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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

Comment by BetontheFed1on Jul 19, 2021 10:06am
106 Views
Post# 33568718

RE:Hey UK. Happy Freedom Day

RE:Hey UK. Happy Freedom DayThe way things are going, I'm going to have to swithch to a cheaper beer.  Novo hype that turned out not to be true has finally caught up with the share price.  Remember the PEA, yes the worthless PEA.  Good thing Sprott loaned the money before the real story on dilution came out.  Double the dilution projected in the PEA. How can you miss by that much?   I thought they hired outside independant professionals to do NI 43-101 work.  Either the PEA preparers are idiots or wink, wink looked the other way.  QH is a good salesman, he should run for office somewhere.
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