Company Updates From Management – Mon 4 May, 2020

Novo Resources – Questions on ore sorting, exploration work on deck, and possible project economics

Quinton Hennigh, President and Chairman of Novo Resources (TSX.V:NVO – OTCQX: NSRPF) joins me to answer the questions that were send in this weekend.

The questions range from ore sorting details, to future exploitation work, to possible project economics. We also discuss a recent investment made by the Company into another exploration company.

Please keep the emails and questions coming – Fleck@kereport.com.

Click here to visit the Novo website and read over the recent news.

Upcoming Webinar – May 8th @ 12pm PDT (3pm EDT) – TriStar Gold. The Company owns 100% of the Castelo de Sonhos gold project, located in ParĂ¡ state, Brazil. The Company has recently completed a US $8 million finance with Royal Gold Inc. with proceeds used to advance the project to completion of a feasibility study in 2020.

Click here to sign up for free and have first access to the live recording.


Comments:
  1. On May 6, 2020 at 6:42 am,
    jim mclellan says:

    Question for QH: How do you see the ideal mining relationship with Millennium, since they also have assets AU om 1.3m, how could novo fit in, separate circuit?? Distant thought, how/when might novo introduce dividends to shareholder, including gold dividends
    QH is great, follow all your companies and invest in most…

  2. On May 8, 2020 at 12:05 pm,
    JP Adams says:

    Cory, what more can I ask for in an interview. Great questions from you and the answers I wanted to hear from Quinton.

    It looks like Quinton has figured out how to efficiently explorer the Novo lag gravel land package setting up the 2nd half of 2020 for some great news that will provide strong momentum going into 2021.

    Thanks for keeping us informed.