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 Blazesbon Feb 09, 2018 12:59pm

170 Views

Post# 27534373

RE:RE:RE:RE:RE:RE:RE:Comets Well

allenbow wrote: Question: If the samples include a series of down dip samples to demonstrate gold continuity into the basin, why would it be a non-event, especially if considerable distance from strike?

allenbow...I think 'non-event' is just a representation of current market sentiment.

Investors are waking up to the reality that rather than proving up the resource by taking the fast track to production called mining Novo has chosen to be Kirkland Lake's exploration boutique.

Rhino, BM and others do not approve. Apparently, neither does the market. Can THAT change with home run assays from Purdys? We shall see.

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