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 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.

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Novo Resources Corp > Wise words for novices in the junior mining sector

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Comment by mortgages101on May 13, 2023 7:43pm

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Post# 35447126

RE:Wise words for novices in the junior mining sector

Best avoid that guy VP. Best way to avoid losing all your money.

With regards to Novo, you take a look at the recent financials. Makes sense now why the CFO, CEO and President ducked out and why the current interim CEO doesn't want a permanent position. Simply taking a temporary pay cheque.

Novo going to be broke by the fall with a major balance owing for that mill. Pretty sure bucc called this to the T. Much better that horsemen pumper.

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