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

Sign In

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

or

Please Try Again {{ error }}

Send my password

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

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 Monkeydonkeyon May 21, 2018 8:19pm
198 Views
Post# 28061297

RE:up to 10 ounces?

RE:up to 10 ounces?Still a long way to go to reach a record https://www.bullionstar.com/blogs/bullionstar/worlds-largest-gold-nuggets/
I can see them find some larger nuggets as well, like this one https://www.newser.com/story/197652/fist-sized-gold-nugget-goes-up-for-sale.html

Looking forward to those kind of NR's, the mainstream media might pick up such things :).

What really caught my eye was the thousands of 1.5-2g nuggets (someone on ceo mentioned it as well). We can safely assume that 1.5gpn is a nice average (like we kinda agreed on earlier).

So we had 80 of those in a 7.14t sample, thats 16.8gpt (not including the fine gold). 
I think it's safe to assume the grade of this sample will be 20gpt+. 

Make that 15gpt on average for 4meters to be conservative. I you take 5km-1km-4m-15gpt, thats 25Moz.
Imo novo should be at 10-12cad already based on CW alone.


Novo in the US had a great day. We'll be attacking 6cad today!
Once over 6, not much resistance left untill last years high. Good news in the coming days would do the trick imo. 
Exciting!! (I am expecting a new parabolic move like last year, targeting 25cad)
Bullboard Posts