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 6,700 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 lithium joint ventures with both Liatam and 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 > HH for all the bashers

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Comment by Rhino10on Apr 20, 2021 11:03am

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Post# 33028885

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:HH for all the bashers

As someone who had a deal to mine Beatons Creek I can say without a shadow of a doubt -a lot of the material requires drilling and blasting. Not only that whilst parts of the ore horizons are very rich in gravity recoverable gold- overall I could never imagine it being of sufficient grade to be economically mineable open cut and processed through a conventional CIL plant.

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