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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 HeyBlinkinon Dec 23, 2017 12:41pm
331 Views
Post# 27221856

RE:Finally

RE:Finally
Redflame wrote:

Rhino 10, what you're saying is there is some gold from top to bottom and Novo is lying through its teeth about the 40 centimeters.  Can't argue with you one way or another.  Seems like a lot of expense to dig up an average 8 meters or so of conglomerates but whatever it takes.



Figure 3 from the November 2 news release would seem to directly contradict the 40cm assertion.

User image
Original Fig 3

No, the diagram is probably not precisely to scale, but It sure infers to me that the concentrate referred to in Figure 6 is more than 40 cm from the basement.  Now you see it, now you don't?

It would be great if someone from Novo could be a little clearer on what they are trying to say, especially when news releases seem contradictory.
HB
Bullboard Posts