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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

Post by stocksluiceon Aug 17, 2020 12:00pm
159 Views
Post# 31418004

Precipitation or hydrothermal?

Precipitation or hydrothermal?Any comments or discussion regarding the possibility or perhaps even the probability that the precipitation theory may not apply to conglomerate gold in the Pilbara, and that it may have been originally sourced from more traditional hydrothermal vein systems such as DeGrey's Hemi discovery and gold in the Yilgarn Craton to the south of the Pilbara? If so, implication regarding distribution? If not, what further support has emerged for the precipitation theory, if any, since QH first suggested it?
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