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Novo Resources Corp T.NVO

Alternate Symbol(s):  T.NVO.W.A | 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 ValueProon Mar 08, 2023 7:15pm
79 Views
Post# 35327110

RE:@olr on NR

RE:@olr on NR"Recent research suggests that synsedimentary gold trapped in the structure of diagenetic arsenian pyrite in reduced carbonaceous facies of continental margin sedimentary basins is an ideal source of gold for many orogenic and Carlin-style gold deposits." -
Australasian Institute of Mining and Metallurgy

https://www.ausimm.com/publications/conference-proceedings/pacrim-2015/orogenic-gold-deposits---a-two-stage-process-of-gold-enrichment/

So, is this analogous to De Grey, or is it something different? 

In any case, if it applies across 10k square kilometers
or even fractionally thereof, "district scale" does not come close to describing the holdings here if economic.  
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