pilbara-discoveries.md Podcast: [Proactive - Interviews for investors](https://stenobird.com/podcast/proactive-interviews-for-investors-1457173) Published: 2026-07-26T23:00:00+00:00 Episode link: https://proactive-interviews-for-investors.simplecast.com/episodes/07272026-novo-resources-corpmp3-F5s0bYvs Audio file: https://cdn.simplecast.com/media/audio/transcoded/1068c7db-2e26-4675-9674-33cc0c49ccdc/b96906c8-b386-47e4-a142-589b24379f8e/episodes/audio/group/cc94ecb4-7dad-4c1d-b39b-1e8052e3d4ca/group-item/17547ff6-ef76-4a7d-b2f3-a687335f7138/128_default_tc.mp3?aid=rss_feed&feed=xjpdm5C9 Processing state: not_requested JSON: https://stenobird.com/v1/public/podcasts/proactive-interviews-for-investors-1457173/episodes/novo-resources-completes-maiden-rc-drilling-targets-new-pilbara-discoveries Duration seconds: 367 ## Resource Novo Resources executive co-chairman Mike Spreadborough and general manager of exploration Rohan Williams talked with Proactive about maiden reverse circulation drilling at the company’s Wyloo Polymetallic Project in Western Australia’s Pilbara, where work confirmed a significant hydrothermal alteration system and returned high-grade silver and antimony mineralisation from surface. Spreadborough explained that Novo Resources is focused on greenfields exploration and follows a disciplined, staged approach to assessing its portfolio. Williams said the drilling had improved Novo Resources’ understanding of the broader hydrothermal system at Wyloo. He highlighted the Vera prospect, located immediately east of the initial drilling area, where high-grade antimony rock-chip results have been identified within a shear zone. A soil-sampling grid remains open to the north, giving the company scope to extend its geochemical coverage. Novo also plans further infill soil sampling, mapping and groundwork across additional targets before determining the most effective locations for future drilling. Spreadborough also discussed the early-stage Toolunga project, a land package of approximately 1,200 square kilometres containing both Novo Resources-owned and joint-venture ground. Historical geophysical work has helped the company identify three principal targets. Subject to approvals, fieldwork is planned ahead of a potential drilling campaign in early 2027. Visit Proactive’s YouTube channel for more interviews and market updates. Please give the video a like, subscribe to the channel and enable notifications for future content. #NovoResources #WylooProject #SilverExploration #Antimony #CopperExploration #GoldExploration #Pilbara #WesternAustralia #MiningNews #MineralExploration #ASXNVO… ## Actions - request_transcript: `POST https://stenobird.com/v1/public/podcasts/proactive-interviews-for-investors-1457173/episodes/novo-resources-completes-maiden-rc-drilling-targets-new-pilbara-discoveries/transcription-requests` — Idempotently request low-priority transcript generation for this episode. - read_markdown: `GET https://stenobird.com/podcast/proactive-interviews-for-investors-1457173/novo-resources-completes-maiden-rc-drilling-targets-new-pilbara-discoveries.md` — Read the agent-friendly Markdown representation of this episode resource. A page view does not enqueue transcription. Agents should invoke `request_transcript` explicitly when they need this episode processed. ## Transcript Full transcripts are not published on public pages unless there is a clear rights basis.