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Bullboard - Stock Discussion Forum
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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TSX:NVO - Post Discussion
Novo Resources Corp
> Yep, futher drilling results
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•••
ValuePro
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Post by
ValuePro
on Mar 06, 2023 10:04am
Yep, futher drilling results
...quite similar to the last round and highly encouraging of further, deeper drilling.
https://finance.yahoo.com/news/hemi-style-gold-targets-identified-142500443.html
VP in AZ
(4)
•••
Perambulator
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Comment by
Perambulator
on Mar 06, 2023 2:41pm
Yes, more ultra low grade intercepts. Best new results are 4m @.0.99 and 5m @0.49 g/tonne. Yet another ultra low grade deposit that Novo will try to pass off as potentially economic. Hikarious! .Novo have two options as I see it- 1) Report intercepts as g/ m3 using the Moronarty method as the numbers are bigger and will fool the typical Novo follower. 2) Cart the ore to a climate controlled
...more
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