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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
Post by goldhunter11on May 22, 2018 11:48am
322 Views
Post# 28063582

Trial Mining at Beatons Creek

Trial Mining at Beatons CreekFolks,
Just stumbled into this item by the MMG, link below

Trial mining at Beatons Creek by NOVO, 13 Dec 2016, by Denise Deveau
https://www.marketonemediagroup.com/tag/beatons-creek/

This is old stuff (but not too long ago...only ~1.5 years), but I have not seen it discussed anywhere on Novo website (under Project/Beatons Creek). May be I did not look hard enough, but they had 30,000 tonnes of mineralized conglos (that subsequently treated in Novo gravity test plant). If the grade were ~2gpt there would be quite a few oz Au collected.

Math: 30,000 x 2gpt/31 = ~2000 oz Au (~ over $2M)
What has happened to all this? It it discussed somewhere, anyone?

Just wondering, since this was real experience for trial mining. One/QH would be able to learn quite a bit about
- actual grade (this is just like bulk sampling, a large one);
- nugget recovery efficiency of the gravity plant (like one of those sluice boxes show in the Gold Rush/Discovery Channel in the link below
https://www.youtube.com/watch?v=mE_CNnDfac4
- cost to recover the nuggets from a gravity plant.

Presumably, Beatons Creek had a rock crusher for this trial mining, the same crusher that they recently moved to the Karratha area for crushing the rocks at CW?
GH
Bullboard Posts