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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

Post by HansGretschelon Nov 09, 2022 7:47am
169 Views
Post# 35084512

Doesnt know mining

Doesnt know miningRealMoney NFG has no challenge on its grade, so I still keep them, but the silence will be better off for a webinar to speak out. Then they can work even more smarter


It absolutely has a challenge on grade as its the average mineable grade that counts and not high grade assay sections.

RealMoney Agree, the AISC for NFG is no brainer, the lowest on this planet. ARIS.to is $471/oz but in Columbia just uneased. The several turnovers like Rob and NVO caused the imbalance of NFG shares. Well lab issue is secondary. The most important is the validation of box since Doug knows how to get it. It may take time. They need a long-term partner to fill NVO position as ideal.


False. No one knows what the aisc will be because no one knows what the average mineable grade will be until theres an mre followed by a pfs.  No one knows the daily tonnage which affects aisc. It appears not to be bulk mineable which drives up aisc. And we dont know how many ozs they have or if there is even a mine at this point.

Oi.


Gretsch 
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