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Novo Resources reports 87,000 oz gold resource at Belltopper, Victoria, with strong growth potential.

Market News
09 Jun 2026
Proactive Investors - Finance
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Bullish
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Novo Resources announced a maiden inferred gold resource of 87,000 ounces at its Belltopper Gold Project in Victoria, based on 760,000 tonnes grading 3.6 g/t gold. This is the first JORC-compliant resource for Belltopper, which lies in a historically rich gold region. The Leven Star Reef, lightly drilled so far, remains open for expansion, and Novo plans further drilling in 2026 to grow the resource and explore additional reefs within the project. The resource estimate supports underground mining with favorable economic assumptions, highlighting Belltopper's promising future amid a strong gold price environment.

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