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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 Rhino10on Nov 27, 2019 10:33am
210 Views
Post# 30397812

Novo Ore Sorters

Novo Ore Sorters All the howler monkeys on CEO and the local residents in a lather with non stop news on ore sorters -but Novo still have no proven gold resources. But that's old news - - I am going to take it up to Novo with a deal on conglomerate gold acreage and alluvials. Including the quaintly named lag gravels - 

My new company will do it differently and demonstrate what I have been saying relentlessly for three years -delineate gold resources with trial mining -on site -with significant tonnages -not laboratory scale plants. Novo are once again commiting the cardinal sin of shipping off small bulk samples to Perth and Sydney  -aka SGS all over again - beggars belief - with sample sizes - selective sample sizes- which in no way will be representative of the materials physical characteristics or average grade. 

I intend to use wet gravity plants which WILL produce gold - actual gold and cash flow. I will even hire an ore sorter -lots of them around to hire - to work in tandem with  wet gravity. Difference is we will be producing gold and producing results in real time mining the conglomerates and alluvials -not beavering away with years and years of testing. You CANT produce meaninful results any other way. 
I love it - all the high net worth Canadians are desperate to see some real action in the Pilbara - Huge new acreages being pegged in the Hamersley Basin too - its wide open . Stay tuned - 
Bullboard Posts