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.

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Novo Resources Corp > simsalabim

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Comment by HuberPeteron Mar 22, 2021 10:06am

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Post# 32849545

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:simsalabim

Tpd is Important for IRR. But novo has the mill. Relevant are Cash costs. And with 2 g/t I have no fear. Conglomerate or not.

Q.H should have made DD while waiting for bankruptcy of millenium. M. Spreadborough with good reputation went on board of directors. Some insider buying too. And that all in the critical phase of ramping up. Confidence is high that BC works.

we will see soon

peter

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