RE:RE:RE:RE:RE:How Much Gold Does Novo Have? Iskyhigh wrote: TXRogers wrote: LMND79 wrote:
Novo dropped most of its blue spec tenements in the east in the Two Creeks Mt Hays area. Some of it is currently owned by International Prospect Ventures
From the Novo website: Click the link above or https://www.novoresources.com/projects/pilbara/blue-spec/
Novo kept a piece of
E46/1035, and still holds the central part. Not worthy of a news release it appears.
Nimble Resources Pty Ltd
On November 10, 2017, the Company sold tenement E46/1035 to Nimble Resources Pty Ltd (“Nimble”) for a tiered royalty on any future minerals produced from the tenement. The Company will receive a royalty of 2% on all minerals derived from ore with an average grade of at least 0.5 grams of gold per loose cubic metre of earth, and 1% on all minerals derived from ore with an average grade of less than 0.5 grams of gold per loose cubic metre of earth
fwiw, It's actually the biggest piece. Some 28 Blocks, or 87sq km.
Don't know who runs Nimble. See they were into the Uranium, but could be wrong about that.