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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

Post by BetontheFed1on May 08, 2021 8:11pm
226 Views
Post# 33160802

Up Coming News

Up Coming NewsQ1 Financial Statements due by May13.  Won't that be fun. Is there any news that would offset the bad financials? Doesn't appear to be anything positive between now and the end of June as everything is on hold for some reason(s).   I guess they could say the dilution improved in April.  Oh wait, they can say they are doing assays in house which will improve everything going forward.  Yes that will provide some distraction from losing money on every ounce produced.  Approaching 300 million shares fully diluted.  Big drag on the future share price.  But what else is new?
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