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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 Monkeydonkeyon Mar 01, 2018 4:20am
263 Views
Post# 27641898

Interview recap

Interview recapRelistened to the most recent interview, missed this part on the liveshow:
(first he explained that the first Steinert machine was a bit different then the second, which provided some problems)
"I can say that the Steinert technology is indeed sound... The leadtime to order one of these machines is something like a year... We've talked with Steinert about securing us a machine that was similar to the first one, but that will come with time"

He also said in the end that by mid year they are looking to provide a trajectory towards trial mining...
Bullboard Posts