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

Bullboard Posts

Comment by Monkeydonkeyon Jun 27, 2018 12:35am

239 Views

Post# 28234409

RE:RE:RE:RE:RE:Hello Rhino

TXRogers wrote: Good for you, GC. You should receive your expected answer. Now what happens after a mining license is obtained will likely be an extremely interesting next phase of the board discussions. Tx

My guess is they will JV with KL and they will start building a mill shortly after. Without a proper feasibility study. No need to waste money on that, the gold is there.
They just gotta put a plant together that is suited for this beast, and go ahead.

Bullboard Posts

Advancing flagship Ishkõday Gold Project in Ontario