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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 Sep 28, 2020 2:29am
310 Views
Post# 31627620

The CRUX of the matter.

The CRUX of the matter. The CRUX of the matter is whether the business model of producing gold from conglomerates and alluvials is viable in the Pilbara. My opinion is on record.  Mining the alluvials and lag gravels will not work for many reasons and I like Crux have serious reservations about  Beatons Creek. 

All the differing opinions will be proven over the next 12 months . My view is Novo already know the answers - I just do hope the die hard promoters of the Wits vision have the grace to admit they have never understood the challenges involved.  

What Novo do have now is a chance to embrace the structural -intrusive related gold vision which is PROVEN by De Grey a little Aussie battler.

The word is out but the blind are still leading the blind on CEO and on this forum -in total denial of the very fact that Novo if they move heaven and earth have the acreage in the HOTTEST ground on earth and can like DEG and hopefully KAI -NAE - ESS and others leverage what is proven and bring to bear the international capital markets so we all can retire to Cable Beach at Broome lol. 




Bullboard Posts