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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
Comment by battlereadyon Jul 31, 2017 11:18am
188 Views
Post# 26528713

RE:downdip angle

RE:downdip angleThe press release July 12th "The bed of conglomerate that was sampled is approximately one metre thick and belongs to a stacked succession of mineralized conglomerate horizons approximately 11 metres thick. Strata dip at about 17 degrees to the southwest at Purdy's Reward prospect",

Be careful about the 11 meters thick idea. These quartz pebble congolmerate pay zones are usually 1 meter thick.


Bullboard Posts