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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

Post by WisGuy1on Aug 08, 2021 8:19am
261 Views
Post# 33669250

Another one for you Bucc

Another one for you Bucc
@AUinvestor @WisGuy1 Really enjoyed the interview especially starting at about the 5-minute mark... QH discusses (getting back to a focusing on) ramping up exploration in the vicinity of the mill (blue sky potential - Talga Talga, Virgin Creek, Contact Creek, Blue Spec, Beatons Creek, etc... and my comment, not to forget (as previously mentioned by QH) the upcoming drilling (being prepped now per QH) of Novo's Sanukatoid excursions from De Grey's Hemi Gold mineralized intrusions ("Hemi demonstrating +10Moz potential": https://degreymining.com.au/wp-content/uploads/2021/08/Canaccord_Asset-scale-that-has-few-peers.pdf)... HUGE, blue skies, multi-zones, low cost (open pit mining amenable) that appear to extend into Novo's North-East Egina that is not on aboriginal lands)... to expand the company's proven and probable resources and feed the Golden Eagle mill with potentially much higher grades through the help of bulk-sampling methods that employ ore sorting technology. Anyway, I look forward to Monday's webinar... thanks for the kereport!
 
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