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 > Novo Resources sees substantial upside potential at Nunyerry

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Comment by Perambulatoron Apr 04, 2024 12:38pm

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Post# 35970684

RE:RE:Novo Resources sees substantial upside potential at Nunyerry

These guys crack me up!

If your drill results are low grade then just "resample" them, no need to move on and drill something more prospective.

They got away with dumping three years of drill results at Beatons Creek when the "mineralisation report" was being prepared as the results were too low grade. Now that they are listed on the Au stock exchange they cant just ignore low grade results in their reporting...but the answer seems to be to "resample"

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Investors eye Australian gold mining projects amid promising developments