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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 TXRogerson Feb 24, 2021 9:42am
98 Views
Post# 32645658

RE:RE:RE:On Jay Taylor

RE:RE:RE:On Jay Taylor
MrWednesday wrote:
TXRogers wrote:

 

likeike wrote: Quinton Henning said will be 2 weeks yet before the PEA.

Like I figuired as we grapple on lots of things he cannot comment on.

Steady state in 2 months and steadier in 6 months.

Got 2 months before trial mining in Karratha and getting sorting going.

Engina somewhat delayed by drilling oh yes and more drilling even Mosquito Creek.

IKE


You all realize the ramifications of what has been repeated yet again:  The Pilbara basin IS the gold mine.    

 

It's layered gold mineralized pancake craton.

What does any PEA represent at this point.  An initial minuscule pin-head mining operation within 14,000 sq-kms.  It's the birth of a PEA at infinitum.

Get used to it.  Once the PEA starts, it will never end.  Not with this story.  The PEA(s) will always lag the mining and milling operations, as these activities have already commenced and will spit out gold endlessly.  

Regardless of PEAs.

That's what was just reiterated on this week's JT podcast.  

Tx


 


I dont want to be a pest Tx, you know I dont. But isnt the 14000 sq km a bit of a red herring when just 4 km away from bc the conglos are under 500 or 1000 ft of overburden from memory and deeper out into the basin they are under kms of over burden? Most of that 14000 km sq they have is in the basin as they staked the whole thing.

There are multi layered cakes and there are shite sandwhiches which is why the truth machine will decide in the end.

Hey, its Wednesday:)

Wednesday


And the current Wits 1.0 South Africa mining is under 3 km of solid rock.

Pick your poison 

Tx





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