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
Post by BillSmith9on Jun 04, 2018 12:14pm
279 Views
Post# 28120408

Let’s review a few of Novo’s “terrible” news releases:

Let’s review a few of Novo’s “terrible” news releases:

May 31, 2018:  10.4g/t from a 7 ton sample,and 1.5 g/t from a 6.8 ton sample of footwall dolerite.


April 25, 2018:  Novo reported numerous gold nuggets in the preliminary processing of the Comet Well sample.


February 14, 2018: Purdy’s - “Grades of 87.8, 46.1, 10.6 and 15.7 gpt Au were obtained from samples of this material from trench 1 and 17.7 gpt Au from a sample from trench 2.”  “samples of this [footwall dolerite] material yielded grades of 4.1, 0.4 and 0.03 gpt Au from trench 1, and 2.2 and 2.7 gpt Au from trenches 2 and 3. The press release continued with more results and a detailed explanation of their sampling process.


December 21, 2017: “Receipt of first bulk sample results including 15.7 gpt Au from a 304 kg sample of basal conglomerate from Trench 1 and 17.7 gpt Au from a 371 kg sample of basal conglomerate from Trench 2.”  There was also a lot of material explaining their thorough sampling process.


November 2, 2017: “The weighted average grade of two splits of this bulk sample was 67.08 gpt Au.  Approximately 82% of the gold in this sample was determined to be coarse, mainly nuggets displaying several interesting characteristics.”


Novo has pretty much had news releases at least monthly.  They tend to have elaborate details explaining process.

https://novoresources.com/news-media/news/

 
Bullboard Posts