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 Monkeydonkeyon Jun 22, 2018 3:41pm

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Post# 28215563

RE:RE:RE:RE:More News This Summer

Icarusonfire wrote:

Monkeydonkey wrote:

That is from before i started following Novo. So i dont know about those deep holes... But since when is BC the most optimistic position?
The best position for a deep hole would be somewhere in the middle of CW and BD.

Monkey,

If I remember correctly the two positions chosen for the drilling, was where the two lines of drill holes with the best assays intersected, or was it where two shear zones intersected? Can't remember.
Nontheless, the position was chosen as the most prospective position AT BC. We had no ideas with regards to the basin back then. Nor did we own any land in the basin then.

Respectfully,
Icarus

I dont know much about BC, other then we can expect an upgrade soon. Based on what they learned at Karatha. We shoulde see a grade around 5gpt. And i think they (the japanese) will build us a mill...

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