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 > Best layed plans can't fight outside forces!

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Comment by Perambulatoron Sep 28, 2023 8:21pm

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Post# 35660668

RE:Best layed plans can't fight outside forces!

Interesting that DEGs announcement yesterday bases their mining development on ore at Hemi and the immediate vicinity for the first 10 years and other ore bodies to be mined after this.

So where does this put any ore that DEG might find in its exploration on Novos ground? Reserve ore that might not be mined for much more than a decade away.

Seems DEG hold all the aces.

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