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 > .27 GRAMS PER TON ?????

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Comment by SidelineSallyon Oct 19, 2020 9:17pm

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Post# 31745980

RE:RE:RE:RE:RE:RE:.27 GRAMS PER TON ?????

ValuePro wrote: Yes, I did see that, thank you very much. My question relates to conglomerate gold which is not the same thing as gold in gravel. There is another layer of cost in reducing it to gravel, which I assume would be of higher density than other gravels depending on how it is reduced.

...or am I completely off base?

Page 112. Ask and you shall receive vp.

https://www.novoresources.com/_resources/presentations/technical-report.pdf

Its the same as far as I know. Egina is conglomerate that has been ground down to gravel over the ages but its all the same stuff I believe.

Sally

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This battery metals stock is on a path to the global stage