Bullboard - Stock Discussion Forum 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... see more

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Novo Resources Corp > New Press Release - Strategic Joint Venture With Global Lithium Producer SQM

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Post by PressRelease on Dec 18, 2023 9:53am

New Press Release - Strategic Joint Venture With Global Lithium Producer SQM

HIGHLIGHTSSQM Australia has agreed to pay A$10 million for a 75% interest in five of Novo’s prospective lithium - nickel tenements in the West Pilbara, near Roebourne, Western Australia, forming the Harding Battery Metals Joint Venture, and for an option over additional Novo Pilbara tenements.The...read article.

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Comment by ValuePro on Dec 18, 2023 4:50pm

That's a US17 billion-dollar company as another limited partner. They could take out Novo in a flash if they were inclined to change the focus of their business, which is not likely.

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Novo Resources Corp