Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

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 BetontheFed1on May 01, 2021 7:57pm
88 Views
Post# 33109482

RE:RE:RE:RE:Jay Taylor Newsletter

RE:RE:RE:RE:Jay Taylor NewsletterWell,STD, I think the sorters can run 45 tons per hour at the right grind.  I think, but everybody else including Novo just thinks although Novo might think it's a different speed than you or I.  Until it's tried out in the field no one really knows.  Hope Novo knows more than you or I about the speed but we'll have to wait and see.  At Beaton's, If the sorters can sort at 45 tons per hour (16 cubic meters) then all you'd need is 20 sorters running 10 hours per day cutting the mass in half to feed the plant 4,500 tons per day.  Of course with 20% loss of gold the the grade would be 3.2 gpt on average which is good.  Also good is dilution wouldn't be as important as the sorters would just let it bypass the lock box and the waste would never visit the mill.  What's not good is they'd mine Beaton's in about 3 years.  But supposedly that's not a problem as there's skyfall and MOY's land and Virgin and Contact Creek and the whole eastern Pilbara to dig up.  All they have to do is get permits to drill those properties on 20 meter x 20 meter squares and then produce a mineral resource estimate and then get permits to mine in about 3 years.   Ha Ha Ha Ha Ha..................................
<< Previous
Bullboard Posts
Next >>