Novo Resources Corp Executive Co-Chairman Mike Spreadborough and Kas De Luca, the company's Exploration General Manager Kas De Luca joined Steve Darling from Proactive to outline the company’s exploration roadmap for 2026, highlighting a series of planned programs across its Australian portfolio and providing an update on the highly prospective Wyloo project in Western Australia.
Spreadborough described Novo as a “pure greenfields explorer” with a diversified portfolio targeting both critical and precious metals. The company’s assets are spread across Western Australia, New South Wales, and Victoria, with a strategic focus on early-stage discovery. He noted that Novo trades primarily on the TSX, with approximately one-third of its shares also listed on the ASX, providing exposure to both North American and Australian investors.
A central focus of the discussion was the Wyloo project, located in the Pilbara region of Western Australia, which has emerged as a key gold-silver-antimony target for the company. De Luca explained that Wyloo was first identified in 2023 through regional reconnaissance work that revealed a significant sediment-hosted antimony anomaly. Follow-up sampling and soil geochemistry have since outlined a compelling vein array, with recent results returning encouraging grades and expanding the anomaly to both the northeast and southwest.
“We found a really interesting vein array with some pretty high-grade results,” De Luca said, noting that ongoing work continues to build confidence in the scale and potential of the system.
Looking ahead, Novo plans to commence drilling at Wyloo in early April 2026, marking a major step in advancing the project. Additional exploration campaigns are scheduled later in the year at the company’s Bella Bella and Onslow projects, further reinforcing its active exploration agenda.
Spreadborough emphasized Novo’s culture and commitment to discovery, highlighting the company’s hands-on approach to exploration. “We’ve got a great team that don’t like spending time in the office,” he said. “They want to be out there on the ground, testing ideas and seeing great results.”
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