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 yellowbobon Sep 13, 2017 10:33am

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Post# 26689665

RE:Tx, what caused that near 80% DFR drop in 1995?

Don't know; I took a double and left; had stuff going on at that time.
I recall one of the guys was Jean Baptiste or something? He set up a structure to have all his holdings in Bermuda. That was before everyone knew it was going to be huge. I found DFR via it being a holding in Robertson/Stephens Contrarian fund. Originally it was the diamonds just sitting there loose off shore Namibia that they were going after. Voisey's Bay seemed to arise out of the blue.

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