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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
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•••
WisGuy1
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Post by
WisGuy1
on Jun 23, 2023 10:44am
Proactive Video
https://www.paidpromotionalmessages.com/companies/news/1018728/novo-resources-corp-lands-jv-strategic-investment-with-wa-gold-darling-1018728.html
(104)
•••
mortgages101
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Comment by
mortgages101
on Jun 23, 2023 11:58am
Wisguy working overtime. Another new 52 week low. Proof is in the pudding. De Grey only has to spend $7M in the next 18 months. They know very well Novo has about a years worth of cash for operation (forget about remediation) In other words they will most likely move slow. Let Novo burn its cash. If there is anything positive early on they will come back to novo and take full piece of the pie for
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