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Novo Resources Corp NSRPF


Primary Symbol: T.NVO

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 BuccJunioron Jan 08, 2023 12:09pm
443 Views
Post# 35209647

NVO Finding Traction

NVO Finding TractionDisappointed YES, however, the crew at NVO have at least gotten back on the horse and instead of riding off into the sunset they appear to be coming up with alternative options from the vast holdings of the Pilbera. Meanwhile, an investment that I plunked $$$$ into thinking that Australia would be a safe holding has turned out to be anything of the sort. Crazy WEF interference with Government policy, staffing challenges, equipment challenges, realities of costs, "cart-before-horse" mining along with Aboriginal negotiations - and there's more challenges than I captured. Again, good on the crew at NVO to keep moving forward on possible improvements in production status and share price. I remain positive that NVO gets back to business.

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