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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 6,700 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 lithium joint ventures with both Liatam and 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 Fabrix72on Jul 11, 2022 3:19pm
108 Views
Post# 34815948

Well..there is a good news and a bad news

Well..there is a good news and a bad newsThe good news is that NVO will take 9 to 12 months instead of 24 to get the permits for fresh. The bad news is that nothing will change and grade will be even worse. POG can go up or down while all the costs will be much higher in one to 2 years...so....the train still won't leave the station. But..hey I can be wrong,...Bucc and I have been always wrong while Finger, HH, Tardahead and Jay have been always right eh.....:O) P:S: Wisguy you are in a very good position to win the "Idiot of the village" prize this year also.
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