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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

Comment by BetontheFed1on Jun 15, 2021 11:22pm
99 Views
Post# 33393750

RE:RE:Look Who's Buying In 😉

RE:RE:Look Who's Buying In 😉 Does anyone know the approximate grades at Purdys/Comet Wells? Does anyone know the approximate ounces at Purdys/Comet Wells?  Does anyone know if the grades worth mining are continuous or are there large gaps that aren't worth mining at Purdys/Comet Wells?  Does anyone know the length and width of the LCC at Comet Wells?  Does anyone know when large scale bulk samples will be taken from Purdys/Comet Wells?

Does anyone know what % of the lag gravel areas are made up of swales?  Have you ever heard an estimate from Novo?  Has anyone heard the results of all the 5 ton bulk samples taken at Egina in 2020 and run through the gravity plant at Station Peak?  Were the samples meaningless and therefore not released?  Or were the samples of such low grade that the results were not released to prevent a drop in the share price?  Has there been any swales found outside of Egina such as on De Grey tenements or 100% Novo owned land rights?    Did Novo buy the rights to 2,500 square kilometers of possible lag gravels with out the slightest idea of whether or not they containded economical grades?   Is Novo moving ahead with exploration on the 1,600 square kilometers of lag gravels that don't require aboriginal approvals?  Is Novo doing anything regarding the lag gravels?


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