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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 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

Bullboard Posts
Comment by goldhunter11on Oct 08, 2017 11:07am
257 Views
Post# 26790560

RE:RE:RE:RE:RE:AGM Questions ?

RE:RE:RE:RE:RE:AGM Questions ?Brandy,
If you have not found any link, here is one that indicates the conglomerate thickness at the first bulk sampling station is around 11m (12 July 2017 NR, first paragraph, attached below). They took this first sample very near the surface. Presumably they have drilled through the conglomerate stack to get the thickness (I would imagine that it's not that difficult to punch a shallow, ~20m, hole).

"VANCOUVER, BC, July 12, 2017 – Novo Resources Corp. (TSX-V: NVO; OTCQX: NSRPF) (“Novo” or the “Company”) is pleased to announce that it has found in situ gold nuggets up to 4cm long in primary conglomerates from its first trench at its Purdy's Reward prospect and has collected a bulk sample of these gold-bearing conglomerates for analytical test work.  The sample originates from a one meter thick reef near the top of an 11 meter thick stacked sequence of mineralized conglomerate horizons."

But, Nature would never make a straight line, hence one would expect varation in the thickness, say from 10-20m (pure guess and it could be thinner or thicker...the drill will speak the truth).

https://www.novoresources.com/news-media/news/display/index.php?content_id=232
GH



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