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.

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Novo Resources Corp > Beatons Creek Gold Project was Earned

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Comment by mortgages101on Aug 08, 2022 6:03pm

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Post# 34880099

RE:Beatons Creek Gold Project was Earned

Mineshaft correct novo made $125M less taxes for the NFG sale in exchange for novo shares which are rather worthless to NFG. Good deal for one not for the other. Problem is they spent $300M around BC only to put it on care and maintenance so any gain on the NFG transaction was swallowed by the loss at BC.

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