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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 ronreaganon Apr 07, 2021 12:46pm
70 Views
Post# 32949905

RE:RE:QUESTION

RE:RE:QUESTIONThanks (don't slip me a) Mickey, so it seems MOY had constructed the mill to handle OXIDE ore, but then they had to face dealing with SULPHIDE ore.

And then, I remember Tx mercifully schooling me that MOY, instead of employing tried-and-true technology (e.g. the "Albion Process" maybe?) to handle the sulphide ore, they tried to get all cute and come up with some exotic fix that did not work. 

If that's the case, then ....... I guess Novo shareholders should be grateful there are not-so-bright people in this world. What would motivate these people to do such a thing?

My mother once told me that if it were not for idiots I would not be making a living (CPA/lawyer). I didn't know exactly how to take that, but I chose the compliment route.


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