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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 Redflameon Dec 23, 2017 5:43am
243 Views
Post# 27221048

RE:RE:RE:RE:RE:Eric Sprot comments

RE:RE:RE:RE:RE:Eric Sprot comments
Rhino10 wrote: Redflame -- What a load of rubbish -there are thousands of detector holes from which nuggets have been recovered and you are going to tell me that many kilometres of undulating surface area from which nuggets have been recovered represents a .4 metre gold bearing layer. The fact is as demonstrated by prospectors and trenching the gold is unevenly distributed through millions of tonnes of relatively thick conglomerate horizons which are not yet properly mapped or understood -probably not uniformably eroded - and in places even faulted but in general flat lying and dipping at low angles. Until it is physically mined all your ridiculous assumptions and many others on here in panic mode about tonnages and grade are just a complete waste of  energy.Noone including QH seems to get it  -it is impossible to estimate the grade of these conglomerates the way Novo are going about it -bigger bulk samples indeed - and until someone with practical mining and processing skills is brought in by Novo the current situation will continue to deteriorate. 


You should phone ES and tell him.  In his interview yesterday he said how disappointing the results were and that the gold was confined to the bottom 1/2 meter of conglomerates.  I don't know how much clearer a member of the BoD can get,
Bullboard Posts