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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.


TSX:NVO - Post by User

Novo Resources Corp > I haven't looked at this one in a while.. what's happening?
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Comment by Perambulatoron May 07, 2024 4:13am
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Post# 36026279

RE:RE:I haven't looked at this one in a while.. what's happening?

RE:RE:I haven't looked at this one in a while.. what's happening?You really do need to study the shocking incompetence that has plagued this company which is still Hennighs company, run by his offsider Spreadborough, who Hennigh wants to replace. But no replacement can be found...who would want to to instructions from Hennigh!

Novo has gone from project to project to project all low grade gold projects that were well known to be uneconomic. They spent (wasted) over $200 million in the Pilbara, much to the disbelief of the industry generally. 

Nothing has changed. While ever Hennigh is running the company the incompetence is likely to continue........

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