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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 Plum62on Aug 23, 2019 7:49am
84 Views
Post# 30058240

Think - Surface Miners - large scale surface ore extraction

Think - Surface Miners - large scale surface ore extractionhttps://www.wirtgen.de/en/news-media/press-releases/article_detail.2561.php

"Conventional mining methods involving drilling and blasting were dominant until recently; since 2007, however, one of the continent’s largest iron ore producers has been banking on the innovative technology offered by the Wirtgen surface miners. The mines operated by Fortescue Metals Group (FMG) are Australia’s first large-scale project that uses surface mining as the main mining method. As many as 43 Wirtgen surface miners have become vital keys to the economically efficient mining of high-quality materials in FMG’s iron ore mines.

Cut costs; improve product quality – the advantages of selective mining" ....


Bullboard Posts