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Novo Resources Corp. (NSRPF)

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Last Post: 10/20/2017 10:13:28 AM - Followers: 29 - Board type: Free - Posts Today: 3

(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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NSRPF News: Small Company Offering and Sale of Securities Without Registration (d) 05/11/2017 11:57:29 AM
#204   As the older generation of bacteria begin to heavymetal 10/20/17 10:13:28 AM
#203   As the older generation of bacteria begin to heavymetal 10/20/17 10:13:26 AM
#202   My rhetorical questions: Could gold have been deposited heavymetal 10/20/17 09:33:21 AM
#201   To all we shall be conducting a followup Proven and Probable 10/18/17 09:59:05 AM
#200   because the results are good. DwyaneMcRoberts 10/17/17 09:15:50 PM
#199   Very interesting news. Note how they are adding Zeroze2002 10/17/17 01:45:55 PM
#198   I ain't selling. heavymetal 10/17/17 01:30:46 PM
#197   Yes, some big boys shaked the trees last days wagner 10/17/17 12:34:11 PM
#196   Very good news Maple tree 10/17/17 12:27:19 PM
#195   News: DwyaneMcRoberts 10/17/17 11:19:23 AM
#194   What is happening? Maple tree 10/16/17 03:41:12 PM
#193 heavymetal 10/15/17 03:35:45 PM
#192 wagner 10/14/17 10:21:09 AM
#191   Paid up to 6,33 wagner 10/13/17 10:46:09 AM
#190   Not too much posted when she goes down.... sandiegoman 10/12/17 06:20:04 PM
#189   From KLG Q3 operating results NR JB3729 10/12/17 06:40:48 AM
#188   sandiegoman 10/11/17 07:58:10 PM
#187   these guys were the lead Agent for Novo's Pizza Boy 10/11/17 10:49:39 AM
#186   questions: 1. did meteors hitting earth bring the gold? heavymetal 10/11/17 05:56:07 AM
#185 wagner 10/10/17 03:42:00 PM
#184   we are all becoming nugget nerds and golden geeks. heavymetal 10/10/17 03:15:04 PM
#183   I am going to pull together the resource/assays sandiegoman 10/09/17 02:10:23 PM
#182   I am holding a half position. I surmise Zeroze2002 10/09/17 10:37:04 AM
#181   Of course he wants to be honest. His JB3729 10/09/17 06:42:22 AM
#180   Of course he wants to pump this story. Zeroze2002 10/08/17 08:20:37 PM
#179   Eric Sprott Blog JB3729 10/08/17 08:09:14 PM
#178   Ok, so they own 18% and not 10%. sandiegoman 10/08/17 03:27:46 PM
#177   Looks like you know less than you claim - JB3729 10/08/17 08:02:43 AM
#176   KL holding a least 4 months! Holding periode wagner 10/08/17 04:58:05 AM
#175 wagner 10/07/17 10:57:49 AM
#174   There are a couple of things that I sandiegoman 10/06/17 06:17:38 PM
#173 ;-9 coming wagner 10/06/17 04:33:16 PM
#172   Nice ?? End This Week wagner 10/06/17 04:00:49 PM
#171   And up....... Next week, next news...? wagner 10/06/17 10:55:39 AM
#170   It's the concept that if this pans, KL DwyaneMcRoberts 10/05/17 05:37:40 PM
#169   Lots of speculation here. I have held this sandiegoman 10/05/17 02:17:32 PM
#168   6 bottom..? wagner 10/05/17 02:02:05 PM
#167   This is way way ahead of itself. I sandiegoman 10/05/17 01:29:00 PM
#166   the company said updates every couple of weeks Airair 10/05/17 10:56:27 AM
#165   she's a beauty! the chart needs a Airair 10/05/17 10:55:38 AM
#164 wagner 10/04/17 04:11:43 PM
#163   You won't see any bids for at least Zeroze2002 10/04/17 11:06:29 AM
#162   there are many ways to do a takeover. heavymetal 10/04/17 10:33:39 AM
#161   the big 10: heavymetal 10/04/17 10:24:10 AM
#160   Companies are free to buy shares publicly or Zeroze2002 10/04/17 07:56:17 AM
#159   You mean other miners are interested in buying Maple tree 10/03/17 09:07:10 PM
#158   rumors of a bidding war? i ain"t selling! heavymetal 10/03/17 07:54:59 PM
#157   Air, Maple tree 10/03/17 07:20:27 PM
#156   Look great now Maple tree 10/03/17 07:15:21 PM
#155   What a be alive.... DwyaneMcRoberts 10/03/17 11:02:40 AM