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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.


TSX:NVO - Post by User

Novo Resources Corp > Permitting
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Post by Dormie18on Dec 27, 2021 4:49pm
236 Views
Post# 34264390

Permitting

PermittingThe assertion on Dec. 26: "@PoshSpice Its boxing day so if anyone wants to box then knock yourself out . Oxides are running out, no fresh permit because they are in a protected water reserve and need a P1 permit that will take another 2 yrs if they get it at all because the waste is acid generating ("which is not going to be a problem") and the ore is below the groundwater level with Nulligine nearby("not a problem"). The fresh strip goes to as high as 11:1 and will not be economic because I said so, and I can count, and Golden Eagle is refractory which will result in poor recuperation which they already know but what else are they going to put in the mill after oxides are gone in Q1? I think that about sums it up. Happy New Year. Posh, David, and the kids."

The response from QH on Dec. 27: "@WisGuy1  Quinton Hennigh 1:10 PM (6 minutes ago) There is nothing we have encountered yet that says we will not get the permit. All prerequisite studies are done and no significant issues have been identified. There appears to be no hydrologic connection between BC and the town’s water supplies. The permits are currently working their way through the regulatory channels right now."
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