Novo Resources Corp T.NVO

From QH

[WisGuy1]

 

Quinton Hennigh

10:54 AM (0 minutes ago)

 

 

Been flat out getting the 43-101 report finalized for Beatons

 

We will have the update and release of this document shortly

 

Things are going well

[BucaneerIslnd]

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[BetontheFed1]

Mineral Resources were estimated from 3,909 samples, sourced from 2,422 samples from reverse circulation holes, 302 samples from diamond core holes, and 1,185 trench ‘channel’ samples. 

[BucaneerIslnd]

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[BetontheFed1]

If you just use the drilling numbers of 2,724 it averages  out to a little under 40 meter spacing over the 4 square kilometers.  That  means they need another 2,500 drtill holes to get to 20 x20 meter spacing.  Some areas they need 10 x 10 meter spacing so 3,500 drill holes?  Maybe the trench samples will cut that by 50%.  Still a lot of drilling.

[BucaneerIslnd]

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[BetontheFed1]

So the upcoming news is the PEA put on Sedar.  Big whoop.  No news on production?  Things are going well?  What and where is going well? The PEA? Production?  Crescat?  NFG?  Certainly not the Novo share price.

[BetontheFed1]

This is water drip torture.  Down 2% almost every day just like clockwork.  Might be below $2 Canadian with no good news on the horizon.

[dosco]

seems a lot of news ahead and soon out ...