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

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Post by ValueProon Dec 16, 2022 7:51pm

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Post# 35177119

The report is out of date anyway

However marginally unprofitable as of June based on POG of US$1,690, every new higher price from the present +/- $1,800 brings it closer to being viable once one. For now, who cares? Let's move to nearby other sources and take in feed on contracts.

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Advancing an underexplored area of the Yukon with the same geology as B.C’.s Golden Triangle