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Novo Resources Corp. (NSRPF)

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Last Post: 10/19/2018 10:55:15 AM - Followers: 27 - 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.
 



http://www.novoresources.com/


Great editorial on Novo Resources



 

 

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#292   Here is the latest press release from Novo: Proven and Probable 10/19/18 10:55:15 AM
#291   Here is an interview with Bob Moriarty regarding Proven and Probable 10/04/18 11:34:55 PM
#290   https://provenandprobable.com/junior-mining-novo-closes-recent-transactions/ Proven and Probable 09/21/18 11:07:59 AM
#289   https://provenandprobable.com/junior-mining-novo-finalizes-transaction-with-crea Proven and Probable 08/31/18 09:31:49 AM
#288   Here is the latest press release from Novo: Proven and Probable 08/16/18 08:57:14 AM
#287   The Smart Money is in Pilbara Conglomerate Gold Hurricane_Rick 07/27/18 09:48:35 AM
#286   Important update on Comet Well. Proven and Probable 07/27/18 08:24:36 AM
#285   Here is the latest Novo Press Release: Proven and Probable 07/10/18 12:28:56 PM
#284   Here is the latest press release by Proven and Probable 06/28/18 09:37:10 AM
#283   $NOVO Opinion piece by Robert Moriarty Until2020, formerly Until2017 06/22/18 09:06:34 AM
#282   $NOVO Presentation by Quinton Hennigh Until2020, formerly Until2017 06/22/18 09:00:34 AM
#281   Interview with Bob Moriarty and midway Novo Resources Proven and Probable 06/15/18 02:45:14 PM
#280   First Bulk Samples Are In From Comet Well Proven and Probable 05/31/18 11:23:47 AM
#279   Just issued: Proven and Probable 05/11/18 09:11:00 AM
#278   $NSRPF Another Must-Read T.H.H. article/review Until2020, formerly Until2017 04/02/18 03:40:59 PM
#277   $NSRPF BRIEF UPDATE, full news link below. Until2020, formerly Until2017 03/20/18 12:26:25 PM
#276   Just published a great interview with Dr. Hennigh! Proven and Probable 03/18/18 07:23:21 PM
#275   Does anyone have any intel on Quinton Hennigh's losjimmyjones 03/01/18 12:20:44 PM
#272   $NSRPF Risk/Reward Favorable For Novo Bulls Until2020, formerly Until2017 02/28/18 01:48:09 PM
#271   $NSRPF I found this on 321Gold.com re:NOVO Until2020, formerly Until2017 02/23/18 10:25:52 PM
#270   $NSRPF Bob Moriarty recent post on Novo Until2020, formerly Until2017 02/21/18 08:54:43 AM
#269   $NSRPF Novo Commences Work at Comet Well and Until2020, formerly 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 Until2020, formerly 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 Until2020, formerly 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 ! Until2020, formerly Until2017 01/16/18 10:09:49 AM
#259   $NSRPF MANDATORY READ: Bob Moriarty Novo article Until2020, formerly 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 Until2020, formerly 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 Until2020, formerly Until2017 12/22/17 08:31:34 AM
#251   $NSAV NOVO R. Down a dollar at 11:11 a.m. Until2020, formerly Until2017 12/21/17 11:13:59 AM
#250   $NOVO Nuggets indicate $10.00 for the stock as Until2020, formerly 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 Until2020, formerly Until2017 12/12/17 11:54:44 AM
#245   NSRPF buy 3.60099 stocktrademan 12/11/17 11:22:09 AM
#244   Well said Until2020, formerly 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. Until2020, formerly 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
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