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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 6,700 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 lithium joint ventures with both Liatam and 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 WisGuy1on Jun 08, 2021 9:02pm
213 Views
Post# 33352918

@Tradeahead

@Tradeahead"... was a bit late to the QH interview, but what a smash hit. Met and exceeded every expectation. Glad he highlighted the equities position, and cash position, disproving all these poor bashers and their claims. And looks like we have some serious exploration possibilities going forward, the hemi style exploration would be rather welcome, and it would be really interesting production economics with A) Completion of run in period, B) ore sorted material from Karratha/Egina C) higher throughput D) M1 and M2 pickup in grades once we are processing these layers more often, E) Improvements from grade control via Chrysos assays, F) improvements in grades from newer discoveries. QH able to confirm a 100,000 ounce target. Time to adjust the valuation." 
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