Novo Resources Corp NSRPF

Primary Symbol: T.NVO

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 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

Novo Resources Corp > AUinvestor on Novo

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Comment by Perambulatoron Feb 20, 2023 8:47pm

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Post# 35295512

RE:AUinvestor on Novo

There is no factor more important than competent management. Novo certainlty doesnt have that. Not sure how any company can be sucessfull if they cannot understand basic geology.

Deg had 2 million ounces proven up before Hemi. They knew how to find Hemi because their experience with Toweranna meant they targetted similar deposits.

Novo havent got a clue what to do next. They have been exploring for 8 years now and havent found an economic deposit. In the Pilbara thats a shitty record.

Poor AuInvestor needs to read up on investing. Hes learned mothing from his previous failures.

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