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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

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Post by glasrado on Feb 09, 2023 9:08am

Today..

 

ORIGINAL: Significant New Gold Targets in the Mosquito Creek Basin

 

2023-02-09 08:55 ET - News Release

  • New basin-wide exploration strategy implemented in the Mosquito Creek Basin (“MCB”) proving successful in identifying high priority targets
  • New targets identified at Finucane over two parallel zones of gold and pathfinder anomalism in soil sampling, extending the prospective Middle Creek Fault further east. Each zone trends some five kilometres, with gold assays reporting up to 907 ppb
  • Surface rock sampling at Sayshell reported assays up to 66.6 g/t gold and 26.5 g/t gold, and ~240 grams of gold was recovered from surface nuggets, with results defining a new mineralised corridor > 500 m in strike, north of the Blue Spec Shear
  • Finucane and Sayshell follow-up exploration programs include aircore drilling planned for 2023
  • A review of the Beatons Creek gold project (“Beatons Creek”) Mineral Resource1 is being progressed following completion of drilling in 2022
Comment by BetontheFed1 on Feb 09, 2023 2:46pm
Just over 1 year ago Novo issued news about the Parnel/Vulture trend.  They said they were going to do follow-up drilling therein 2022 but never did.  Now just over a year later Novo finds another trend with good rock chip samples that it's going to drill (wink, wink) in 2023.  Just more BS to string us along. https://novoresources.com/wp-content/uploads/2022/01/2022-01-21.pdf
Comment by mortgages101 on Feb 10, 2023 1:05pm
I am just happy they found more "gold targets" to add to the numerous other "gold targets" that have come and gone. Wisguy have you asked QH why he went looking to Bolivia for silver while apparently there are many "gold targets" in the Pilbara.  I'd be a tad worried, last time QH purchased a mine well That company dropped 90%. 
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