Novo Resources Corp T.NVO

Alternate Symbol(s): NSRPF

Metals & Mining Gold

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

Novo Resources Corp

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Post by Wallstreet1112on Mar 07, 2017 1:24pm

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Post# 25944975

big Novo update

Wrap up of News relase for $NVO : Looking to spice up their mine plan by potentially add cyanice leeching because of the excellent test results. At the same time they will drill Beatons Creek and try to add more ounces. They have also drilled a few wild cat holes (White Spec, Magic Mountan, Mt Hayes) 9-35 kilometers from old holes that encountered gold. No absolute block buster results, but this suggests that there is gold all over Novo's concessions. On the whole I am more positive even though we will have to wait a couple of months extra (with good reason!). Best regards

Press release: https://www.novoresources.com/pdf/news/2017-03-07.pdf

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