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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 Dec 22, 2021 10:35am
144 Views
Post# 34254269

@HurricaneRick

@HurricaneRickWith that said, I relistened to the KE Report interview from yesterday and bought more this morning. Both QH and MS project a matter-of-fact confidence and, most importantly, It sounds like the company has a handle on optimizing Beaton's Creek ore. Meanwhile, ore sorting Phase II is underway along with exploration of other exciting targets. 2022 should be an exciting year with plenty of news to release on exploration activities, ore sorting results and production updates all with the backdrop of a bullish gold market. So bottom line, I added to my position this morning. I believe a triple from these levels is doable within 12 months as long as the company executes its plan and results on all initiatives meet expectations.
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