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 goldhunter11on Dec 22, 2017 11:06am

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Post# 27215395

RE:RE:sample size

Rroose,
I noted that you were quoting dear Bob M. for the conversion of 167.5 grams of gold into a cube of gold having a 15mm (or 1.5cm, the reason for using cm is that 1 cubic cm is a cc, and 1 cc of water weighs 1g). I beleive Bob got it wrong. He used the sg of 2.6 for the rock as well. This is pure gold 167.5 g of it and he only needed to use 19.3 (sg of Au). The correct conversion should be as follows:
167.5g of Au/19.3 = 8.68cc; take the cubic root of that = 2.05cm = the side of the cube (not 1.5cm). This cube would drag the ear lobs longer on the ground.
Kindly check my math to make sure that my head has not gone bonker (not enough espresso yet).

Note: I have no problem with his humour about the ear lobs. Also, your perspective about the cube of pay dirt is quite relevant in making our decision.

Why not just take large samples (at least 1m3, =2.6 tonnes, = say 1 scoop of a front end loader) rather than playing around with puny samples (like 1/3 of a tonne)?

GH
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Rrooze wrote:
Or as our dear Bob describes it nicely:

If you can visualize a cubic meter of rock, it contains about 2.5 tons. If you have 67-g/t material, therefore you have about 167.5 grams of gold. If it were in one cubic nugget, it would be about 15 mm or about .6 of an inch. That’s small enough to hide in your ear if you don’t mind your ear lobes dragging the ground.

So what we have to date is 5 bulk samples weighing 1573kgs, delivering 1oz/tonnes.

But remember this isn't even a cubic metre. For clarity 1 cubic metre is a cube with 40inch sides.

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Rrooze wrote:

1 cubic metres of rock weighs 2600kgs, so if you take a sample the size NVO did here (about 350kg) and envision it as a cube (whereas 1m³=edge 1m) then we would have a cube with all edges measuring 0,53cm or 21inches.

Now that's a tiny cube to make your decisions upon.