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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 honkytonkgirl1on May 09, 2018 7:05am
297 Views
Post# 28002846

RE:Artemis puts Novo Resources shares up for sale

RE:Artemis puts Novo Resources shares up for sale
Artemis will get around $30M (if they sell at market) and could use this to develop their land packages.

Dave Lenigas must have something up his sleeve as he would never sell Novo shares without being
quite certain that the proceeds can be used for future profits......I would not be surprised if MacArthur
(assays pending) comes into play here. 
 
Bullboard Posts