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 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.

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Novo Resources Corp

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Comment by goldhunter11on May 28, 2018 1:48pm

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Post# 28089513

RE:~67km

Iskyhigh,
The emphasis is on the 47 Patch, which is nextdoor to Novo 100%CW. The amound of gold found in this Patch is quite impressive as shown in Figs 3,4,5 and 6.

ARV is quite good in reporting the nuggets in more (useful) detail than Novo. They actually gave the total weight of the nuggets in grams so you could have some kind of estimate for the grade. (Note: we still haven't got the weight of the nuggets of the first sample from CW form Novo...what the reason for the secrecy here?)

Even though they did not give the size of the nuggets, the dimension could be estimated (will be done later). Nice size, a largest one in Figure 3 is approx 2oz, just be eye-balling and some simple math.
Cheers,
GH
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Iskyhigh wrote:

Artemis has identified ~67km of conglomerate and Mt Roe Basalt contact immediately west of Novo Resource Corp’s Comet Well. • 3.6kg (115 oz) of gold nuggets now recovered from 47K Patch. • Fine gold also evident with gold nuggets recovered from 47K Patch.

Comet Well West C onglomerate Gold Update