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Novo Resources Corp T.NVO

Alternate Symbol(s):  NSRPF

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

Bullboard Posts
Post by Silverwhereon Sep 13, 2018 10:01am
156 Views
Post# 28611379

Rhino10 quotes

Rhino10 quotes
“I have been prospecting the Pilbara since 1968 and we have never witnessed the exact type of situations now occurring. I owned most of the Mosquito Creek succession at one stage and I would never have imagined as much gold existed as Millennium are now discovering.”


“the story with MOY demonstrates how little we knew fifty years ago. The Pilbara was never considered' real gold country '-never anything significant had been found but I suspect that perception might change -the jury is still out.”


"Similarly my long time mate and partner at various stages Garry Mullan owned Klondyke and we owned it in Jupiter Mines and it was sold for $400,000.  When Garry did a deal with Les Emery a very well respected geologist and later quit the project Les told me he would not value Klondyke at more than $100,000. Well fast forward and Calidus are proving up what appears to be a fair sort of resource at WarrawoonaA different set of eyes - "


“Now all this is structural gold and the jury is still out on the conglomerates but with so much gold being discovered along the Mt Roe contacts I dont think you can say it is not basin wide nor do I think we can write off the prospect of some major discoveries in the conglomerates.”


“my motto is 'if none would have looked none would have found'


Of course there’s some classic suck it and see Rhino10 thrown into the conglomerate mix:
“if it is there in big mobs mate we will just mine the f--g thing -not stuff around like Novo.”



Wow. “You can’t make it up”.
 
 
 
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Bullboard Posts