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 > Best layed plans can't fight outside forces!

<< Previous

Bullboard Posts

Next >>

Post by ValueProon Sep 27, 2023 9:46am

192 Views

Post# 35656591

Best layed plans can't fight outside forces!

Substantive news is sorely needed here. 50/50 JVs having no discovery and new claims are not supporting the share price. I'm not selling, but POG and other outside forces are working strongly against the gold sector for now, thanks to the Fed and its interest rate goals.

<< Previous

Bullboard Posts

Next >>

Debt-free cannabis company set for next stage of growth