From the Novo website; Mark Creasy secured tenements covering...

From the Novo website;

Mark Creasy secured tenements covering vast parts of the Hammersley Basin including the Beatons Creek area near the town of Nullagine and the Marble Bar sub-basin near the town Marble Bar. Historic mines dating back to the late 1800's at these two locations exploited gold-bearing reefs, some occurring at the basal unconformity of the FG and others within the Hardey Sandstone Formation situated higher in the FG.
Preliminary exploration conducted at Beatons Creek and Marble Bar by geologists with Novo Resources produced indications that gold-bearing conglomerates at both locations are similar to their South African counterparts. Based on these encouraging findings, Novo entered into a joint venture with Millennium Minerals on three mining leases covering approximately 10 square kilometers at Beatons Creek in July, 2011. An additional joint venture was formed with the Creasy Group covering approximately 1,800 square kilometers within 32 exploration tenements at Beatons Creek and Marble Bar. Novo plans to undertake aggressive exploration including drilling in both areas to explore for gold-bearing reefs.