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.

TSX:NVO - Post by User

Novo Resources Corp

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Comment by Icarusonfireon Jun 22, 2018 3:14pm

101 Views

Post# 28215309

RE:More News This Summer

goldencraton wrote: -

what did I miss?

gc

GC,

One thing that you may have missed (and I still wrestle with) is the two deep holes Novo drilled last year at BC that yielded basically nothing economic. Can anyone answer, why we think this thing is basin wide, when two drill holes (in the most optimistic positions) in BC came up empty????

I can get my head around the fact that BC may have an economic deposit at surface for a few meters of depth. What I can't get my head around is when some folks say this could be basin wide.... when no reefs were present in those two very prospective deep holes??? That seems to be a big anomaly to me. Buehler?

Icarus

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