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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 Dec 06, 2021 6:39pm
73 Views
Post# 34204154

RE:To Bucc et al

RE:To Bucc et al
WisGuy1 wrote: Your friend Tx disagrees with you. He think's the Novo story is fine.


another yearly low.  Yup everthing is fine.  We're getting bombarded with drill results.  Plant is producing 6,000 ounces a month at $1,600 cash cost in U.S.D. We're almost breaking even on AISC.  Just a slight loss of $200 an ounce.  No news on if the sorter is in operation and is working. Yup, everthing is just f. ing great.
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