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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

Comment by Fabrix72on Nov 05, 2020 7:19pm
97 Views
Post# 31848963

RE:QUESTION

RE:QUESTION I know that I know nothing about mining and AISC related. I also know HH knows nothing about mining and AISC.   I wouldn't listen to what I said about potential AISC and I wouldn't listen to what HH says about potential AISC.  

 



mrbubba wrote: Form what I've read, the Steinert sorter will be used on the Karatha property, and according to HH's recent article (very good article) he suggested a potential AISC of 100-200 for Karatha (but used 500 in his computations). For his computations on Beaton's Creek, he used 800 as his AISC. 

QUESTION: Does QH project that the Steinert sorter will also be used on the Beaton's Creek property? Egina property? If so, it seems the AISC should be 100-200 for that property too. Obviously, use of the Steinert sorter is a potential game changes, as the industry average AISC is about 800-900.


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