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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 GildedWillie1on Jun 02, 2023 5:10am
123 Views
Post# 35476363

RE:If they drop

RE:If they dropAnd if they don't find anything to feed the Mill at Nullagine,  they might have to write that down too. Based on the current focus, they aren't likely to find anything there before the Mill rusts away, because they aren't even looking any more! They even sold Blue Spec, the one high grade deposit developed by Millenium that could feed it if they invested in a path to treat refactory ore. Which appears to be the nature of most gold deposits in that basin.
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