Novo Resources – A Comprehensive Update on the Mechanical Sorting Advancements and What It Means For The Overall Pilbara Region
Quinton Hennigh, President and Chairman of Novo Resources (TSX-V:NVO & OTCQX:NSRPF) joins me for an in depth discussion recapping the news from November 12th outlining the advancements in the mechanical sorting technology. We chat about the highlights and what it coupe mean for all the projects in the Novo portfolio as well as answer some of your questions regarding costs and outlook moving forward.
Please keep your questions coming by emailing me at Fleck@kereport.com.
Click here to read over the full Novo news release from November 12th.
Tomra site:
https://www.tomra.com/en/sorting/mining
The nice thing about these mechnical sorting machines are not expensive (less than $1 million) compared with some mining costs.
AND NEEDS NO WATER.
I wonder how many ounces of gold Novo is sitting on?
Nobody knows.
Groucho knows but he’s not telling. Quinton must have a ballpark guess.
About as many oz as in South Africa
Steinert site:
https://steinertglobal.com/us/magnets-sensor-sorting-units/sensor-sorting/combined-sensor-sorting-systems/