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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 brandy2000on Oct 23, 2017 7:33am
253 Views
Post# 26843538

RE:RE:RE:RE:OscarWits vs. Purdy's Reward

RE:RE:RE:RE:OscarWits vs. Purdy's RewardReally one needs to treat these two releases last night with a grain of salt. DL is in discussions to arrange a loan. Not an easy decision to go public before terms are finalized. So nothing official and very hard to verify what ARV has on its own. Looks like the trip to the east was good for DL in getting out his play. However, He is clearly stepping on the gas peddle with 15g/t comment and within a year may be able to mill his own ore. The game Canadians play is a slow measured approach to identify and confirm. DL has already decided the outcome of the two points above and he is moving on just like Bob M said. Remember Purdys is not thought to be the best kingdom. 

Imagine if you will what this kind of tonage at even 5 or 7 grams would be worth. Beeton’s creek at 2.75g/t is Dwarfed and Purdys Reward still another monster play is an also ran effort. The dozen or so finds to come as Kaiser commented on the weekend will come to fruition.  Middelkoop said the same thing in that there will be a few open pits in wits 2.0. 

So the gold rush game is on.....
Bullboard Posts