Company Updates From Management – Fri 6 Dec, 2019

Novo Resources – Fine Grain Gold Results, Sorting Updates, and Kirkland Lake Comments

Quinton Hennigh, President and Chairman of Novo Resources (TSX-V: NVO & OTCQX: NSRPF) joins me to recap the recent fine grain gold results out of the Egina Property. This ties into the mechanical sorting developments we discussed last interview. There were also a couple questions on the relationship with Kirkland Lake that Quinton addresses near the end of the call.

If you have any follow up questions for Quinton please email me at Fleck@kereport.com.

Click here to read over the recent news release on the fine grain gold results. This is a lot of detail in the release and worth your time to read through it after our conversation.


Comments:
  1. On December 6, 2019 at 9:43 am,
    Matthew says:

    NVO ran into a couple of resistance levels but I wouldn’t worry about either of them mattering for long…
    https://stockcharts.com/h-sc/ui?s=NVO.V&p=W&yr=4&mn=6&dy=0&id=p25756995529&a=574544654

  2. On December 6, 2019 at 10:46 am,
    Donald Benson says:

    If ore sorting works out at Beaton’s Creek, does that mean you may no longer have an interest, or need, to purchase, or rent, Millennium Minerals mill? Or would you buy it anyway if the price were low enough?

  3. On December 9, 2019 at 10:31 am,
    JAMES COLEMAN says:

    So,if the sorting system is working why can`t you begin mining with these sorting machines now on a bigger scale and begin producing gold?

    • On December 11, 2019 at 9:04 pm,
      Thomas Kelly says:

      It seems like running some falcon concentrators day and night, and recycling the little water used is the lowest cost way. Cheaper than Steinert etc. Can’t the ore be crushed to separate out the gold?