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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 BmBillyBasson Aug 07, 2020 6:01pm
121 Views
Post# 31381305

RE:RE:RE:RE:RE:QH on Mill Purchase Details

RE:RE:RE:RE:RE:QH on Mill Purchase Details
TXRogers wrote:

 

ValuePro wrote: You guys lost me on the mill thing.  Are you negative posters suggesting that the only feed available for the mill must come for Novo when they are not yet ready to deliver anything?  That's not the way I ever understood any other prospectors news about acquiring a mill.

VP in AZ


No, not quite.  

 

The mill could be "switched on" now to process legacy MOY gold. It's actually stock piled on site.   The mill would be functional, despite some recurring thirst issues.

But Novo has wisely chosen to modify a portion of the mill (ie. the gravity circuit for one) to process Novo gold, which is comprised of a higher octane head grade ore.

I am uneasy with the "negative poster" connotation on this $hithouse channel .  Dugout talk ain't negative.  It's just not ready for prime time.  OK?

Tx




 


I do hope they dont need any specialized machined parts from germany though eh. I once waited 6 months for a crusher flywheel. 

Im sure they will get er going. Expect more fund raising though. Things aint cheap nowadays. I hope they make it. Q redeemed hisself. Go for broke. He woulda made a good gulcher. 

BB

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