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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 Mar 24, 2021 5:19am
63 Views
Post# 32864510

RE:RE:RE:RE:RE:QH on Jay Taylor

RE:RE:RE:RE:RE:QH on Jay TaylorHey Troy,

It could be that they don't want to disclose grade casue they don't want the market to know. Meanwhile, things may be getting exiting behind the closed doors..as Q looks exited. They have a runnng mill, lots of land, they have stakes in other companies, new thechnologies...what do you want more when you can get a stock with all of this at once?
Time and patience !

By the way, is the mule ready for the season?  ;)





SamTroy wrote:
HuberPeter wrote:

Much appreciated. Looks like ramping up is going forward smoothly. Grade control is a Challenge due to the nature of conglomerate style of deposit. Grades could vary greatly; especially in the phase of ramping up. In Sum I believe 2g/t is probable; with surprises in the upper side. Recovery should work due to the technical study report between 90-95%.


peter 


 

Dormie18 wrote: QH just was on with Jay Taylor to discuss what are strategic investments in New Found, Kalamazoo. GBM, Calidus, etc. They are monetizable investment ultimately, but there are no plans to do so immediately. He continues to gush over New Found which has $60 million in value to us and climbing.

The Beatons Creek data and update  will be out in late March or first week of April, including the PEA. Quinton knows everyone is antsy, but he will not disturb the team effort to fine tune the mill and mining. We are now at 4K tons per day from 2.5K a short time ago. There was not one mention of a weather event, power outage or anything else that is interrupting progress. He sounded happy and satisfied with the execution of the plan

 

 

 


I think it will be closer to 1 gm. We shall see. 

 

Troy



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