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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 PulpCutteron Dec 15, 2021 12:22pm
258 Views
Post# 34233211

NFG's samples only "cleared Aussie customs" last week?!

NFG's samples only "cleared Aussie customs" last week?!

Excuse me if I'm skeptical that the hold up was Aussie customs.  I must be paranoid, but to me there's this pattern of Novo and NFG wording their press releases to imply something ('the SIX WEEK delay in getting samples to the Perth lab, was because the samples were held up by Aussie customs') that on even trivial closer examination makes no sense - and makes you question what it is that NFG or Novo is hiding.

Why the fk would Aussie customs have much interest in mining samples, much less six weeks worth of interest?  

What reasons might NFG have to delay QA-ing the second half of their samples?  

Again, that 2D plot in the Nov 5th press release is log-log.  Re-plot it with linear axes, so see how huge the discrepancy is, between the ALS samples that were press-released, and the samples that EA ran as quality assurance testing.

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