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.

TSX:NVO - Post by User

Novo Resources Corp

Bullboard Posts

Comment by 1Ettingeron Nov 10, 2017 9:55pm

238 Views

Post# 26943991

RE:RE:RE:1Ettinger

Hi Cigarbutts,

One could make a (ethical) case that QH and NOVO hussled DL and ARV out of 50% of Purdys... A feature of Artimis' latest NR is that there is no disclosure as to how the 5 individual transactions were determined, which doesn't arouse my curiosity. I wouldn't expect to see this sort of detail.

Either way, I don't see this new NR as being a "big" deal. However, I am curious as to how much of the squiggly line is at surface.

I will continue to hold ARV. I expect/guess that ARV will increase in value relative to NOVO over the next month or so, which may encourage me to sell down a little of ARV and build up NOVO.

Bullboard Posts

Investors eye Australian gold mining projects amid promising developments