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 > Update: Novo Resources Gains Over 10%

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Comment by ValueProon Jan 20, 2022 12:35pm

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Post# 34337956

RE:Update: Novo Resources Gains Over 10%

"
Our affiliate in Arizona, ValuePro observed Novo up better than 12 percent earlier and noted how long it's been since seeing this much interest in the gold producer."

To be clear, almost all gold producers and explorers had a good day yesterday. Novo was not the best performer or the worst, though it performed better than the average (at least in my review).

Am I biased? Yes!
Am I hyping? No, just stating the obvious.

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