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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 thegeologiston Sep 12, 2018 12:49pm
97 Views
Post# 28605781

Beatons Creek = Stick a fork in it

Beatons Creek = Stick a fork in itIt was a small low grade mineral resource estimated by using a faulted exploration method/assay results i.e. they need bulk sampling there as well.

Even Novo took it off from their website as it proved to be unreliable.

Millions of dollars spent
on salaries, etc. Down the drain Novo style.

The Japanese won't touch it. If it were interested they would have done it already.

No one in his right mind would ever get involved with this 'project' if a viable decent grade continuous mineral resource would not be estimated. 

Bulk sampling again. Doable? Maybe not.

Costs? How long it will take Novo to do that? How much money it will cost?

Stick a fork in it.


Bullboard Posts