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 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

Novo Resources Corp

Bullboard Posts

Comment by adirondackon May 29, 2018 11:57pm

169 Views

Post# 28097181

RE:RE:RE:RE:RE:RE:What if ? ? ? ?

TX
With fairness to Artemis they put their gold prospects into the Novo/Artemis JV. Smart move at the time with QH leading on conglomerate gold. Seemed reasonable. Artemis could then focus on their other projects. Great strategy except for one outcome.

Novo slow walks the JV.

Artemis has handled it's situation rather well. It lags for reasons other than management.

Bullboard Posts

Paramount Resources signs $3.32 billion asset sale