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... see more

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Novo Resources Corp > New Press Release - Novo to Acquire Remaining 50% Interests in Belltopper Gold Project, Victoria, Australia

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Post by PressRelease on Mar 09, 2023 9:20am

New Press Release - Novo to Acquire Remaining 50% Interests in Belltopper Gold Project, Victoria, Australia

Novo to acquire remaining 50% interests in the adjacent Queens and Malmsbury gold joint ventures in Victoria, AustraliaAs a result, Novo will have sole ownership of the Belltopper gold project (“Belltopper”) in the prolific Bendigo Tectonic Zone of Australia’s Victorian GoldfieldsConsolidation of...read article.

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Comment by ValuePro on Mar 09, 2023 9:52am

This is excellent news, but let's see how the market responds. Longer term, it may take advances in this exploration, AND OTHER projects to kick-start renewed interest in PM explorers.

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Comment by Perambulator on Mar 09, 2023 4:40pm

Oh dear...... While Novo had only a share in this extremely difficult project there was some restraint shown in progressing the project as its he type of project that needs carefull analysis and any drilling must be thoroughly researched before committing funds. Now Novo are free to just throw money at the priject and drill nilly willy in their usual wasteful style without reguard for project ...more

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Novo Resources Corp