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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 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

Bullboard Posts
Comment by Wallstreet1112on May 07, 2018 5:52pm
184 Views
Post# 27994031

RE:RE:RE:Keeping the complexity of the deposits in perspective

RE:RE:RE:Keeping the complexity of the deposits in perspective
TXRogers wrote:
Iskyhigh wrote:
TXRogers wrote: Once again, This one always stays imprinted on my mind: https://www.stockhouse.com/companies/bullboard?symbol=v.nvo&postid=27319034


... and of course there could be layers to the cake.

[img]User image[/img]
 


But of course. What shoreline and fluvial system ever remained consistent over a couple hundred million years? We just need to understand these potential complexities and not get spooked by the inconsistencies that lay ahead. It will offer great entry points to accumulate stock when the market experiences its temporary seizures. Tx


Good points as per usual TX. I do remember QH talking about both fluvial and later marine reworking. Will probably end up being everything in between. Given how good CW looks, I'm pretty confident at least a nice portion will be very much economical, even though the grades might jump all over the place at times. As we head more down dip, I'm expecting the variability starting to decline... Anything can happen near shore I suppose. /HH

Bullboard Posts