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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 WisGuy1on Mar 30, 2023 12:58pm
299 Views
Post# 35369577

From @OLR

From @OLR
 
As his family’s ownership of Novo moves above the 1% level, OLR thanks those who sold NSRPF shares to him at 17¢ when the company was dropped from GDXJ. He further notes with pleasure that each Novo share added includes roughly 0.007+ shares each of E3D and San Cristobal (in the latter case adding to his separate direct ownership position in San Cristobal). He also wishes good luck to those continuing to bet against the geological knowledge and entrepreneurship of Quinton Hennigh on the one hand, and the rising price of gold on the other.
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