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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 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.


TSX:NVO - Post by User

Comment by Dormie18on Apr 20, 2021 4:54pm
86 Views
Post# 33031648

RE:RE:good interview

RE:RE:good interviewI'm encouraged Novo has a plan to overcome the problem of not having timely results from their lab in Perth to guide mining and increase tonnage through the mill. It sounds as though they are partnering with a lab to build a facility at Nullagine to process Novo's samples. If they are to drill 2500 holes as quickly as possible, they must also get the data contemporaneously. QH says he will be able to discuss this solution in 3-4 weeks. 
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