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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 Silverwhereon Mar 16, 2018 6:25pm
276 Views
Post# 27731475

RE:RE:Eric Sprott on Sprottmoney news this AM

RE:RE:Eric Sprott on Sprottmoney news this AMNovo Longs - Have a listen here . . https://www.sprottmoney.com/Blog/makes-me-sick-im-hoping-he-has-to-eat-the-words-eric-sprott-on-the-us-new-chief-economic-advisor-weekly-wrap-up-march-16-2018.html . . . . .
Silverwhere wrote: 1 metre along strike ? ES said it's a bit more than that.
ecomm97 wrote: Eric was updating 3 of his stocks this morning. He mentioned that in the 4th Q Kirkland Lake had earned more money and more cents per share than both Franco Nevada and Agnico Eagle.
He also mentioned that he owned more than 20% of Garabaldi Resources and was hoping for a bigger resource than Voiseys Bay. finally he provided some upbeat thoughts on Novo. He said concensus had progressed from half a metre to 3 to 4 meters of conglomerate thickness. Multiple scout holes have consistently found this conglomerate thickness approximately 1 metre along strike and 2-400 metres down dip. He said this would be like mining coal. He also added that NVO was added to the GDX - I think he meant GDXJ this afternoon. He finished with "all we need now are the assay grades"




Bullboard Posts