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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 thegeologiston Sep 28, 2018 2:52am
99 Views
Post# 28706783

RE:Perspective

RE:Perspective The continuous land acquisitions do not make sense indeed but ... in every modern mineral rush EVERYTHING, every little piece of ground was staked and declared to be prospective.

The Pilbara staking rush is a deja vu. See the Yukon staking rush that took place 7-8 years ago. Same old same.

How many mines, I mean economic mineralization was discovered as a result of that massive rush?

The same will be valid for Pilbara. But Down Under the juniors that are diversified and hold not only the elusive conglomerates but also own hardrock mineral prospects are going to win as gold in veins and shear zones is real and easy to estimate and mine.

Not Novo.
Bullboard Posts