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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 Dormie18on Mar 23, 2021 3:28pm
161 Views
Post# 32859813

RE:RE:QH on Jay Taylor

RE:RE:QH on Jay TaylorQH just was on with Jay Taylor to discuss what are strategic investments in New Found, Kalamazoo. GBM, Calidus, etc. They are monetizable investment ultimately, but there are no plans to do so immediately. He continues to gush over New Found which has $60 million in value to us and climbing.

The Beatons Creek data and update  will be out in late March or first week of April, including the PEA. Quinton knows everyone is antsy, but he will not disturb the team effort to fine tune the mill and mining. We are now at 4K tons per day from 2.5K a short time ago. There was not one mention of a weather event, power outage or anything else that is interrupting progress. He sounded happy and satisfied with the execution of the plan
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