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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 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

Bullboard Posts
Post by Nutbagon Dec 27, 2017 8:40am
523 Views
Post# 27228982

Interesting Wits Picture

Interesting Wits Picture
Tens of kilometres of mineralization is required to create these volumes, but not 60gpt (note average mined grades of about 10gpt mined - probably starts at 15gpt but dilutes).  Don’t know why everyone shat the bed...  can you imagine how silly you will feel if something like this solidified over the next few months...  These are easy to mine when not 4km deep.  If you think the upside is gone you never knew what it was.



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Bullboard Posts