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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 mrbubbaon Dec 19, 2020 11:04am
127 Views
Post# 32146869

RE:RE:HEAD GRADE QUESTION

RE:RE:HEAD GRADE QUESTIONThanks very much, Tx. Very, very interesting. I saw this post before, but I guess I did not really understand it when I first read it back when.

So, we have to be very careful about the ore concentrate that is introduced to the mill, as it could "gum up the works" - and mainly because we have ores coming in from different destinations (Beaton's Creek versus Karatha) and ores that need to be processed differently. Our guys have been, are, and will be in the process as we go forward of tweeking the various inputs in order to maximize production from a cost/benefit standpoint - indeed above my paygrade.

So, I guess once we feel this out, then we can start making educated guess/computations as to exactly how much we believe the Karatha to be worth. Am I interpreting correctly here?


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