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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

Comment by gatewaon Feb 16, 2021 9:08pm
110 Views
Post# 32581171

RE:Anyone watch the video

RE:Anyone watch the video

I guess I'll reply to my own post, saying no one else must of seen the video.

I have been doing some research and believe the gold bar was approx 400 oz in weight. I took the weight shown on the scale which showed 12439g and converted into oz. Approximately 28.35g equal 1 oz. so 12439g divided by 28 equals 438 Today's Aussie price is around 2,313 per oz.
American dollars around 1,790. Multiply that by 438 oz. and we have a gold bar worth $784,020 or Aussie
1,013,094

I rounded the numbers of a little, but should be close.

I hope I did my math correct if not I stand corrected.

Now the question is how many of those lovely Gold bars can we pour
 

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