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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 > The rock is "too hard"
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Post by WisGuy1on Nov 29, 2020 9:47am
820 Views
Post# 31996455

The rock is "too hard"

The rock is "too hard"@goldenarrow @permabull Brent Cook never said the rock is "too hard". He said it is "very hard" in a vague explanation about the fine gold content not being enough to justify his investment. It might be best if you read up on the Steinert ore sorting tests during 2019 and 2020 where they vastly improved the scanning and beat TOMRA. All those tests by TOMRA and Steinert were done after crushing the rock with zero mention by $NVO of the rock being a concern because it is "too hard". This false rumor needs to be put to rest. In fact, I remember QH saying in an interview that when they crush the rocks, the nuggets "kind of pop-out" sometimes and become visible. Karratha rock is not too hard to crush to the sizes they need to process.
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