Stockhouse.com uses cookies on this site. By continuing to use our service, you agree to our use of cookies. Cookies are used to offer you a better browsing experience and to analyze our traffic. We also use them to share usage information with our partners. See full details.
I Agree
×
Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Privacy Policy | Disclaimer

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Privacy Policy | Disclaimer
Please Try Again {{ error }}

Send my password

Return to Login
SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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
User Avatar Image
(0)
•••
Comment by Silverwhereon Apr 11, 2018 9:47am
136 Views
Post# 27865458

RE:Trial Mining

RE:Trial MiningPVG = an example of when it all starts to come together properly:
 
https://www.google.ca/search?q=pvg+quote&ie=utf-8&oe=utf-8&client=firefox-b&gfe_rd=cr&dcr=0&ei=YRDOWpMKyorxB-DAncAL

 
PVG NR today:
 
https://globenewswire.com/news-release/2018/04/11/1468287/0/en/Pretium-Resources-Inc-Brucejack-Mine-Q1-2018-Production-Update.html
 
.

wwadehammer wrote: Both QH and De Luca have used the term in recent presentations and interviews so it's coming.  IMO the diamond drilling is more important than the bulk samples.  The drilling tells them where and how much they have to strip to get to the gold bearing layers.  Any grade over 10 gpt within 100 meters of the surface will be economical to mine - very economical.  Bulk samples over a wide area greater than 10 gpt will trigger trial mining, which if sucessful, will trigger a decision on building a plant and starting full scale mining.  Probably over a year to that decision.  Bulk sampling results completed by end of August with permits hopefully in hand to start trial mining.  Will Novo truck the ore to another plant or create some-kind of mobile plant?  I'll bet you could tell us the best way to do that Rhino 10.

Novo will keep exploring for other Purdys/Comet like deposits during that time and will drill down-dip hoping to find fine gold.  Future looks bright to me.  Maybe no huge run-up quick but a slow but steady increase as trial mining proves real value.


Bullboard Posts
Dealroom for high-potential pre-IPO opportunities