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 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 > New Press Release - Novo to Acquire Remaining 50% Interests in Belltopper Gold Project, Victoria, Australia

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Comment by Perambulatoron Mar 09, 2023 4:40pm

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Post# 35329149

RE:RE:New Press Release - Novo to Acquire Remaining 50% Interests in Belltopper Gold Project, Victoria, Australia

Oh dear...... While Novo had only a share in this extremely difficult project there was some restraint shown in progressing the project as its he type of project that needs carefull analysis and any drilling must be thoroughly researched before committing funds. Now Novo are free to just throw money at the priject and drill nilly willy in their usual wasteful style without reguard for project economics.

Those that dont understand the difficulties this project presents soon will....

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