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.

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Novo Resources Corp > NVO’s 11% ownership in NFG

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Post by megacopperon May 11, 2021 6:16pm

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Post# 33179189

NVO’s 11% ownership in NFG

Not sure if anyone has mentioned this or even considered it but NVO's 11% ownership in NFG is now worth more than $150 million or about 30% of the total market cap of NVO. And that value will at least double shortly as NFG continues much higher on their huge high grade gold discovery on the Queensway property in Newfoundland. Just a little positive news for you guys and with the rising gold price you should do really well on your NVO investment going forward. Just some food for thought.

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Unique Battery Metals opportunity in Quebec