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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 wwadehammeron Jan 11, 2018 10:37pm
294 Views
Post# 27339045

Conference

ConferenceBiggest thing to me was gold in conglomerates is much thicker at Comet Wells than Purdy's Reward.  I beleive QH said up to two meters thick rather than 40 centimeters.  That's a huge difference.  Guess he could tell that by the holes the fossikers left behind.  Kudo's Rhino 10.  Also nuggets found up to 3 meters above basal contact but in lesser amounts at Purdy's.  Hoping for 1 to 3 gpt for 2 meters above the 40 meter rich zone at Purdy's.  1 to 3 gpt is what they have at Beaton's Creek and it's an afterthought at Purdy's.  That should have moved Artemis SP but it didn't do a thing.  Starting to think about moving my shares from Artemis over to Novo.  DL doesn't seem to know how to develop what he's got.  Just puts out NR after NR that don't really move the SP.  He can't seem to concentrate on one thing which in my mind is the conglomerates.  There are conglomerates under Mt. Roe basalt that Artemis controls but nothing is happening with that.  Don't think a buyout of Artemis is coming - at least in the next few months or never.  Novo has so much more land that looks good than Artemis does.  QH said that out of the blue, they recently discovered that fossikers were finding nuggets on Novo controled land west of Karratha.  Novo looks more and more attractive than Artemis.  Just MO - DYODD.
Bullboard Posts