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.

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Novo Resources Corp

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Post by Traderdmon Aug 05, 2018 10:54pm

239 Views

Post# 28417127

ARV NR/GREAT HIGH GRADE RESULTS

Yes. true width is a problem, depends on the angle of the drill going into the ore structure and how the company has to report, differs with the country requirements. Or, chooses to report the width.

In this case the results are good even with the angle. It is helpful when the company shows the angle in a picture as ARV did and even more helpful when the company reports the true width next to the width through the ore body.

I think these results are excellent and fairly close to DEG’s reserve and they sound similar, are they related?

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