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 Iskyhighon Sep 01, 2018 11:47am

130 Views

Post# 28552738

MOY's

MOY has a good vid.

I was interested in what the've been up to. Ran into this.

The unifying theme to the Otways and Shearers deposits is the close association of mineralisation and conglomerate (Fig. 24). The Otways veins are hosted by, and do not extend far outside of, the conglomerate unit. The Shearers vein, although not entirely hosted by conglomerate, occurs where the conglomeratic unit is offset by a north-trending dextral fault. These relationships suggest that the relative competency of the conglomerate relative to surrounding rock units was an important control on mineralisation.

In, Gold Deposits of the Pilbara Craton: Results of AGSO Research, 1998-2000

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