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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 ronreaganon Mar 27, 2021 8:13am
112 Views
Post# 32892346

PARKER SCHNABEL - COARSE GOLD NUGGETS!

PARKER SCHNABEL - COARSE GOLD NUGGETS!Hey guys, I took a break from work last night and watched an episode of Gold Rush, where child prodigy Parker Schnabel (reportedly worth some $8 Million) was seeking a tenement to mine in Queensland, Australia.

At one point, they were doing some test runs to see whether they thought the property was worth it, and they showed a bunch of WATERMELON SEED type coarse gold nuggets FOUND AT SURFACE. Maybe I'm speaking out of turn here (not a geologist), but I think this is something we've seen before around here?

Keep in mind that Queensland is on the north EASTERN side of Australia - and that Novo's properties are on the north WESTERN side of Australia.

It seems to me this is indicative of coarse, conglomerate-type gold being ALL OVER THE PLACE over there in Australia - just more evidence that Novo has made an excellent decision to lock-in approx. 14,000 sq km.

Did they say it was 120 degrees Fahrenheit? That's hot - and it helps me understand on another level why many prior geologists have just thrown their hands up and said this area is "unminable". The sorters, which require no water, is a truly BRILLIANT solution to this dry, arid climate.

Did I say QH should be President of the Mensa Society? I think he deserves to be put on an episode of Gold Rush, advising young Parker. And maybe they can bring in Old Fogie at the end with a little TA just to teach'em how brilliant he (says) he is. Ummmmm ..... never mind.




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