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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 6,700 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 lithium joint ventures with both Liatam and 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 TXRogerson Mar 22, 2021 8:00am
79 Views
Post# 32848772

RE:RE:RE:RE:simsalabim

RE:RE:RE:RE:simsalabim
Harmonicka wrote:
Harmonicka wrote:
Harmonicka wrote:
HuberPeter wrote: Steinert, Tomra and X-ray convert 1 g/t to 100 g/t  Au almost without dilution through all size fractions.
https://www.novoresources.com/news-media/news/display/index.php?content_id=380

Looking forward for the karratha assays later this year. because of the size of nuggets results could be similar to Egina.
https://www.novoresources.com/news-media/news/display/index.php?content_id=419

Could be a gamechanger especial for karratha where the transport to nullagine should be profitable. At egina - what i know - novo takes another approach for processing.
Much work to do. Alone licensing mining for large bulk samples will take about 2 years. Many challenges: grade consistency over greater terrace, water, aboriginals, permitting and so on.
 
Peter
 

That almost sounds like magic doesnt it Peter. 1 gm becomes 100 gm. Alchemy like. Dont count on it being profitable though because sorting is an extra step, an extra cost. Its still 1 gm material in situ.

I was going to give it a rest but I think weedhead could learn something. I wonder if weed is bought and sold in troy.


H


What do you think weedhead, if BC came in at 1 gm and its right next door to the mill do you think that would do anything for the share price, because I do, but I dont think it would be good. So why would it be good at Karratha.


H


Gold down cu up. Im sure theres cu in those sorters so maybe nvo is really a cu company. 

 

No, we said its a tech company. 10 yr down and its going to be a good day for tech. Kathy Woods upgraded tsla with a 3000$ target. Good for nvo. To hell with gold.

H



I remember dozens of "Kathy Woods" types in 1999.  Real market geniuses, and then POOF - they were gone.  Never to be heard from again after the dust settled from Tech Wreck 2000.

The only thing that was transformational about them, was their careers - all turned to smoke and blown away.

Tx



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