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 Millskingon Dec 11, 2017 1:55am

236 Views

Post# 27128595

RE:RE:No mention of Processing Purdy's Gold

TXRogers wrote:

wwadehammer wrote: https://www.asx.com.au/asxpdf/20171211/pdf/43q1qcyyrm0bfx.pdf

Since NVO is now officially managing the JV, I don't think ARV can unilaterally declare where Purdy's gold will be processed. But the NR remains relevant and consistent with DL's determination to bring RH online independent of NVO. Regardless of the differing opinions on the value of RH and the time it takes to become operational, DL continues to play his cards correctly IMO. The NR message is clear: ARV will not be bound by NVO and will continue to build its own value. Tx

I agree with most that you say but your still confused with the management of the JV. Purdy gold will be processed at RH .

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