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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

Comment by BingoBuccon Nov 02, 2022 2:05pm
131 Views
Post# 35067194

RE:RE:News today

RE:RE:News today
mortgages101 wrote:

VP they have about what left over $50M? Put the mill Ond C&M pay those salaries. Xmas bonuses. That's less than a year of cash for the little exploration they plan on doing. 

maybe they can package the mill, with that photonassay machine and the sorter + those 3D shares sale that for $30M. 

Quintons  $300M BC project has turn into a major mess. Has it not been for that NFG sweetheart deal this would be in the same position as pgm 


They also have to pay for cleanup of their and Moys mess as they are responsable. 


Bucco
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