Novo Resources Corp T.NVO

Alternate Symbol(s): NSRPF

Metals & Mining Gold

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.

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Novo Resources Corp > simsalabim

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Comment by Popeye82on Mar 22, 2021 11:54am

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Post# 32850413

RE:RE:RE:simsalabim

Harmonicka wrote:

Harmonicka wrote:

HuberPeter wrote: Steinert, Tomra and X-ray convert 1 g/t to 100 g/t Au almost without dilution through all size fractions.
https://www.novoresources.com/news-media/news/display/index.php?content_id=380

Looking forward for the karratha assays later this year. because of the size of nuggets results could be similar to Egina.
https://www.novoresources.com/news-media/news/display/index.php?content_id=419

Could be a gamechanger especial for karratha where the transport to nullagine should be profitable. At egina - what i know - novo takes another approach for processing.
Much work to do. Alone licensing mining for large bulk samples will take about 2 years. Many challenges: grade consistency over greater terrace, water, aboriginals, permitting and so on.

Peter

That almost sounds like magic doesnt it Peter. 1 gm becomes 100 gm. Alchemy like. Dont count on it being profitable though because sorting is an extra step, an extra cost. Its still 1 gm material in situ.

I was going to give it a rest but I think weedhead could learn something. I wonder if weed is bought and sold in troy.

H

What do you think weedhead, if BC came in at 1 gm and its right next door to the mill do you think that would do anything for the share price, because I do, but I dont think it would be good. So why would it be good at Karratha.

H