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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 Rroozeon Jan 15, 2018 12:31pm
186 Views
Post# 27359792

RE:Fine gold

RE:Fine goldRemember the CRA hole on Artemis' ground where they strook 11.7g/t at a depth of 1,700m. No way that was a nugget, considering that grade and the fact this was small diameter drilling.
sonofei wrote: Reading into every word that Quinton Hennigh says on his interviews, I found it interesting that he repeated that it would be very unusual to not find fine gold somewhere in this system.  He said something like "there could be fine gold at Comet Well or into the basin".  Sounds to me that he is hoping or expecting it to pop up at some point.

NVO is clearly trading weakly now but at some point I think things will turn upwards and blast off.  In the next few months I am looking forward to thicker and richer conglomerate layers at Comet Well and the potential for fine gold to change the game.  The trick is to see where we bottom and back up the truck.  Quinton has us guessing, we could get news tomorrow and today could turn out to be the best point to buy, or it could be a month from now.


Bullboard Posts