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Novo Resources Corp T.NVO

Alternate Symbol(s):  NSRPF

Novo Resources Corp. is a gold explorer focused on discovering gold projects. The Company is engaged primarily in the business of evaluating, acquiring, exploring, and developing natural resource properties with a focus on gold. It has a land package covering approximately 6,700 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. Its key project area is the Egina Gold Camp, where De Grey Mining is farming-in to form a JV at the Becher Project and surrounding tenements through exploration. The Company is also advancing gold exploration at Nunyerry North. It focuses on undertaking early-stage exploration across its Pilbara tenement portfolio. It has also formed lithium joint ventures with both Liatam and SQM in the Pilbara which provides shareholder exposure to battery metals. Its Belltopper Gold Project comprises the adjacent Malmsbury and Queens projects.


TSX:NVO - Post by User

Bullboard Posts
Comment by TXRogerson Jun 29, 2020 6:30pm
143 Views
Post# 31205349

RE:RE:MIF Q & A with QH.

RE:RE:MIF Q & A with QH.
TuneThatTele wrote:

What a pile of horseshiit. Moving stuff from Egina and BC and elsewhere to put through their new mill which is..... a mickey mouse sorter. Straight from the horse's mouth. Testing to infinity.

Am I the only one who noticed he has liver disease?


TT:)


I Hope that most realize that there was time when the nature of the MOY mill processing capacity (4 or 5 times that of Radio Hill in Karratha) was an issue for just about everyone. Be it the type of gold ore and its output capacity.  Especially for Novo that would have had trouble providing the necessary ore feed to run it to the needed capacity to maximize output.

But things have changed.  The integrated alignment of Karratha, Egina, and BC will provide the ore and high octane head grades (enhanced by the sorting activity) to turn that mill into the business heart of the Pilbara operation.  Putting out multiple times more product than was ever envisioned.

If you can't see it, you ain't looking.

Tx

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