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 > From @Excelsior

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Comment by ValueProon Feb 19, 2021 12:48pm

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Post# 32610669

RE:RE:RE:RE:RE:From @Excelsior

Good points. Regarding KL, if other posters here are to be believed - and I do believe them - their new leaders reflect the conservative management-styles of old companies. That is, they have become risk-averse. If so, they may be more likely to stay with what they know by not taking on novel deposits.

Certainly, I could be wrong. Time will tell. Meanwhile, I bought more earlier today, and even that is now green, though I am surprised that we do not have a higher volume. That will come as the story gets around, I'm sure.

VP

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