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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
Comment by Novo2018on Oct 23, 2017 12:06am
248 Views
Post# 26843200

RE:RE:RE:RE:Forget Beacon Hill. What about the other Artemis NR today?

RE:RE:RE:RE:Forget Beacon Hill. What about the other Artemis NR today?Do the OscarWits conglomerates contain much gold? Back in August Artemis described the conglomerates found on their OscarWits tenement:

"The conglomerates at Mt OscarWits are quartz rich (Figure 3) and “cleaner” in character than the Purdy’s Reward mafic rich conglomerates, as the Mt OscarWits matrix “glue” within the conglomerates is primarily quartz sand and the conglomerate fragments consist of quartz and chert pebbles and boulders."

We now know that it is the upper layers of the Purdy's Reward conglomerates which contain quartz and apparently have much less gold than the lower layers which are mafic rich. 

See Aug 2, 2017 NR.
https://artemisresources.com.au/investors-relations/announcements

Bullboard Posts