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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 willibrichon Jun 13, 2018 5:52pm
260 Views
Post# 28168567

tuff layer may indicate high grade gold

tuff layer may indicate high grade gold
In a recent interview , Quentin said that there as evidence of broken up tuffaceaous material at the bottom of last summer's Purdy's Reward samples ( average grade 67 gm. per tonne ) These Purdy's Reward samples were only 8 to 10 cm. thick and Quentin said that they were on basement rock. No wonder he wants to go back and take bulk samples from this area. The " tuff " could indicate high grade gold conglomerate if more gold was being precipitated out of sea water solution at the time when this " tuff " layer was deposited. Then this layer could help to quantify a resource much more quickly
Bullboard Posts