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

Post by mrbubbaon Oct 29, 2020 4:11pm

133 Views

Post# 31807500

QH IS ONE BRILLIANT MAN

On the urging of Eric Sprott, QH took a trip down to Australia and told KL to drill. They didn't quite hit the sweey spot, but QH went down a few months later and advised them to do further drilling. Per Bob Moriarty, the following is what happened:

"On January 17th of 2017 the new Kirkland Lake reported intercepts of 1,429 g/t Au over 15.15 meters, 356 g/t Au over 7.2m and 83.9 g/t Au over 3.5m just as Quinton Hennigh had predicted they would. If Eric Sprott hasn’t sold any of his Kirkland Lake shares, as of today his $240 million investment would have turned into somewhere in the $1.68 billion range. Listening to Quinton and ignoring the naysayers made him a cool $1.5 billion if he didn’t sell any shares."

Bullboard Posts

Understanding tax loss season and the “Santa Claus rally”