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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

Comment by GildedWillie1on Aug 17, 2023 5:41pm
153 Views
Post# 35593843

RE:RE:RE:RE: Could Novo Resources be De Grey 2.0?

RE:RE:RE:RE: Could Novo Resources be De Grey 2.0?Ha yes, I couldn't agree more about their exploration strategy to date. There was s lot of allusion about them looking for conglomerate in the wider package for a long time but no evidence that they ever did. And that was only for the fantasy  conglomerate gold, not real gold or other minerals. It is just what you call dumb luck that they pegged out land on the basis of conglomerate being present when in fact it is mostly Archean granite, where some of it might have fractionated into lithium bearing pegmatite. But certainly it will be exploration by real explorers in adjacent tennaments that progress this space, not Novo. 
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