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Bullboard - Stock Discussion Forum 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... see more

TSX:NVO - Post Discussion

Novo Resources Corp > Did anyone else notice
View:
Post by OutofEden on Jun 03, 2021 2:09pm

Did anyone else notice

Hidden but very very telling, note the desperation to get better grade for the plant, they are going back to MOY targets....wait for new "discoveries" announced shortly that were already found by MOY

Exploration in the Mosquito Creek Belt is dedicated to defining and quickly progressing a series of orogenic gold targets, primarily to provide additional sources of gold-rich oxide feed for the mill. Exploration, including 3D modelling, gridded soil sampling, mapping and on-ground target evaluation commenced in early February, testing a large number of advanced to grass roots targets, with RC drilling scheduled to commence in June 2021.
Comment by Haarrmonica on Jun 03, 2021 2:25pm
This post has been removed in accordance with Community Policy
Comment by CountOfMeltedCrisco on Jun 03, 2021 2:57pm
Yes, we noticed!  And not hidden but also very, very telling is that you, among others, have all shown up just today to point out things most of us have already known for a long, long time. How can we ever thank you?    You seem terribly beset by angst and anxiety over the trivial, the banal, and the mundane, though, so may I suggest you not go out in bright sunlight?  You ...more  
Comment by OutofEden on Jun 03, 2021 3:06pm
So you already noticed, and you all already knew that they have switched their focus to finding orogenic gold deposits in the Mosquito Creek Belt to fill the plant with economic ore rather than from conglomerates????   Must have missed that news release
Comment by TXRogers on Jun 03, 2021 6:47pm
  One important note is that DeGrey's discoveries are mostly refractory ore as I understand it.  Which  could not be processed at Nullagine anyway. Tx
Comment by BetontheFed1 on Jun 03, 2021 4:25pm
OutofEden,  yes not much about Egina or Comet/Wells/Purdy's area either.  Major shifts going on.  Looking back, MOY's oxide grades were slightly  less than 2 gpt.  Novo now controls the MOY website and it's hard to get info now.  Don't see why new discoveries would be any higher than that but who knows?  Current resources only support 6 more years ...more  
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