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 > Update for Screech

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Comment by mortgages101on May 27, 2021 9:54am

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Post# 33274820

RE:RE:Update for Screech

Ron since you are so astute with everything Novo. Tell us how much has Sumitomo "invested" into the company.
I use quotation marks as it's not really an investment when you have a 100% guarantee of repayment in your "investment".
Sumitomo can walk away at any time and force a repayment by either cash or shares for any funds they have "invested"

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Advancing flagship Ishkõday Gold Project in Ontario