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 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

Novo Resources Corp

Bullboard Posts

Comment by Monkeydonkeyon Dec 21, 2018 5:03am

150 Views

Post# 29144781

RE:RE:Why Novo Resources Has Massive Upside from $2.00 BM on JT

I agree that the CW results are not that great. Ore sorting can make it economic, but it's not what i was looking for.
But you must have missed their reporting on Egina... Which is near surface and doesnt resuire crushing.
Here's the translation of that imo:
https://www.stockhouse.com/companies/bullboard?symbol=v.pac&postid=29144777
You can get 3/4 of novo's holdings at Egina for 1/10 of the MC!

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