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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

Post by bull_runzon Mar 24, 2021 8:35am
104 Views
Post# 32864938

Novo To Bring Kalamazoo A PEA In 3 Years! 💸 🤑

Novo To Bring Kalamazoo A PEA In 3 Years! 💸 🤑
"Under the terms of the joint venture Novo now has the right to earn a further 20% in the Queens 
Project by incurring A$5 million of exploration expenditure over the next five years, and an additional 
10% (to a maximum of 80%) by delivering a preliminary economic assessment within three years of 
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