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 > Significant Results From Historical Drill Hole T.NVO

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Comment by Perambulatoron Aug 26, 2024 8:44pm

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Post# 36197018

RE:RE:Significant Results From Historical Drill Hole T.NVO

But is this actually news? All they have done is confirm the drilling results from previous tenement holders who found that these scrappy results proved that the veiny gold was so sparsleyd distributed that the deposit could not be mined economically no matter what the price of gold was.

Thats Novo's specialty, re-exploring gold deposits known to be uneconomic, and pretending that the same results are something new and exciting.

Incompetence or scamming? Opinion is divided.

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