KER Webinar Replay – Novo Resources

August 11, 2021

CEO Rob Humphryson, CFO Ronan Sabo-Walsh and Co-Chairman Dr. Quinton Hennigh sit down with Cory Fleck of the KE Report to give a management update from the Nullagine Gold Project in Western Australia.

Feel free to email me with any follow up questions for the Novo team. My email address is Fleck@kereportcom or you can email Shad at

    Aug 11, 2021 11:35 PM

    Which project has the nuggety component just above bedrock and where does the nuggety component fit in?

      Aug 11, 2021 11:57 PM

      The first nuggety deposit I recall Novo reported was Comet’s Well and Purdy’s reward. The find was presented live at the Denver Gold forum in Summer/Fall 2017 and the NVO stock price went to $7 per share. Take a look at the presentation

    Aug 11, 2021 11:49 PM

    Let me rephrase-Is nuggety proving to be more or less than anticipated?

      Aug 11, 2021 11:46 PM

      If I remember correctly, the Exploratory Mining at Purdys and Comet Well will provide required data for an economic estimate. Initially, the thinking was to a drill campaign, however, the nuggety distribution is not amenable to Au sampling by drilling – that is why an exploratory mining campaign will be undertaken. The mechanical sorting equipment is a huge innovation when applied to a nuggety deposit. A big advantage of NVO is the accessibility of the Au – the mechanical sorting could make the entire operation at Purdys and Comet Well a big benefit to NVO and shareholders

        Aug 11, 2021 11:55 PM

        +1 Very well-stated terra.laser.

    Aug 11, 2021 11:32 PM

    The conventional market stocks are hitting an all time high. Is easy street at the end of the journey? The situation has become more perilous than ever. The wolf is at the door but he has always been turned back but he won’t always be denied. Prosperity for the Western world is due to decline.

    Aug 12, 2021 12:40 AM

    You mean rather it has been long over due? This has been going on for some time now and it could continue for some time to come.
    I always remember the quote that the market can stay irrational longer than you can be solvent.
    The financial condition of the world is a testament to craziness of the fractional reserve banking system.
    It is what it is.
    Forget about it, have some fun.

      Aug 12, 2021 12:15 AM

      J.T. Yesterday I went for a walk to the beer store it was 40 degrees Celsius with the humidity, that translates into 104 degrees Fahrenheit. The walk lasted about 3/4 of an hour each way but when I reached my destination I hung out in the beer cooler for about 30 minutes before going home. It was 40 degrees Fahrenheit in the beer cooler and I bought some Blonde And Pure Amsterdam kraft beer. I had some fun when I got home, LOL!

        Aug 12, 2021 12:16 AM

        Nice DT. When we had our heat wave here in the Northwest and it got up to 106 degrees (41 Celsius), where 80% of homes and businesses don’t have A/C, and inside the house it was in the mid 90’s for days, at one point I just opened up our second fridge & freezer in the garage and put my head and shoulders in there for 15 minutes to chill out. Next time I’ll add a cool craft beer into that equation and see if it helps. 🙂

          Aug 12, 2021 12:46 AM

          Hey Ex, my neighbor is a banker, sound familiar, he is always giving me six packs of assorted craft beers. I think he is playing me because he knows my ancestors were German, that is one game I will play along with. DT

            Aug 12, 2021 12:01 PM

            Haha! Yes, after I had spend a day doing insurance and banking, and getting people approved for car loans and home loans, or setting up CDs and money markets for people that didn’t care they were earning screwed by inflation outpacing their savings instruments, then enjoying a few craft beers in the evenings were a nice pairing. Cheers!