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.

TSX:NVO - Post by User

Novo Resources Corp > Im confused

<< Previous

Bullboard Posts

Next >>

Comment by HuberPeteron Apr 26, 2021 1:49pm

84 Views

Post# 33067660

RE:Im confused

They thought that the could make Karratha ni43-101 conform with drilling like they tried to do it at B.C. As Nuggets are like waterdrops this isn't possible. But in Karratha they found very big nuggets; almost pure gold.

Therefore they decided to start with Egina where the Nuggets are lying in the terrace what makes it much easier for bulk mining and processing.

Peter

<< Previous

Bullboard Posts

Next >>

Investors eye Australian gold mining projects amid promising developments