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 > POTENTIAL - DO THE MATH

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Comment by tbnorthstaron Dec 18, 2020 10:28am

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Post# 32139501

RE:RE:RE:POTENTIAL - DO THE MATH

For all those doubters who ask what the diluted grade will be, stick around. I will estimate 2 grams plus unless they really all out and push the mill to its very maximum capactiy, then the grade might slip a small bit. Ore body is very forgiving here. But then again, I could be TOTALLY wrong here. Should know more within 90 days or so.

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Advancing flagship Ishkõday Gold Project in Ontario