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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
Comment by PulpCutteron Sep 24, 2018 7:11pm
84 Views
Post# 28681567

RE:Want an improving SP

RE:Want an improving SPName any reason QH would not do that, other than it would more quickly expose that even Purdy's cannot be economically-mined.  There's gold there.  Hundreds of fossiker holes demonstrate that point.  The problem is you cannot tell where the gold is not; and you don't want to mine, ship, process, and reclaim thousands of tons of empty rock.

cabmerlo wrote: Here is a little information that the 29 who have got me on ignore will not get, and clearly do not get it!!!

Quentin Hennigh / Novo appears to be lost in their way of progressing this large system. 
QH repeatedly talks about digging trenches, digging 2x2x.05 holes and sending samples off to the undeliverable SGS plant.
While continuously stating that bulk/mining is the only way to deliver progress from this Basin wide system.

Well here is a light bulb moment for QH.

He has a Joint Venture Partner in Artemis that in a matter of weeks will have a functioning mining plant up and running with permits to process tonnes of dirt from the rich Purdys Reward Tenement that Quentin also shares a 50% interest in.

Yet he either goes out of his way not to mention this or has no interest in using what he says is required to get the job done and it is at his finger tips. Go figure ????

Want a rising SP and progress, all Quentin needs to do is state Novo are going to be processing dirt through Radio Hill and not only grades will be delivered, but Novo will actually be in PRODUCTION all before Xmas.



Bullboard Posts