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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 26, 2018 4:23pm
92 Views
Post# 28696164

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

RE:RE:KL getting monkey-humped again, and this time without the And the KL board's response was?  Shet away another $25M on Osisko.  This while KL is sitting on an ocean of documented 20 g/t ore, in the remaining 4 historic mines of Kirkland Lake township; which are 1) richer, 2) much better documented, and 3) immediately adjacent to a mill they are not filling.  These mines were richer than Macassa, and were shut down in the mid1960s due to the $35/oz price for gold, and the difficultly of deep mining; an area that present-day KL is the world leader in. 
goldminer01 wrote: KL buying into Novo was an unmitigated disaster.  $100M in profits for the 2nd half  of this year down the toilet.


Bullboard Posts