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 > I will leave you with one question

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Comment by HuberPeteron Mar 28, 2021 12:07pm

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Post# 32894891

RE:I will leave you with one question

ex sedar 21.11. 2018
About 600k oz open pit grading about 2,3 g/t

Both newer technical reports (2018 and 2020) confirms grades above 2 g/t.

peter

MurplePurple wrote:

Rah rah ers, something to sleep on eh.

How can the grade be 1.47 in 2014 and now magically its 2.1 and 2.7. One of those studies is wrong or mathematically they had to find some much better grade material on the incremental ore between studies. Or perhaps the new sampling techniques were more innovative. I dont know, but someone was not competent is my guess. The independant geo from 2013, or Nina Simone in 2019 who was not independant. Perhaps.

Murp
zzz