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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
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Post by JB3729on Nov 15, 2017 11:25am
297 Views
Post# 26968253

Paydirt TV Video

Paydirt TV VideoIn the video QH stated that novo has a 3 pronged approach to exploration at the moment. Core drilling, large diameter drilling, and "probably most importantly trenching".

Can anyone with knowledge of WA mining regulations answer these questions:

What kind of hoops would Novo have to jump through in order get a crusher and Steinert sorting machine up and running at Purdys? How long would it take?

I'm assuming that Novo could run all of the conglomerate trench material through the Steinert and separate all the nuggety gold. Novo could still take bulk samples from the trench wall and have them assayed for fine gold. 

This procedure would provide a much better estimate of grade than simply relying on trench samples. I'm wondering if this is not being done due to red tape.

Video -

https://www.youtube.com/watch?v=PWQYmuzzbJU&feature=youtu.be




Bullboard Posts
Dealroom for high-potential pre-IPO opportunities