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Novo Resources Corp T.NVO

Alternate Symbol(s):  NSRPF

Novo Resources Corp. is a gold explorer focused on discovering gold projects. The Company is engaged primarily in the business of evaluating, acquiring, exploring, and developing natural resource properties with a focus on gold. It has a land package covering approximately 6,700 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. Its key project area is the Egina Gold Camp, where De Grey Mining is farming-in to form a JV at the Becher Project and surrounding tenements through exploration. The Company is also advancing gold exploration at Nunyerry North. It focuses on undertaking early-stage exploration across its Pilbara tenement portfolio. It has also formed lithium joint ventures with both Liatam and SQM in the Pilbara which provides shareholder exposure to battery metals. Its Belltopper Gold Project comprises the adjacent Malmsbury and Queens projects.


TSX:NVO - Post by User

Bullboard Posts
Post by Wallstreet1112on Feb 07, 2017 3:59am
479 Views
Post# 25808453

Novo Increases Grade by 55%?

Novo Increases Grade by 55%?From 321gold.com (Bob Moriarty):

"Novo Resources (NVO-V) just sent out a press release last week that caught my eye because of the implications. I did the math on the results and it appears to me that these tests show the grade of the Beaton’s Creek deposit has increased by 55% over what the company originally believed."

Rest can be read here: https://www.321gold.com/editorials/moriarty/moriarty0206b17.html


Bullboard Posts