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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 PulpCutteron Sep 26, 2018 3:04pm
82 Views
Post# 28695347

KL getting monkey-humped again, and this time without the

KL getting monkey-humped again, and this time without the "GDXJ is removing us!" excuse.  Last drill results were same section of Swan resources that had been reported on previously.  As OldFX1 would say, NRing on the same rock, over & over.  KL remains solid in many aspects, IMO, but until she stops buying high-risk juniors - essentially backstopping the personal gambles of her board chairman IMO - she has a fatal illness.  There's plenty of known, documented 20 g/t ore, right there under the other historic mines of the township of Kirkland Lake, for when the board wants to expand the business.
Bullboard Posts