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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
Post by Rroozeon Dec 28, 2017 4:29am
886 Views
Post# 27236017

QH Interview Jay Taylor: In closing

QH Interview Jay Taylor: In closing

JT: "What should investors be looking forward to in the near term?"

QH: "In the short term we will have assays from a number of bulk samples. We will also have a size analysis. It will give people some comfort about the grade of this deposit. That's in the very short term and everybody must keep in mind that we're focused entirely on Purdy's right now. We're now going to step out to Comet Well and start exploring there. We're moving out of this little tiny sandbox we've been in and start looking at the bigger picture.

Over the next 6 months we hope to have similar answers to what we have at Purdy's at Comet Well. We'll report those as we find them. There's a lot of gold at Comet Well, we haven't been able to talk about it because the tenements weren't granted. We haven't been able to take rock chip samples and basic work like that and now we're going to start digging in and show the world that the continuity of this thing along strike is quite remarkeable. That it is a very large gold system and that Comet Well expands this thing dramatically. So over the next 6 months we hope to show people that this is a viable gold discovery. We will probably have to implement bulk sampling, perhaps bulk mining. Those are things that I can see in the six to twelve month period, even 18 months out.

And lastly I would like to add that a lot of people will hit themselves over the head having sold or missed out on this opportunity."

I'm joking this last sentence wasn't Quinton but I could hear him thinking it.

Nice words nonetheless.

Cheers

Bullboard Posts