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Bullboard - Stock Discussion Forum Novo Resources Corp T.NVO

Alternate Symbol(s):  NSRPF

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... see more

TSX:NVO - Post Discussion

Novo Resources Corp > QUESTION
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Post by ronreagan on Apr 07, 2021 9:13am

QUESTION

QH is quoted as saying that MOY was operating the mill "under $hitty conditions".

I wonder what that means.

Does it mean that they had constructed the mill to process sulfide ores when the ores were really oxidized? (do I have that right, or do I have it backwards?)

Or, does it mean it was raining outside?

Hmmmm ...... somebody please set me straight on this.
Comment by scatterhead on Apr 07, 2021 9:19am
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Comment by TXRogers on Apr 07, 2021 9:20am
Do you recall the photos taken during Novo's mill upgrade?   Lot's of parts and system components looked fairly worn out and neglected. And the whole PINOX circuit debacle ended up in mound of corroded crapola. Tx
Comment by smilingmickey on Apr 07, 2021 12:05pm
Hello Ron, As I recall (I know not from where) It was reported that Moy had used up all the oxide based ore available to them, which had been sitting in a number of areas of Moy's land. They then started to process sulphide ore (also available to them from their land) but the plant yield took a downturn. This situation may have contributed towards the financial problems that they had. SM
Comment by BucanneerIsland on Apr 07, 2021 12:18pm
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Comment by BucanneerIsland on Apr 07, 2021 12:46pm
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Comment by ronreagan on Apr 07, 2021 12:46pm
Thanks (don't slip me a) Mickey, so it seems MOY had constructed the mill to handle OXIDE ore, but then they had to face dealing with SULPHIDE ore. And then, I remember Tx mercifully schooling me that MOY, instead of employing tried-and-true technology (e.g. the "Albion Process" maybe?) to handle the sulphide ore, they tried to get all cute and come up with some exotic fix that did ...more  
Comment by BucanneerIsland on Apr 07, 2021 2:05pm
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