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Novo Resources Corp 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

Bullboard Posts
Post by AimHigh8on Jul 22, 2017 8:59pm
301 Views
Post# 26498576

Karratha Gold Project

Karratha Gold ProjectFrom their presentation - pg 29.  Most of you have seen this already, but for those that haven't, a little info about their Karratha gold project where the recent youtube nugget video(s) originated.  Note the size potential (in red).

https://www.novoresources.com/_resources/presentations/corporate-presentation.pdf

Novo considers this new discovery very important and is currently adjusting its 2017

field program to begin aggressive exploration at Karratha
Highest priority will be given to the Comet Well Purdy’s area where metal
detectorists have been most active in recent months.
In situ occurrences of nuggets have now been identified in multiple outcrops over approximately 8 km of strike.
Novo plans a comprehensive soil sampling program to help define gold anomalous
conglomerate horizons. Using expertise gained at Beatons
Creek, Novo will also undertake trenching and bulk sampling of know gold bearing outcrops
Across the greater tenement package, Novo plans stream sediment sampling
downstream from prospective stratigraphy to help identify additional gold bearing
conglomerates. Reconnaissance level mapping will be undertaken concurrent with
stream sediment sampling
Novo has begun looking into means of undertaking large diameter drilling as a
potential exploration strategy. Plans for such drilling will be gauged on results from
trench work
 
Bullboard Posts