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Novo Resources Corp T.NVO

Alternate Symbol(s):  NSRPF

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.


TSX:NVO - Post by User

Comment by Perambulatoron Jun 12, 2023 4:49pm
181 Views
Post# 35492267

RE:New Press Release - Becher Drilling Continues to Intercept Significant Gold Mineralisation

RE:New Press Release - Becher Drilling Continues to Intercept Significant Gold MineralisationAwkward.

Embarrasing to have to report such poor grades. Further confirmation that they are drilling a duster. 

Seems Novo are always the last to realise their ultra ultra low grade deposits can never be economic. Even Hennigh will struggle to make a silk purse out of a sows ear. Rats ear might be a better analogy. Where is the mad moronarty when he is needed?

An this is their flagship project.....
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