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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 > My Q & A with Mike Spreadborough
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Post by WisGuy1 on Jun 26, 2022 7:50am

My Q & A with Mike Spreadborough

My Q & A with Mike Spreadborough:  The way I read the ore sorting NR is that testing was only done on lower grade material. Is that correct?...... Yes, this testing using the Novo sorter facility was based on lower grade material and was a great success...... It seems like there had to be some higher grade material tested. If I'm right, why were those results not included in the NR?..... This program did not include any higher-grade material – this material was tested a couple of years ago in Perth at a test facility with good results...... Is it that you were already confident that sorting works on the higher grades?..... So yes, very confident that the ore sorter based on the current processing thoughts i.e. separating the crushed product into three size fractions for separate sorting.  As discussed in the NR, we need to complete the trial to understand what a production set up would look like and to arrive at a gold inventory so we can confirm project economics.
Comment by BuccaneerBilliy on Jun 26, 2022 7:56am
This post has been removed in accordance with Community Policy
Comment by mortgages101 on Jun 26, 2022 10:36am
Only one question?  MS was hired for one thing. Be the face to put novo to bed. Time after time, bad news after bad news. The writing was on the wall back in August when the founder and principal left the company.  BC is dead but yet they will continue to poor money on a PFS. "Ore sorting" pushed back, Malmsbury a dud,  WG you ask if They can sale those E3D shares at ...more  
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