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Home  /  Forum  /  Edelmetalen  /  NOVO Resources: Grootste goudvondst OOIT?!

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NOVO Resources: Grootste goudvondst OOIT?!

891 Posts
Pagina: «« 1 ... 16 17 18 19 20 ... 45 »» | Laatste | Omlaag ↓
  1. forum rang 10 DeZwarteRidder 17 november 2017 13:43
    quote:

    smith&jones schreef op 17 november 2017 12:10:

    Wat er niet staat kan je niet lezen natuurlijk:
    htg had voor het gemak de eerste pakembeet 40 regels weggelaten, blijkt nu. Waarschijnlijk in het kader van de informativiteit en inhoudelijkheid... Uit dat deel blijkt dat Novo weliswaar wordt aangehaald maar dat het idd om een ander bedrijf gaat.
    S&J
    Dit artikel staat allang hierboven met alle tekst.
    Je moet gewoon beter lezen.
  3. forum rang 10 DeZwarteRidder 19 november 2017 14:47
    Stockhouse:

    User avatar
    Gold1955

    image: www.stockhouse.com/Stockhouse/images/...
    2 stars
    User Actions
    3 minutes ago 10 Reads
    Post# 26991555
    Rate this post

    image: www.stockhouse.com/Stockhouse/images/...
    0 stars
    v
    For Real????
    twitter.com/wmiddelkoop/status/932128...

    I don't follow him any more.

    Read more at www.stockhouse.com/companies/bullboar...
  5. [verwijderd] 24 november 2017 10:22
    www.youtube.com/watch?v=yzyNX0dKAJA

    Dr. Hennigh the President and Director of Novo Resources sits with Maurice Jackson of Proven and Probable in Karratha, Australia after a site visit of the Karratha Gold Project which hosts two of the most exciting deposits in the world, Comet Wells and Purdy's Reward. This interview will provide a complete narrative of the latest Project details from the thesis that Novo Resources is attempting to prove as well as updates on drilling and sampling. In addition, this interview will provide uncut, exclusive footage from the both Comet Wells and Purdy's Reward.

    www.novoresources.com

    website: www.provenandprobable.com
    youtube: www.youtube.com/c/provenandpr...
    twitter: twitter.com/provenprobable
    MEER WEERGEVEN
    ----------------------------
    geen positie,wel leuk tevolgen.

    wel betaalde promotie vaak!
  7. forum rang 10 DeZwarteRidder 24 november 2017 15:43
    Novo Resources Corp.
    Exchange: TSXV Exchange | Nov 24, 2017, 9:40 AM EST

    $ 5.47 real time data Change Down
    Change:
    -1.18 (-17.74%)
    Volume:
    330,643
    Real-time price
    Day Low 5.04
    Day High 6.25
    52 Week Low 0.66
    52 Week High 8.83

    Novo Provides Update on Exploration at Purdy’s Reward, Strategizes Bulk Sampling Approach With Artemis

    VANCOUVER, British Columbia, Nov. 24, 2017 (GLOBE NEWSWIRE) -- Novo Resources Corp. (“Novo” or the “Company”) (TSX-V:NVO) (OTCQX:NSRPF) is pleased to provide an update on exploration activities at the Purdy’s Reward tenement, a key tenement within the farm-in and joint venture Novo has with ASX-listed Artemis Resources Limited (“Artemis”) and part of Novo’s greater Karratha gold project, Western Australia. In addition to this update, Novo wishes to advise that the Company has recently been notified by Artemis that the Western Australian Government’s Department of Mines, Industry Regulation and Safety (“DMIRS”) has granted a 20,000 tonne excess tonnage permit for the extraction of a bulk sample from the Purdy’s Reward tenement.

    Karratha Gold Project

    Gold mineralization at Karratha is hosted by a sequence of conglomerate beds and fossil gravel horizons ranging from a few meters to approximately 20 meters thick comprising the base of a much thicker package of sedimentary and volcanic rocks called the Fortescue Group. Rocks of the Fortescue Group were deposited between 2.78 and 2.63 billion years ago upon 3.0 to 3.7 billion year old igneous and metamorphic rocks that make up the Pilbara craton. Gold-bearing conglomerates dip gently southeastward under cover at shallow angles of less than 10 degrees, and Novo believes that these rocks may underlie significant areas within the greater Fortescue basin.

    Conglomerate-hosted gold mineralization at Karratha is extremely nuggety and requires exceptional exploration techniques for its evaluation. In the Company’s news releases dated August 31 and September 21, 2017, Novo detailed its multi-pronged approach to exploration including: 1) scout diamond drilling for geological data, depth to target and thickness of conglomerates, 2) large diameter drilling for bulk sampling and 3) trenching for geological information and bulk sampling.

    Trenching and Bulk Sampling

    As discussed in the Company’s news release dated November 2, 2017, trenching is proving invaluable for providing geologic data as well as bulk sample material. Therefore, Novo recently accelerated trenching and bulk sampling activities along the strike of the daylighting conglomerate package. A comprehensive overview of trenching activities will be provided by Novo approximately mid-December once this fieldwork is complete.

    Nagrom Metallurgical Laboratory, Perth (“Nagrom”) has recently indicated to Novo that the first trench bulk sample grade results will be available in January. Processing of samples has been delayed while Nagrom has adjusted and optimized the sorting ability of its new Steinert sorting machine. In the meantime, Novo has been shipping bulk samples to Nagrom in preparation for processing.

    Given the nuggety nature of gold mineralization at Karratha, Novo considers bulk sampling the best practical means of evaluating grade and potential viability of the deposit. Prior to signing definitive agreements with Novo in August, Artemis had filed an application with the DMIRS for a 20,000 tonne excess tonnage permit for extraction of bulk material from the Purdy’s Reward tenement. This application was recently approved. To move the project forward, Novo and Artemis are now working together on plans to utilize this permit to undertake systematic bulk sampling for grade purposes. Given what has been learned from recent trenches, Novo envisions collection of bulk material from multiple sites and positions within the conglomerate package at Purdy’s Reward to provide the greatest understanding of this unusual gold system.

    Drilling

    As of the date of this news release, sixty diamond core holes have been completed in a northeast-trending corridor approximately 1,000 m long and 100-400 m wide. As discussed in Novo’s news release dated October 17, 2017, diamond drill holes indicate strong continuity of the targeted conglomerate package (please refer to a plan map of drill sites and cross sections in the Company’s news release dated October 17, 2017 for further details). Geologic logging of all backlogged core holes is ongoing and expected to be completed by approximately mid-December at which point data will be collated with trench data and used to generate a 3D model of the conglomerate package.

    Over a three-week period, FORACO International SA experimented with various drill bit diameter sizes, drilling dry and wet, various sampling techniques, and a mix of sample collection tooling. Upon careful review of sample consistency, integrity and recovery, Novo has decided it is uncomfortable with the product and its use as bulk sample material for grade estimation. While disappointing, Novo is reviewing other potential options for collecting bulk samples from drilling. As discussed above, Novo is currently putting emphasis on collection of bulk samples from trenches.
  8. forum rang 10 DeZwarteRidder 24 november 2017 15:43

    Recent Geologic Findings

    In the Company’s news release dated October 17, 2017, Novo discussed that much of the historic prospecting activity at Purdy’s Reward and Comet Well focused on the lower, mafic igneous rock clast-rich conglomerate sequence. Recent observations in trenches continue to confirm this pattern. Novo personnel have noted metal detector strikes throughout this lower conglomerate sequence, however most occur near its base. Interestingly, black chlorite-rich shale fragments are commonly observed in areas with abundant visible nuggets. Such shale fragments are seen in proximity to gold nuggets in the second video linked to Novo’s July 12, 2017 news release announcing the discovery of gold nuggets at Purdy’s Reward. The geologic reason for the association between these shale fragments and gold nuggets has not yet been determined.

    Scanning electron microscopy of cut slabs of gold-bearing conglomerate has yielded important information about the distribution of fine gold particles within the rock. Although a limited number of samples have been analyzed and more work is underway, current findings suggest most fine-grained gold occurs as halos of particles within a few millimeters of much coarser gold nuggets. Novo believes such fine-grained gold was remobilized and re-precipitated following burial and lithification of gold-bearing gravels. Novo believes it is possible that fine-grained gold observed in panning of weathered rock collected from trenches as well as the fine gold component observed in the first bulk sample (please refer to the Company’s news release dated August 8, 2017 for further details) is derived from such halos of fine gold.

    “We were fully aware from day one that the Karratha gold project is a coarse gold system,” commented Dr. Quinton Hennigh, President, Chairman and a director of Novo Resources Corp. “The fact that numerous prospectors have been detecting gold here since its discovery is compelling evidence. While the ability to recover consistent, quality sample material using large diameter drilling has not yet been accomplished, trenching appears to yield acceptable bulk samples for test work. Bulk sampling at surface will be the most critical means of determining the grade, processing characteristics and viability of this deposit. We look forward to working with Artemis on ways to fast track a bulk sampling strategy at Purdy’s Reward.”

    Dr. Quinton Hennigh, the Company’s, President and Chairman and a Qualified Person as defined by National Instrument 43-101, has approved the technical contents of this news release.

    About Novo Resources Corp.

    Novo’s focus is to explore and develop gold projects in the Pilbara region of Western Australia, and Novo has built up a significant land package covering approximately 12,000 sq km. Novo also currently controls a 100% interest in approximately 2 sq km covering much of the Tuscarora Au-Ag vein district, Nevada. 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.
  12. [verwijderd] 24 november 2017 17:44
    quote:

    easy56 schreef op 26 augustus 2017 19:24:

    De vroege instappers vullen hun zakken ,de rest betaald meestal.

    Maar soms heb je wel iets goeds aan de haak en dan is t de kunst om daar optimaal van te profiteren.

    Maar wel altijd spannend als je meedoet dus stress bestendigheid vereist en ook niet al je geld in 1 zo n fonds.

    Geen positie in novo.
    al die high flyers nu aan t zakken.

    hoe t afloopt weet ik niet maar de late instappers betalen voorlopig weer t gelag zoals vaak eerder is gebeurd.

    volg t met interesse maar geen positie.(alleen in PGM,in deze sector)
  14. forum rang 10 DeZwarteRidder 27 november 2017 09:51
    Novo to focus on trenching at Purdy’s Reward, conglomerate explorers' shares tumble

    27th November 2017

    By: Mariaan Webb
    Creamer Media Senior Researcher and Deputy Editor Online

    JOHANNESBURG (miningweekly.com) – TSX-V-listed Novo Resources is shifting its focus to trenching as a way of collecting bulk samples at the Purdy’s Reward gold joint venture (JV) project, in the Pilbara, after large diameter drilling failed to deliver a consistent, quality sample.

    Novo, which announced the news late on Friday, said that contractor Foraco International had experimented with various drill bit diameter sizes and various sampling techniques, but that the company was not comfortable to use the samples for grade estimation.

    “While disappointing, Novo is reviewing other potential options for collecting bulk samples from drilling,” the Canadian firm stated.

    Novo said it had accelerated trenching and bulk sampling activities at the project and that it would provide a comprehensive overview of trenching activities by mid-December.

    “Given the nuggety nature of gold mineralisation at Karratha, Novo considers bulk sampling the best practical means of evaluating grade and potential viability of the deposit,” the company stated.

    JV partner Artemis Resources has been granted it a 20 000 t bulk sample extraction permit for Purdy’s Reward, which executive chairperson David Lenigas said on Monday was “potentially very important” for the companies to determine the actual recovered grades of the nugget gold-bearing conglomerate.

    Novo and Artemis are now working together on plans to use the permit to undertake systematic bulk sampling for grade purposes. Novo said that it intended to collect bulk material from mutiple sites and positions in the congolomerate package at Purdy’s Reward to provide the best understanding of the gold system.

    Novo has seen a sharp increase in its market capitalisation since the excitement of conglomerate gold in the Pilbara started building in mid-2017, with shares rocketing from about C$0.85 a share in June to C$8.55 apiece on October 10. However, Friday's statement punished the stock, which dropped 18% to C$5.45 a share.

    Artemis’ also tumbled on Monday, falling by 20% to A$0.27 a share on the ASX.

    The news from Novo impacted on the share prices of other Pilbara conglomerate explorers, including Venturex Resources, Marindi Minerals and Impact Minerals, which also plunged on the Australian bourse.

    At the weekend, Surbiton Associates director Dr Sandra Close urged investors to exercise caution, highlighting the risks involved in exploration.

    More than 25 publically-listed companies are currently exploring for gold in the Pilbara, all searching for gold that occurs in conglomerates. The theory is that rocks of a similar type and age occur in the Witwatersrand basin, which has produced more than two-billion ounces of gold.

    PLANT UPGRADE TO ASSESS GRADES
    Meanwhile, Artemis reported that it had started plant upgrade works at its Radio Hill plant, west of Purdy’ Reward.

    “The actual grades of all these conglomerate gold plays in the Pilbara is the ‘big question’ on people’s lips right now, and it is therefore imperative that we get this plant operational as soon as practicable to accurately assess gold grades and recoveries,” Lenigas said in a statement.

    Engineers have arrived at the Radio Hill nickel/copper/cobalt plant at the weekend and have committed to have the plant fully operational by the end of June next year.

    “Apart from being refurbished and upgraded to initially treat about 500 000 t/y of our Carlow Castle cobalt/copper/gold material, we will also be adding a new 500 000 t/y fully integrated gravity gold circuit that will allow us to exploit our numerous gold projects, including conglomerate gold, within the Karratha area. We also plan to immediately relocate our mobile 100 t/y Nickol River gravity gold plant to Radio Hill, hence allowing us to bulk sample conglomerate gold for grade verification purposes, prior to the main plant being ready,” he said.
  17. forum rang 10 DeZwarteRidder 27 november 2017 10:54
    quote:

    ruud71 schreef op 27 november 2017 10:47:

    [...]Pardon? Onzekerheid over de levensvatbaarheid van het gehele project lijkt mij geen gunstig nieuws.
    Het nieuws gaat over 'bulksampling' en niet over levensvatbaarheid.
    Goud winnen uit deze steenlaag is waarschijnlijk nergens ter wereld goedkoper, dus heel snel levensvatbaar.
    Investeringen om hier goud te kunnen winnen zijn bijna nihil vergeleken met een normale mijn.
891 Posts
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