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 6,700 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 lithium joint ventures with both Liatam and 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 HeyBlinkinon Dec 23, 2017 12:41pm

333 Views

Post# 27221856

RE:Finally

Redflame wrote:

Rhino 10, what you're saying is there is some gold from top to bottom and Novo is lying through its teeth about the 40 centimeters. Can't argue with you one way or another. Seems like a lot of expense to dig up an average 8 meters or so of conglomerates but whatever it takes.

Figure 3 from the November 2 news release would seem to directly contradict the 40cm assertion.

User image

Original Fig 3

No, the diagram is probably not precisely to scale, but It sure infers to me that the concentrate referred to in Figure 6 is more than 40 cm from the basement. Now you see it, now you don't?

It would be great if someone from Novo could be a little clearer on what they are trying to say, especially when news releases seem contradictory.
HB

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