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.

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Novo Resources Corp

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Comment by Wallstreet1112on Jun 11, 2018 1:57am

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Post# 28152856

RE:RE:RE:RE:RE:RE:RE:Western Australia Mining Tenements and Leases explained

Rhino10:

In a long term view, are you at all worried about the JORC and such? It seems that the main Pilbara bear arguments are; 1) No one will ever get a conglomerate resource estimate, and thus 2) No one will be able to mine any conglomerates on a commercial scale.

I don't agree with them but I would appreciate your take on those two bearish arguments.

/HH

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