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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 JB3729on Nov 14, 2017 12:29pm
204 Views
Post# 26960377

RE:RE:RE:Why I'm not seling NVO

RE:RE:RE:Why I'm not seling NVORE:RE:Why I'm not seling NVO
You might be right but why do you say that the odds are increasing every day that QH is wrong?  We're awaiting drill results. Do you know anything beyond that?.

Did someone really say that?


Guess they didn't read the last press release. From that PR -

Dr. Quinton Hennigh, President, Chairman and Director of Novo Resources Corp, Comments.
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We are pleased to see this level of fine gold and are excited to commence our trenching program in earnest at Purdy’s Reward.
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 Information gathered from these trenches is already proving invaluable.
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The geology is telling us we are in a favorable geologic environment.
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We have further indications of a significant fine-grained gold component in this system, something that could prove to be very important as we evaluate this project.
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Bulk samples extracted from trenches will prove critical to helping establish gold grades. In short, this is our first close-up view of this deposit, and we are quite excited by what we see.

Bullboard Posts