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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 Perambulatoron Dec 16, 2022 9:40pm
209 Views
Post# 35177218

RE:Nov 02 nr

RE:Nov 02 nr
The Devil is always in the detail. Not many people delve into the detail. Ill bet hardly anyone is aware that in the first Beatons Creek mineralisation report, all the drilling results from 2015, 2016 and 2018 drilling programes (dates from memory) were discarded as the gold grades were " too low" with the explanation that the pressures used in drilling were wrong. I recall reading that Hennigh personally supervised the 2015 program, perhaps later drilling as well. Ive never known a company being able to simply discard results they dont like and maintain an ounce of credibility. But par for NVO, but taken some a while to realise it!
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