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 5,500 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. 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 a lithium joint venture with SQM Australia Pty Ltd (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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Comment by zentrarianNZon Jun 12, 2017 4:00am

288 Views

Post# 26351139

RE:from the horses mouth

I'm convinced that Novo is going to be huge.

I originally bought it as a high spec play based on QH's theory about the Witwatersrand analogy. (Imagine if he turns out to be right about that: finding the equivalent of whole new South African gold field in Australia!)

But now I think NVO is a safe bet even if that turns out to be a total pipe dream. Between BC, Blue Spec, Nevada and now Comet, there's probably enough gold waiting to be found here to power a mid sized gold miner for years.

And I doubt if QH is done yet.

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