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 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

Novo Resources Corp

Bullboard Posts

Post by paulindoonon Feb 27, 2018 6:53am

208 Views

Post# 27626224

About RISE but KL mentioned

This item might (mostly) be about Rise Gold BUT KIrkland Lake Gold is in it so might be of some interest. And of course, items re KL, due to KL strategic (part) ownership of NVO is important to NVO. KL per;

”Fast-forward to 2018, and Kirkland Lake just finished a year in 2017 where Macassa produced 194,237 ounces of gold. Today, Kirkland Lake Gold’s US$2.8 billion market cap puts it in the same mid-tier category as Kinross.”