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.

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Novo Resources Corp

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Comment by Monkeydonkeyon Mar 04, 2018 6:47am

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Post# 27657591

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Two months or less for 1st bulk sample results-Relax on NEWS

allenbow wrote: This assumes KL will sell and there is a bidder in the wings. I wonder who has been talking to whom. Newcrest? Keeping it all Austrailian ...hence the fast tracking by the Aussie govt.? All speculation, of course.. All of it.

You could be on to something with newcrest (and Kas de Luca). But i dont see KL sell. Imo the only way for them (newcrest or another big miner) to take over, is to take over both KL and Novo.
ES and KL have a huge grip on Novo... But i doubt anyone will succeed. I think KL wants to become the biggest by themselves.

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