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 UPSIDE

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Comment by tbnorthstaron Dec 20, 2020 5:54pm

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Post# 32149871

RE:RE:RE:RE:THE UPSIDE

TXRogers wrote:

mrbubba wrote: Makes sense to me.

But it seems to me if all this works out Novo will need another, large-capacity mill.

Probably will in the future. And one that accommodates refractory gold ore as well.

Tx

Plenty of upside here for sure but maybe we wait and see how long it will take to a 100,000 ounce per year run rate. Sorting material coming sometime down the road. A lot of tinkering to be done out in the field commencing in April.

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Advancing flagship Ishkõday Gold Project in Ontario