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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 PulpCutteron Nov 11, 2021 3:05pm
71 Views
Post# 34116420

RE:Fine then back to NVO

RE:Fine then back to NVO

Oh FFS, what a flaming crock.  So the guy they had could do effective visual grade control?  LMAO. THAT'S a stretcher, even coming from a coke mule.

Every miner in WA is dealing with the same issues; and many are making fat profits and growing their businesses.  Earth to Novo: spot gold is up ~50% over the past few years.  Other miners know how to run an effing business, FFS, not just how to make one ridiculous excuse after another. Read the quarterlies and production reports from Silver Lake, Ramelius, even Superior Gold.  Profits, production, and bank balances, up.  It ain't rocket science.

So July was legit, not high-grading, because Novo had a guy who could do grade control without drill data, just by walking around with a rattle can of orange spray paint?

What a clown show this company is.

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