Novo Resources: 150% in 3 Tagen ! Und jetzt ? (Seite 50)

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     Ja Nein
      Avatar
      #25
      Antworten6 Antworten anzeigen
      Avatar
      #24
      Quinton Hennigh Interview. Ich habe die Aktie nicht, obwooohl sie gestiegen ist :eek:
      http://marketradio.ca/audio/novo.mp3
      Antworten7 Antworten anzeigen
      Avatar
      #23
      Newmont takes 35.7% stake in Novo Resources - M.com - Sep 7, 2013

      - Michael Allan McRae -
      www.mining.com/newmont-acquires-ownership-of-novo-resources-…

      "Newmont Mining (NYSE:NEM) has taken a big stake in Australia-focused gold junior Novo Resources (CNSX:NVO).

      On Thursday Newmont announced that it acquired 35.7% of Novo Resources acquiring 17.76 million shares from two shareholders of Novo. The price to be paid by Newmont for the common shares acquired under the two agreements is 91.4 cents, in cash, per common share and 90 cents, in cash, per common share, respectively.

      Novo is focused on Beatons Creek and Marble Bar in Australia's Pilbara region.

      Novo says the area it is examining shares many similarties with the Witwatersand Basin in South Africa, host to the largest gold field on earth.

      Newmont Mining closed the week down 4.4% to $30.43 a share.

      Northern Miner notes that Newmont Mining and Novo Resources' owner tried to do a deal in 2005 but couldn't come to terms. "
      Avatar
      #22
      Avatar
      #21

      Trading Spotlight

      Anzeige
      Das graue Entlein wird zum strahlenden Quanten-Schwan?!
      ViewBix 1,9750USD
      -5,05 %
      Avatar
      #20
      So, hab meine für 0,68 CAD über ing bekommen.
      Avatar
      #19
      Axo sorry, Diba ;)

      https://www.ing-diba.de/wertpapiere/angebote-aktionen/auslan…

      Ich habe zur Zeit noch ´ne Kauforder drinnen zu 0,68 CAD, kein Zuschlag bisher. Kosten bei der Diba 12,50 Euro plus Diba Ordergebühr 9 Euro.
      Avatar
      #18
      Zitat von karlmeidroppe: uamini. Ich kann bei meinem Broker kaufen an der OTC oder in Kanada. hab ne Order drinnen an der Heimatbörse.


      Und wie heißt Dein Broker ?

      FANTOMAS
      Avatar
      #17
      uamini. Ich kann bei meinem Broker kaufen an der OTC oder in Kanada. hab ne Order drinnen an der Heimatbörse.
      Avatar
      #16
      An alle Investierten: wie seid ihr denn an Aktien gekommen?

      Ich wollte gerade bei comdirect eine Order aufgeben und als Antwort bekam ich die Meldung "Ein Handel an der Heimatbörse dieses Wertpapiers ist nicht möglich."
      Avatar
      #15
      Bob Moriarty Update:

      http://www.321gold.com/editorials/moriarty/moriarty102912.ht…


      Update on Novo

      Bob Moriarty
      Archives
      Oct 29, 2012

      The gold market in general is in a mild correction. It’s no big thing and will be over soon and gold/silver and the shares of junior mining stocks are going to go a lot higher. QE to Infinity is here and at the end of the day, gold is going to be a sole refuge from the stupidity of governments.

      My body has barely begun to recover from the 50 hours of flying to get to and from Newman Australia to view the status of Novo Resources’ Pilbara gold project but every minute of the trip was worth it. The trip was two weeks ago and I still feel it.

      I’ve written before about Novo. Those pieces can be located here and here. Nothing has changed in my view except Quinton Hennigh is proving his Vaalbara Precipitate Gold Deposit theory. (VPGD) I like that name, it sort of rolls off your tongue. Besides, you have to call it something.

      I’ve explained before. As with Banded Iron Formations, gold can precipitate out of water, both salt and fresh. The environment 2.74 billion years ago, when both the Witwatersrand and the Pilbara basins were formed, was far more acidic. Salt water could contain between 4 ppb and 40 ppb compared to 4 ppt today.

      Since then the Novo team has started a lot of new drilling and released the final drill results from the Phase 1 43-hole drill program. The stock has gone up 115% since I wrote my first piece, in spite of a normal correction in gold that began a month ago. But the market still doesn’t get it. Gold investors are conditioned to think in terms of gold coming from below the ground and with a VPGD, it came from the water above the ground and is found in sediments or conglomerates in basins. Drilling for a VPGD is far more like drilling for coal or potash, you drill straight down and count the layers.



      We had representatives on the short 1-day tour from both Richmond Partners Master Limited and Sheldon Inwentash of Pinetree Capital fame. Between the two, they control about 60% of the shares of Novo Resources.

      Just for the record, I believe Novo is the most tightly held stock I have ever owned or covered. I think over 85% is owned by insiders and management. If so, any move higher could prove explosive in a hurry. There isn’t much of a float and trying to establish a large position is going to be near impossible unless at far higher prices.

      After I wrote my pieces, I complained to Quinton that he needed to add more material to the website to explain what he was doing and why. Leo Karabelas was brought on as VP of Corporate Communications in April and he’s done a good job.

      Leo posted a company presentation in late September and it does a wonderful job of explaining where Novo Resources is now and where it is going. Read the presentation and you will have a far better understanding of the company.

      Basically, the company has drilled 43 RC holes and released the results. The company has begun a Phase 2 7500-meter drill program and will be releasing results between now and Q1 of next year. They will be commencing a Phase 3 2000-meter program at Golden Crown Hill and eventually later this year another 2000-meter drill program onto the Creasy ground. Expect all drilling to stop in December for a few months due to the extreme temperatures in Western Australia in the summer.

      Money is going to be the only issue Novo faces. Quinton wants to drill as much as possible as fast as possible and it all costs money. I don’t want to see them doing any private placements at these prices but I don’t run the company, I just get to bitch. As of the time of our visit, the company had about $800,000 in the bank and needs $2.5 million to complete the full four phases of drilling.

      There are about 2.8 million warrants at $.50 that expire in January and you can expect them to be exercised as they are solidly in the money. There are another 14 million warrants at $.60 and we can reasonably expect them to be exercised over time. They don’t expire until November of 2013. In addition, Novo holds investment positions in Euromax, Prosperity Goldfields and Evolving Gold that can be sold for cash.

      As I said before and I don’t think the market gets it; the project is unique because it’s a totally new theory of gold mobilization. While the drill results have been spectacular, the market doesn’t yet get it. They have a $29 million dollar market cap and about a $25 million dollar enterprise value if you subtract the cash and liquid stocks on hand. That’s not much.

      On the tour Quinton outlined a meter square on the ground and then dropped 12 British Sovereigns on it. Each Sovereign weighs right at ¼ ounce of gold. That’s 3 ounces of gold.

      He explained that the drilling to date was showing about 30 gram meters. That’s like having one meter of 30 g/t or thirty meters of 1 g/t or fifteen meters of 2 g/t. If that holds and he can drill off a square km of the 1800 square km they have agreements on, the square kilometer will contain 3 million ounces of gold. That’s a lot and I think you can see why I want him drilling night and day.

      The conglomerates come in layers and so far are near surface. Quinton wants to plan on doing open pit mining and then will run through a CIL plant for recovery.

      If everything goes well and nothing in life ever does, it’s possible the company could have a 43-101 resource by March or April of next year. They can’t drill after December until March or so and Quinton can get the technical team hot on crunching numbers for the resource estimate and planning on next year’s drill program.

      I believe that Quinton has already proved his theory of gold precipitation but geologists and markets move slowly. More drilling and drilling way out in the basin hundreds of kilometers away will prove or disprove the theory. In short, this is a great story with the potential for being a world-class story and you need to pay attention.

      Novo Resources is an advertiser. We own a lot of shares, we have participated in all the PPs to date and intend to continue to participate in any PPs in the future. We are biased but I’ve been there twice, I buy into Quinton’s theory and I think this is the NBT. (Next Big Thing)

      You on the other hand have not been on the project or talked to Quinton at length about the theory and the Wits and Australia so you need to do your own due diligence.

      Novo Resources
      NVO-C $.95 (Oct 26, 2012)
      NSRPF OTCQX 31.2 million shares
      Novo Resources website


      FANTOMAS
      Avatar
      #14
      Novo Resources Expands Mineralization at its Beatons Creek Gold Project, Western Australia

      http://www.novoresources.com/pdf/news/2012-10-11.pdf

      FANTOMAS
      Avatar
      #13
      Novo Resources Artikel in Northern Miner:

      http://321gold.com/sponsors/novo/02241-Novo%20Resourcs-repri…

      FANTOMAS
      Avatar
      #12
      Northern Miner Artikel zu Novo Resources (21/09/2012):

      Hennigh's grand gold vision in Western Australia

      2012-09-21

      VANCOUVER —When it comes to early-stage exploration it is not unusual to
      hear about big ideas and regional plays, but when Quinton Hennigh has been
      focused on a theory for the better part of a decade with prolific Australian
      prospector Mark Creasy, it can start the gears turning. And that's the story
      with upstart explorer Novo Resources (NVO-C) and its large-scale land
      package in Western Australia's Hammersley Basin.

      Hennigh has a track record with major outfits like Newcrest Mining (NM-T,
      NCM-A) and Newmount Mining (NMC-T, NEM-N), but his long-standing goal
      has been finding a similar geological occurrence to South Africa's
      Witwatersrand basin, which has produced approximately 1.6 billion oz. gold
      since being discovered in 1852.

      Hennigh dedicated himself to exploring basins around the world in a bid to
      find similar gold-bearing, conglomerate-style mineralization to that found
      in Witwatersrand, and he feels there is a possibility he has hit the bulls
      eye with a discovery in Western Australia.

      “It's a pretty big concept and a big project for a junior company. It is
      related to some research I did a few years ago for a major miner,” Hennigh
      says during a phone interview. “The research I did focused on a number of
      basins, but head-and-shoulders above everything else was Hammersley, which
      sides astride the Pilbara craton. It has many of the same characteristics,
      including rock age and sequencing, but most importantly it has those gold
      bearing conglomerates.”

      The gold region Hennigh is focused on has a mining history dating back
      roughly one-hundred years. Explorers recognized the gold-bearing reefs — a
      term Hennigh says was coined in South Africa, but fits his discovery well —
      and started up a series of smaller scale operations focused on alluvial
      gravel and near-surface oxide gold occurrences that could be processed via
      state-run mill batteries.

      As soon as operations hit sulphide material, however; the state-run mills
      were not capable of handling the processing duties, so the mines inevitably
      shut down. Hennigh says the oxides have thus far run to depths of between 20
      and 40 metres before transitioning into non-refractory sulphide
      mineralization.

      “Fast forward around sixty years and we introduce a fellow named Mark
      Creasy, the best known prospector in Australia hands down,” Hennigh
      explains. “When I was working for a major mining company we approached Mark.
      Unfortunately at that time we did not strike a deal, but after leaving the
      company I started talking with Mark myself.”

      It took around six years, but Hennigh finally locked down a deal with Creasy
      that saw him scoop up around 1,800 sq.km of Hammersley, and get on the path
      to proving his theory correct.

      “We now have two large land blocks in the region, one is called Beatons
      Creek and the second project is called Marble Bar,” Hennigh points out.

      Novo holds a 70% interest in Beatons Creek under separate joint-venture
      agreements with Millenium Minerals (MOY-ASX) and the Creasy Group. The
      property covers 20 mining leases over 560 sq.km. Millennium's package was
      important due to the fact it hosted a series of outcrops that would allow
      Novo to directly drill its prospective reef systems from surface with
      relatively limited preliminary exploration.

      Novo recently received results from a 43-hole, reverse-circulation drill
      initiative Hennigh labelled a "proof-of-concept" program. The company also
      ran Leachwell analyses on the samples, which are described as
      "cyanide-soluble" gold tests.

      "We can probably drill a significant resource in a very short time, and for
      very little money,” Hennigh speculates. “I've actually been talking to the
      water department in Perth about permitting a mining operation. If we can get
      away from having to build a mill, the permitting for a smaller operation is
      really straight forward, and could be very quick.”

      Hennigh says the company was "extremely pleased" with the results of its
      scout drill program at Beatons Creek, and his optimism seems well founded
      when looking at grades and intercepts, which include: 16 metres averaging
      4.29 grams gold per tonne from 20 metres depth in hole 11-002; 25 metres
      grading 1.28 grams gold from 48 metres in hole 11-003; and 36 metres of 1.36
      grams gold from 38 metres, including a higher grade cut of 1 metre averaging
      19.23 grams gold in hole 11-009.

      “In many intercepts we see at least one, and sometimes as many as three,
      high-grade intervals, which are the higher-grade reefs that are present
      within the system,” Hennigh comments. “They appear to be continuous over the
      entire area. So we're hopeful we can chase that higher-grade further out
      into the basin, which could potentially be an underground target at some
      point. All focus for right now is to find a large area that is underlain by
      this layer of conglomerate that has sufficiently high-grades for an open-pit
      mine.”

      Novo has tried geophysical techniques on its land package, but due to the
      fact the reefs are hosted in siliciclastic rocks it has proven difficult to
      get solid reads on potential zones. What has worked, however; is stream
      sediment sampling, which has allowed the company to identify a bevy of
      targets across the Beatons Creek and Marble Bar properties. According to
      Hennigh the team continues to identify “six to eight” prospective targets
      during every stream sampling campaign.

      Novo is in the process of digging through data from its 70%-owned,
      1,250-sq.km Marble Bar concession in a bid to establish two to three solid
      targets for a drill program that should start-up in the next few months.

      Novo is in such early stages it is still trading on the Canadian National
      Stock Exchange, though it is hard to see the company remaining off the
      Toronto Venture Exchange for very much longer. With 31 million shares
      outstanding Novo was trading at 92¢ at presstime with a $29 million market
      capitalization.


      FANTOMAS
      Avatar
      #11
      Danke!

      Oh man dieser Bob kann schreiben, da werde ja sogar ich mit meinem Schulenglisch ganz kribbelig :laugh::laugh::laugh:
      Avatar
      #10
      Bob Moriarty : Understanding Novo Drill Results


      http://www.321gold.com/editorials/moriarty/moriarty082712.ht…



      Understanding Novo Drill Results

      Bob Moriarty
      Archives
      Posted Aug 27, 2012

      Novo Resources puts an interesting saying on their home page that goes, “A New Paradigm in Gold Exploration and Investing.” It may sound a little hokie but actually it’s quite true.

      Novo Resources has a Vaalbara Precipitate Gold Deposit. (VPGD) It’s the only one in the world thought of as being the product of the precipitation of gold from highly acidic water some 2.74 billion years ago. The theory has been around for at least 130 years but it took the brilliance of Quinton Hennigh to apply it to a known deposit.

      On Novo’s website, they call the Pilbara deposits paleoplacer. I love Quinton like a brother but he’s being a wuss. This gold didn’t come from a surface deposit that eroded, it precipitated out of extremely acidic water as the oxygen content increased as the result of algae growing and producing oxygen. All paleoplacer means is an ancient placer deposit and this isn’t an old placer deposit.

      You have to think differently, it is a new paradigm in gold exploration. Here’s what we know so far. Novo Resources just released the drill results from the last of a 43-hole 5,000-meter drill program. There were significant results from 42 of the holes. That’s significant. Since this is a conglomerate bed or gold reef some 15 to 35 meters thick that has a 12 to 15 degree dip, the best way to drill is with vertical holes. The holes varied from 50 to 250 meters deep.

      Minerals found in sedimentary deposits such as coal or potash will show a lot more consistency of grade and thickness than vertical epithermal or mesothermal vein style deposits. In many gold deposits, you may need drill spacing as little as 12.5-meter centers. With a coal or potash project, you may get into the measured category with holes 500 meters apart. Learning the consistency of a particular deposit is very important to understanding the deposit.

      This is a new paradigm of gold exploration. Novo is still learning. No one has ever drilled a single hole into what they thought of as a Vaalbara Precipitate Gold project before. What Novo is coming up with is interesting.

      The rock is a quartz conglomerate and contains free gold, not oxide gold, as you may tend to think. Sulfide gold is some variation of a gold mineral in combination with sulfur. When it is exposed to water and oxygen near or at the surface, the sulfur breaks down and you are left with oxide gold. This is not oxide gold, this is free gold. About 30% is called coarse gold, larger than 150 mesh; the other 70% is about 60 microns or smaller than 200 mesh.

      That’s important to know right from the gitgo because you can start to plan on how you would mill it and drill results can be very confusing. We all know cyanide dissolves gold. That’s true but we also need to know the size of the gold. If all of your gold is 150 mesh or larger, cyanide isn’t going to work well. It takes far too long. Cyanide likes fine gold such as 200 mesh or smaller.

      When Quinton sent his samples off for assay, he wanted two different types of assay, one more suitable for each type of gold. The assay results released were from a Leachwell technique designed to leach fine gold. The Leachwell assay will not measure the coarse gold. So in all cases, a metallic screen assay will show more gold as it reflects the coarse gold that the Leachwell ignores. So as good as the Leachwell assays were, the metallic screen assays from the same 43 holes scheduled for release in late September are probably going to be better.

      Another sampling issue that is going to be important is the location of the gold within the gold reef. The more or less 25 meter thick conglomerate reef is a composite of several high-grade horizons. It is a true conglomerate made up of cobbles up to large boulders. The gold is in the matrix or glue holding the rocks together. So if Quinton drills through a large bolder, the gold grade is low but if he drills 1 meter away, he may hit a 60 g/t gold assay. So he will be twinning a lot of holes to find the representative grade that reflects just how much gold is really there.

      Between now and late December Novo Resources is drilling another 6000 meters. The program begins this week, first drill results will come out in Mid-October and as summer hits in December, the crew will pull out for a few months and Novo will put together a 43-101 resource by March of 2013.

      Here’s where the numbers get really interesting. Quinton wants to punch out a 1 to 1.5 square km grid with the 120 holes planned. If the best he could do for results would be a 1 square km block of 25-meter thick gold reef at an average grade of .3 g/t, he would have a resource of just over 600,000 ounces. It’s pretty easy to see that .3 g/t is the lowest he got on 42 holes of 43 drilled. That means we could know by March the potential of the entire basin. With over 1800 square km, there could be a lot of gold in the Pilbara for Novo Resources.

      This is a bulk tonnage target of free gold near surface that can be mined with an open pit, the ore being run through an inexpensive gravity circuit to recover the coarse gold and the fine gold going through a CIP or CIL circuit. It’s very doable. Part of his late 2012 plan is to conduct an infill drill program on the Grant’s Hill project already drilled to define a 200,000 to 300,000 ounce gold resource that he could shop to a nearby existing mill for toll milling. Quinton is working on permitting a small mine as I write.

      There are about 18 million warrants outstanding at an average price of about $.58. Naturally as the price of the stock goes up there will be investors interested in selling their shares and reestablishing a position by exercising warrants. So there is an 18 million-share overhang. But that’s also a good thing. This is a new company and for all practical purposes, there was no float. Insiders and those who participated in the original private placements owned all of the shares.

      For new investors to take a position, someone had to sell. So the rise from $.42 to a high of $1.17 in the last two weeks was wonderful because it pried some shares out of the hands of existing shareholders and created a lot of liquidity. With any stock, it’s important to be able to buy a decent sized position and just as important to sell a decent sized position.

      Novo Resources understands the importance of a steady flow of information to interested shareholders and potential shareholders. This week I expect them to formally announce the drill program. I expect results to start coming out Mid-Oct. We can expect results from the metallic screen assays of the first 43 holes in September. We can look for a 43-101 resource in March or so of next year and I fully expect new drill programs to be announced when it’s cooled enough to drill.

      In my opinion this is the stock that is going to ignite the gold market for those investors who don’t yet understand how dangerous the economic climate is today. This is the stock that is going to drag in the masses. It has sizzle, it has steak, it has Quinton Hennigh running it and it has me telling the story. It will take at least 6 months for the rest of the industry to get it but get it they will.

      Novo is an advertiser. I participated in each of the private placements and I have bought a boatload of shares in the open market. I cannot be any more biased than I am. I don’t share your losses and you don’t share in my gains, I only share my knowledge. Do your own due diligence.

      Novo Resources
      NVO-C $.80 (Aug 24, 2012)
      NSRPF OTCQX 31.2 million shares
      Novo Resources website

      ###

      Bob Moriarty
      President: 321gold
      Archives

      321gold Ltd

      FANTOMAS
      Antworten1 Antwort anzeigen
      Avatar
      #9
      Legt er die Latte ja nicht gerade niedrig. :eek: :eek: ;)


      Zitat von Fantomas96: That’s a giant project and should it all be mineralized I believe this is going to be the biggest gold deposit in the world.


      Seine ganzen Ausführungen lesen sich interessant -und ich würde, so sehr er auch "auf die Pauke haut" nicht ausschliessen dass er damit recht haben kööööönnte. Den Komm;)ntar verstehe ich allerdings nicht. Weil man das wohl über jedes 1.800km2 Projekt sagen kann. Oder??

      Sollte er nur haaalbwegs Recht haben -hammerharte Geschichte.

      Gruß
      P.
      Avatar
      #8
      NEWS !

      Teilweise schöne Gehalte, aber kurze Intervalle.
      Vielleicht muß das bei einem "reef system" so sein.
      Muss mich da bei Witwatersrand noch mehr einlesen.

      http://ca.finance.yahoo.com/news/novo-resources-provides-bea…


      ..

      Novo Resources Provides an Update on Its Beatons Creek Project, Western Australia
      5 hours ago.. .
      .


      Email






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      VANCOUVER, August 21, 2012 - Novo Resources Corp. (the "Company") (CNSX: NVO; OTCQX: NSRPF) is pleased to provide an update on its Beatons Creek Gold Project, Western Australia. Leachwell (cyanide leach) gold analyses have been received from 43 reverse circulation drill holes completed at the Grants Hill target, an area where a series of shallowly dipping, gold-bearing conglomerate reefs outcrop. Results include 35 meters at 2.08 grams per tonne (gpt) gold including 3 meters at 14.26 gpt gold in hole BCRC11-002, 18 meters at 5.18 gpt gold including 1 meter at 64.19 gpt gold in hole BCRC11-013 and 11 meters at 4.15 gpt gold including 1 meter at 23.40 gpt gold in hole BCRC12-001 (see attached map and sections).

      "We are very pleased with analyses from our first round of drill holes at Beatons Creek," stated Dr. Quinton Hennigh, President and CEO of Novo Resources. "Our initial drill test provides solid evidence that gold-bearing conglomerate beds underlie areas away from outcrops and historic workings at the Grants Hill target. Grants Hill is one of several locations in which gold-bearing conglomerates have been identified at Beatons Creek. Over the coming months, we plan aggressive drilling not only on Grants Hill, but on multiple new high priority targets."

      Summary of Leachwell analyses from reverse circulation drill holes at Grants Hill

      Ergebnistabelle bitte über Link oben ansehen !

      The target of Novo Resource's exploration at Grants Hill is near-surface gold-bearing conglomerate beds that outcrop along a strike of approximately 800 meters. The gold-bearing conglomerate section is estimated to range from about 15 to 35 meters in true thickness and dip at a shallow angle of about 12-15 degrees. All drill holes reported in this news release are vertical. A lower cut-off of 0.2 gpt gold and internal dilution of no more than four meters was used to calculate the weighted average intervals in the table above. Many drill intercepts include one or two high grade intervals within a broader intercept of lower gold grades. True widths of intercepts are believed to be within 85-95% of interval lengths.

      Fire assay results from four meter composite samples from holes BCRC11-001 through BCRC11-016 were reported by Novo Resources in a news release dated February 14, 2012. Due to the nuggety behaviour of gold in some samples, the Company decided to undertake Leachwell analyses on one meter splits from these drill holes as well as the one meter splits from holes BCRC12-001 through BCRC12-028, drilled in the first half of 2012. The Leachwell technique utilizes a large, 1 kilogram, split of pulverized sample thereby reducing the analytic variability associated with coarse particulate gold. Because this technique uses a solution of sodium cyanide to dissolve gold, it also provides a preliminary indication of what levels of gold might be recoverable from these rocks. A selection of 566 samples from these drill holes is currently being analyzed by metallic screen assay. Results of metallic screen assays are expected back within 1-2 months.

      Quality Control and Quality Assurance

      Reverse circulation drill cuttings were collected from every one meter interval at the drill, logged and sampled by Novo Resources personnel. Samples were prepared and analyzed by Leachwell technique by Intertek-Genalysis Laboratory Services Pty Ltd, Perth, Australia. Leachwell analyses were undertaken on a 1 kilogram split of pulverized sample. Novo Resources personnel submitted quality control samples, including duplicates, standards and blanks.

      About Beatons Creek

      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. Novo Resources current drill program is the first modern, systematic exploration on the property.

      Dr. Quinton Hennigh, the Company's Chief Executive Officer, President and Director and a Qualified Person as defined by National Instrument 43-101, has approved the technical contents of this news release. Novo Resources personnel have performed work at Beatons Creek under the supervision of Dr. Hennigh. Dr. Hennigh has verified the data in this news release including review of quality control and quality aspects of assay data here presented.

      About Novo Resources Corp.

      Novo's focus is to evaluate, acquire and explore natural resource properties and make strategic investments in gold exploration companies. The Company presently has joint ventures earning a 70% interest two exploration properties, Beatons Creek and Marble Bar, situated in Western Australia. For more information, please contact Leo Karabelas at (416) 543-3120 or e-mail leo@novoresources.com

      On Behalf of the Board of Directors,

      Novo Resources Corp.

      "Quinton Hennigh"

      Quinton Hennigh

      CEO and President





      FANTOMAS
      Antworten2 Antworten anzeigen
      Avatar
      #7
      Die sind ja verrückt ! Heute sogar bis $ 1,17 hoch und damit fast verdreifacht innerhalb von 2 Wochen.
      Also, wenn wir wieder in der Nähe von 0,40 sind, werde ich mal zuschlagen.

      FANTOMAS
      Antworten3 Antworten anzeigen
      Avatar
      #6
      Lesezeichen :cool:
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      Novo Resources: 150% in 3 Tagen ! Und jetzt ?