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

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Post by Mineshackon Mar 05, 2021 12:07am

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Post# 32725388

Accumulation

Added to a long-term position in Novo today @2.32U.S. dollars after the sale of my basis in Jericho Oil. Letting the profits run with the newly named Jericho Energy. Thanks to Bob Moriarty for his past coverage of Oklahoma energy play and his general advise on buying & selling.

I count Mr. Moriarty as one of my better advisors, even though we've never met. Great coverage of junior miners and energy, refreshing attitude toward government and authoritarians in general. Will ask him to be on my cabinet of advisors if I'm ever named King over what remains of America.

Looking forward to Novo's soon to be released Preliminary Economic Assessment (PEA).

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Osisko Development receives permits for Cariboo Gold Project