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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Comment by sonofeion Jul 31, 2017 12:32pm

208 Views

Post# 26529154

RE:RE:RE:It is standard practice

Goaweigh wrote: Of all the sections to choose from I'm interested to know how they chose this one 2 meter X 2 meter section. If it was purely random and I think that's very possible, then how likely would it be that they managed to chose the only section amongst thousands of possible sections that contained nuggets, not very likely, so there could be an abundence of nuggets.
If the nuggets are a meter under overburden can a detector read that deep and if so maybe this section was chosen and not entirely at random. Now that being said and if nuggests are in clusters and not uniformly dispersed can you use IP technology or some other form of mineral detection on a larger scale to pinpoint where clusters of nuggets might be and mine those areas accordingly ?
And finally I'm interested to find out if the matrix runs gold, that could be a gamechanger regardless of the nuggets, if the grade is high enough of course.
Any ideas about the technology we could use to target areas with higher concentrations of nuggets if that proves to be necessary.
Thanks

battleready wrote: A bulk sample is a good idea here. But! One 700 kg sample can not be representative of the mineralization.

Precisely what I thought. We could be surprised at the amount of fine gold and not just nuggets. A photo posted on Novo's website shows a fine gold halo around the watermelon seed nuggets.

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