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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

Comment by TXRogerson Dec 06, 2020 3:41pm
278 Views
Post# 32046519

RE:RE:RE:RE:RE:RE:Bob M...Crystallex a con job?

RE:RE:RE:RE:RE:RE:Bob M...Crystallex a con job?

dosco wrote: my hope is that QH ow focus more on production at BC and K instead of getting even more land. we need the sorters material to free the monster.


Fortunately, that's the beauty of BC.  

You actually don't need the sorters to generate revenue.  Basically, BC brings in the revenue as a conventional mining operation.

BC brings us the marketable gold.  It buys Novo its future. It is the seed money to refine the new technologies (like sorting processes) and deploy them throughout the Pilbara.  

Yes, the monster may be freed.  But there is a methodical path to the cath door that must be taken.  With very little tolerance to random wandering along the way.

Tx




 

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