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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.


TSX:NVO - Post by User

Novo Resources Corp > QUESTION
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Comment by smilingmickeyon Apr 07, 2021 12:05pm
70 Views
Post# 32949574

RE:QUESTION

RE:QUESTION
Hello Ron,

As I recall (I know not from where) It was reported that Moy had used up all the oxide based ore available to them, which had been sitting in a number of areas of Moy's land. They then started to process sulphide ore (also available to them from their land) but the plant yield took a downturn. This situation may have contributed towards the financial problems that they had.

SM






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