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.

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Post by Fabrix72on Nov 10, 2021 5:15pm

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@Tradeahead The moronic choir is out today: Listen to Mike S. recently??? Doing 80.000oz, DEFINITELY going to 100,000oz. And states their goal to move to 250,000oz/yr. We are drilling and assaying a couple of high-grade deposits in trucking distance from the mill. That is going to be interesting to see how high on up, we can move the grade.

(Note NVO will be lucky if they can reach 50.000oz this year and grade is going down)

250.000oz/yr.....mmmmm...anyone wants to comment?

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