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 6,700 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 lithium joint ventures with both Liatam and 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

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Comment by Nutbagon Apr 25, 2018 10:24am

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Post# 27937379

RE:80 nuggetts estimated weight?

I did a comparison to the photos of the good bulk sample from August. That one had 35 nuggets in .54 tonnes. It assayed 67gpt. This one has 80 in 7.1 tonnes. If you assume they have the same size distribution and fine content, then you are around 10-12gpt. A good start for grade!. Now how about getting more than smidg of data every two months?

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Geologica Resource: Polymetallic upside at a depressed price