Novo Resources (NVO.TO): Approaches Gold Production Goals at Beatons Creek
Dr. Quinton Hennigh comments on Novo Resources’ success at Beatons Creek in approaching optimal operating performance in July and applying net cash flows to fund aggressive ongoing exploration on various gold targets in Australia. July production of 8,589 ounces of gold, if continued throughout the year, would enable the company to achieve production at Beatons Creek alone of approximately 100,000 ounces annually.
Great reflection in the stock price! Dang wait for them to come out with more good news. Maybe the stock price will go below $1!
Everybody is waiting for that to happen 😉
They’ve got to prove out the sorting to get the grades higher at the mill. Would be a game changer to get grades up to 4,6 or 8 gpt.