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 6,700 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 lithium joint ventures with both Liatam and 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

Novo Resources Corp

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Comment by LiquidForumon Oct 02, 2018 7:33pm

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Post# 28733439

RE:Egina gravel processing.

bilbobaggins.midearth wrote: Consider: If every square kilometer of three meter deep Egina gravels contains 67,000 ounces of gold. and there are over 5 million feral donkeys in Australia (https://en.wikipedia.org/wiki/Feral_donkeys_in_Australia ) available at no cost. If you assemble teams of two men and a mule and equip each team with a large gravel scoop then 5,000 such mule teams could move a 10,000 ton bulk sample (probably big enough) to a battery of Steinhart X-ray sorters whose output could be loaded aboard a fleet of trucks to be conveyed to the lab. Results of the assays could be ready as early as 2024!

WOW SOME DO UNDERSTAND!

Bullboard Posts

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