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.

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Novo Resources Corp > EGINA

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Comment by TXRogerson Dec 12, 2020 4:42pm

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Post# 32094050

RE:RE:RE:EGINA

mrbubba wrote: So, sorters could be used in all other deposits? Like an epithermal deposit? If so, then it seems QH/Novo are on the the cutting edge - and the world will be watching. As I understand it, sorters will enable miners to transport more of a concentrated ore to the mills, thereby increasing the head grade. It just occurred to me that Rob McEwen was saying the other day that in 10 years everybody will be using sorters.

No, not really.

Sorters cannot be effectively used on every deposit . They are being applied (in our case) specifically to coarse gold hosted in conglomerate or aggregate ore. Coarse gold that must be physically extracted.

There are other gold deposits that are refractory in nature and more complex. Where gold is in solution within the hosting ore. These deposits require a more complex chemical extraction operation.

Tx