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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
Comment by Fabrix72on Nov 16, 2020 8:01am
87 Views
Post# 31905245

RE:RE:RE:RE:Fab

RE:RE:RE:RE:FabNot the real Netflix here..It's quite poor. I ended up watching Rick Dalton and Cliff Booth.
I have to say that P.ussycat would be good for a couple of hours...but Sharon is Sharon.


DeathByRabbits wrote:
TXRogers wrote:
DeathByRabbits wrote:
DeathByRabbits wrote:

Tell Bonehead over on ceo that nvo ordered the same machine as was doing the testing in Germany. 40 tph for 850k $ usd. Tell him to get his act together if he wants to debate with an Italian eh. 


DBR

 


It depends on grain size. But if you wanna get the smaller particles, which you do when it comes to gold, then you gotta slow er down eh. Pbly less than 40 tph in practice. 

 


DBR

 



It's actually an interesting discussion point.  

 

My understanding is that these sorters are adjusted to sort in range bound aggregate sizes.  And that you cannot effectively go too far out of these bands - on the coarse side or the fine side.

I also expect that the band range tightens up the finer the gold particles you want to identify and extract.

As a result, I can envision multiple sorters adjusted to different range settings.  This of course results in implications on the crushing processes and their sequencing as well.

Definitely an interesting exercise in process development.  One sorting machine should suffice in testing out the individual steps and individual process steps in the complete sequence.  But I believe it will require multiple machines and set-ups to capture the wider range in the coarse gold sizes hosted in all that ore.

As long as the final AISCs stay around $1000, it's going to be a great business.  And one that Novo will be a leader.

Tx




 

 


Provided the grade is sufficient to be economic Tx. 

 

I think Fab is running out new things to watch on netflix. 

DBR



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