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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 paulindoonon Dec 23, 2017 8:46am
441 Views
Post# 27221228

RE:RE:RE:RE:RE:RE:RE:Eric Sprot comments

RE:RE:RE:RE:RE:RE:RE:Eric Sprot comments Rhino10 ...You especially, with yr “prospector” experience and point of view at looking at all the geo info, are truly a breath of fresh air. Lots of us are not deeply versed in understanding (beyond superficial top layer) geology and perhaps worst still, interpreting what we read. So when posters like yourself ( & TxRogers) come share yr understandings, we ALL benefit.

i have been disturbed re the fact that fossikers, using shovels, for no powered equipment is allowed unless they own the tenement, have been able to continuously find visibly lg nuggets, at surface or at least shallow depths! Since Au is heavy, where do those nuggets strewed all over the place, & at surface, come from? But I also refer to the vids showing lots of red circles where metal detectors have indicated presence of minerals (am I correct to assume the metal detectors indicate Au minerals only?). Some of those red circles were cracked open to show Au nuggets inside conglomerates. 

Soputting the the two scenes together, one logically assumes that the Au must be there in substantial quantities. Only issue remaining is to define where “there” is?? Yr lg bulk digging/trenching makes sense to me.
Bullboard Posts