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Novo Resources Corp T.NVO.W.A


Primary Symbol: T.NVO Alternate Symbol(s):  NSRPF

Novo Resources Corp. is engaged in evaluating, acquiring, exploring, and developing natural resource properties with a focus on gold. The Company explores and develops its prospective land package covering approximately 7,500 square kilometers in the Pilbara region of Western Australia, along with the 22 square kilometer Belltopper project in the Bendigo Tectonic Zone of Victoria, Australia. The Company operates through two segments: care & maintenance operations and exploration operations.


TSX:NVO - Post by User

Post by WisGuy1on Jun 21, 2023 7:45pm
204 Views
Post# 35508186

@AUinvestor

@AUinvestor@AUinvestor Of course, De Grey Mining management didn't wake up yesterday and suddenly decide they are going to spend up to A$25 million exploring Becher... no, of course not. De Grey management has been planning this the entire time that most on discussion boards were throwing in the towel on Novo shares... guess the few that saw the promising AC drilling results at Becher just 30K from Hemi are now joined by management of a company that found 10plus million ozs. If not blatantly obvious, DG has entered into an agreement to invest in Novo Resources and has committed a significant amount of capital which indicates that they see at least A$25 million worth of time, energy and money to explore the potential value in Novo Resources and its Becher Gold Project. 
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