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 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.

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Novo Resources Corp

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Comment by 1Ettingeron Oct 26, 2017 3:28am

327 Views

Post# 26860476

RE:RE:RE:RE:RE:Circling the waggons

Tx says

"I keep on refering to the same basic point. The individual that stated that Radio Hill is a "heap of rust" is no other than Quinton Hennigh himself. And also proclaimed in the share holder meeting that NVO would not endorse using the plant.

"You can't expect anyone on this board to ignore that minor detail. And to be blunt, I seriously doubt that DL will incur real expenses to complete his fantasy project outside of the JV.

1. ...the opinion of a fine geologist trumps an independent report by professional process engineers with regard to the state of Radio Hill.
2. ...DL commissioned the independent report on recommissioning Radio Hill in April, prior to any thought of a JV with Novo. Further, in the recent Allan podcast DL mentioned that he already had banks lined up..."for this fantasy project".
3. ...in the last week or so in some podcast I recollect ES making a neutral/positive comment on the utility of Radio Hill.

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