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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Comment by wwadehammeron Nov 21, 2017 11:00am

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Post# 27003405

RE:RE:RE:RE:Quiet

brandy2000, yes, lack of news flow is causing some with large profits to sell off a portion to reduce their risk. Might not get any news until after Nov 30 as KL will be shopping for goodies once listed on the aussie exchange and QH/ES don't want to start a big run-up until they grab what they want. Wonder how much in stock QH/ES are willing to give up for some of the companies? Maybe 50/50 JV with De Gray and or KAI. Most likely targets to me. Early December will be exciting.

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