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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 Monkeydonkeyon Feb 09, 2018 3:36pm
166 Views
Post# 27535872

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

RE:RE:RE:RE:RE:Comets Well
Monkeydonkey wrote:
Monkeydonkey wrote:
TXRogers wrote:
Monkeydonkey wrote:
Rocker66 wrote: Maybe some of you guys in Aussie Land can answer this question. Are they doing any work at Comets Well right now. It seems to me that in Hennigh's interview he said they wouldn't be working there until around the end of February. So does anyone know what they are doing over there right now.



 
Leo confirmed by mail that they started work at Comet Well at the end of januari.
He also said that they expect to give an update on it in three weeks.
And he said "hopefully" news on Purdy's this week (so i wouldnt really count on news today)
 
(E-mail sent at the beginning of this week)


Maybe it's just me, but I believe we have already received the NR concerning the Purdy's sample results.  It came this past Tuesday when they announced that "Novo Secures Test Plant for Processing Bulk Samples.  And more secifically, the statement:

"The Company’s previous news releases have described the nuggety nature of mineralisation at Purdy’s Reward and Comet Well. In gold systems containing a high nugget effect, the statistical impact of this means that a relatively large sample size is required to ensure the resultant assay grade is better representative of the surrounding material. In ongoing trenching works at the Company’s Karratha gold project, Novo will be excavating a series of 5 tonne bulk samples. Samples to date have mostly been in the range of around 300kg."

So despite all of Leo's lip service to the inquiries he receives, he is technically correct.  We got the news we needed this week about Purdy's samples.  

Translation of the above NR:  Purdy's samples are non-representative and irrelevant. 

There is your news.

Tx


Possible but i dont think so. Mabye they give Nagrom and ALS together... Just sent an email about it, will post when i get a reply.


Leo's response: "separate, and yes those results will be coming out soon."


So at the beginning of the week Leo said "hopefully this week". Today he said "soon", guess that means monday or tuesday. Hope they come with one hell of a NR (that i hope they are preparing already). We need to change the sentiment here (imo nothing's changed). They are working hard behind the scenes, and on the scene at CW. But i feel the impatience of all you guys as well.
I remain confident that very good times are shortly ahead of us. Hopefully that start next week! Lets get that reverse SHS going!
Bullboard Posts