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Novo Resources Corp. (NSRPF)

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Last Post: 2/14/2018 11:11:01 AM - Followers: 28 - Board type: Free - Posts Today: 0

(From Their Website)

About Novo Resources Corp. ("Novo" or the "Company")

Novo's focus is to evaluate, acquire and explore gold properties. Novo has the right to earn a 70% interest in the approximately 1,800 square kilometer Pilbara Paleoplacer Gold Project (includes the Beatons Creek and Marble Bar paleoplacer gold projects) in Western Australia from the Creasy Group and a right to earn a 70% interest in the approximately 10 square kilometer Beatons Creek Tenements, also in Western Australia, from Millennium Minerals Ltd. Novo also holds non-controlling investments in other junior gold exploration companies including EurOmax Resources Ltd., Prosperity Goldfields Corporation, and Evolving Gold Corp.

The Company's present focus is its Beatons Creek and Marble Bar paleoplacer gold projects in Western Australia. The Beatons Creek Tenements cover extensive exposures of the Beatons Creek conglomerates, a series of Archaean age pyritic conglomerates hosting gold mineralization similar to that of the Witwatersrand Basin in the Republic of South Africa. Shallow gold reefs were first identified and mined in this area beginning in the late 1800's.

The thirty two properties within the Marble Bar paleoplacer gold project cover an area of approximately 1,251 square km in the Nullagine embayment and 554 square km in the Marble Bar subbasin underlain by 2.74 billion year old siliciclastic sedimentary and volcanic rocks belonging to the Fortescue Group, the basal part of the Hamersley Basin located in the Pilbara region of Western Australia. These rocks are similar in age and character to the Central Rand Group of the Witwatersrand Basin, Republic of South Africa, the single largest gold region on Earth. The Fortescue Group hosts multiple conglomerate horizons known to contain gold. Although these rocks were mined locally in the late part of the nineteenth century, little modern exploration has taken place in the region.

The Company has an experienced management team in place, which has extensive expertise in identifying properties that have the best potential to recommence and expand profitable mining from known and newly discovered mineral prospects.

Great editorial on Novo Resources



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#259  Sticky Note $NSRPF MANDATORY READ: Bob Moriarty Novo article until2017 01/16/18 10:07:38 AM
#269   $NSRPF Novo Commences Work at Comet Well and until2017 02/14/18 11:11:01 AM
#268   golds up: heavymetal 02/14/18 10:15:45 AM
#267   like little golden frogs in a swamp on heavymetal 02/14/18 09:44:16 AM
#266   Jayant Bhandari comments on Novo and Irving in Proven and Probable 02/08/18 06:40:34 PM
#265   $NSRPF Novo Secures Test Plant for Processing Bulk Samples until2017 02/06/18 10:05:34 AM
#264   New update on Novo: Proven and Probable 01/31/18 11:15:48 AM
#263   something else to keep an eye on: heavymetal 01/24/18 08:48:27 AM
#262   $NSRPF I think your post is until2017 01/22/18 07:44:45 PM
#261   question: what if the conglomerate layers could be cherry picked? heavymetal 01/22/18 07:16:24 PM
#260   $NSRPF NO 43-101 NECESSARY? Absolutely correct ! until2017 01/16/18 10:09:49 AM
#259   $NSRPF MANDATORY READ: Bob Moriarty Novo article until2017 01/16/18 10:07:38 AM
#258   43-101 ? we don't need no 43-101. heavymetal 01/11/18 07:23:32 AM
#257   Here is a perspective on Novo from one Proven and Probable 01/06/18 07:40:10 AM
#256   $NSRPF Excerpt from your post re:Novo until2017 12/26/17 09:07:55 PM
#255   Here is a new update on Novo in Proven and Probable 12/25/17 04:22:20 PM
#254   for your holiday reading pleasure: heavymetal 12/23/17 12:27:10 PM
#253   yes, they must sell some gold and publish the details. heavymetal 12/23/17 08:01:19 AM
#252   $NSRPF New NOVO News Thursday 12.21.2017 until2017 12/22/17 08:31:34 AM
#251   $NSAV NOVO R. Down a dollar at 11:11 a.m. until2017 12/21/17 11:13:59 AM
#250   $NOVO Nuggets indicate $10.00 for the stock as until2017 12/17/17 10:46:09 PM
#249   indicator minerals? heavymetal 12/17/17 05:56:56 PM
#248   i have been thinking; so "look out". heavymetal 12/13/17 06:37:31 PM
#247   Great News for NOVO again! Proven and Probable 12/13/17 10:20:27 AM
#246   $NSRPF Must read latest BULK SAMPLE assessment until2017 12/12/17 11:54:44 AM
#245   NSRPF buy 3.60099 stocktrademan 12/11/17 11:22:09 AM
#244   Well said until2017 12/11/17 09:58:47 AM
#243   how much gold could a bit-coin buy, heavymetal 12/10/17 08:12:06 PM
#242   $NSRPF Excellent post thank you. until2017 12/08/17 10:27:18 AM
#241   Is Novo’s Pilbara Discovery a Paradigm Shift in JB3729 12/08/17 07:59:12 AM
#240   Gold is on the verge of a major chasem 12/03/17 09:27:16 AM
#239   J.Kaiser on Discovery Watch about $NVO ;start at chasem 12/02/17 08:49:23 AM
#238   $NSRPF If you own NOVO shares, this_is_a_MUST-READ until2017 11/29/17 09:13:43 AM
#237   Wasn't that a beauty 5m gold nugget!! chasem 11/28/17 04:44:31 PM
#236   $NSRPF Excellent post you made until2017 11/28/17 02:28:16 PM
#235   ttj, You didn't mention that Kirkland Lake Gold, who JB3729 11/28/17 02:05:04 PM
#234   $NSRPF Looks like the bottom was in until2017 11/28/17 10:39:42 AM
#233   "...3. At this point, the company is switching tootalljones 11/27/17 10:48:00 PM
#232   $NSRPF YOU ARE CORRECT -- don't_put_it_all_here until2017 11/27/17 10:42:56 PM
#231   for my friends here, I have been snooping tootalljones 11/27/17 10:07:19 PM
#230   I agree with your bottom call! If it chasem 11/27/17 06:42:59 PM
#229   Tweeted today - JB3729 11/27/17 01:44:45 PM
#228   $NSRPF Technical analysis guides my call. until2017 11/27/17 01:41:58 PM
#227   I disagree with your bottom call. The tootalljones 11/27/17 01:35:50 PM
#226   $NSRPF How big is their reserve ? until2017 11/27/17 01:11:58 PM
#225   How big is their reserve? Zeroze2002 11/27/17 01:01:17 PM
#224   $NSRPF I am calling_the_bottom. The_weak_hands until2017 11/27/17 12:41:38 PM
#223   Bad news. Can you hear the sound of Zeroze2002 11/27/17 11:23:25 AM
#222   $NSRPF Why the recent downtrend ? until2017 11/27/17 11:21:51 AM
#221   Why the down trend since last few days? Gan 11/27/17 11:14:23 AM
#220   $NSRPF Bob Moriarty today on NOVO until2017 11/27/17 08:33:23 AM