Original article by Angela East
stockhead.com.au – Page: Online : 5-Oct-18
Novo Resources chairman Quinton Hennigh has told the recent Precious Metals Investment Symposium in Perth that it plans to start bulk-mining in the Pilbara region in 2019. However, it is yet to advise markets as to possible grades or reserves for its conglomerate gold projects. Canadian billionaire Eric Sprott, who is Novo’s second biggest shareholder, told the symposium that the best way to find out what sort of gold resources the Pilbara has is to probably just start mining. The Pilbara has similar geological formations to the Witwatersrand Basin in South Africa, which is the world’s most productive gold region.
NOVO RESOURCES CORPORATION, KIRKLAND LAKE GOLD LIMITED – ASX KLA