$PSGR This_is Similar_to PAST PERSHING CLAIMS
Post# of 1517
Very similar, IMO, very similar
http://www.novoresources.com/news-media/news/...ent_id=296
FROM : .. http://www.novoresources.com/news-media/news/
Partial Excerpt : .. Novo Secures Test Plant for Processing Bulk Samples
VANCOUVER, British Columbia, Feb. 06, 2018 (GLOBE NEWSWIRE) -- Novo Resources Corp. (“Novo” or the “Company”) (TSX-V:NVO) (OTCQX:NSRPF) has entered into a commercial arrangement with SGS Minerals of Perth, Western Australia, to secure access to a test plant for the processing of 5 tonne bulk samples from its Karratha Gold Project. SGS is a leading service provider to the global mining and minerals industry. The Company’s previous news releases have described the nuggety nature of mineralisation at Purdy’s Reward and Comet Well. In gold systems containing a high nugget effect, the statistical impact of this means that a relatively large sample size is required to ensure the resultant assay grade is better representative of the surrounding material. In ongoing trenching works at the Company’s Karratha gold project, Novo will be excavating a series of 5 tonne bulk samples. Samples to date have mostly been in the range of around 300kg. Processing of these sample sizes through conventional laboratories has proven time consuming and costly and provides indicative grades only for each sample. As Novo comes to grips with analysing this unique style of gold mineralisation, the Company has been working to continually improve its sampling and analysis processes, hence the focus on investigating cost effective and timely alternative solutions to obtaining the grade of the bulk sample material. Faster turnaround times will be invaluable for the exploration team in the field, with a more rapid feedback loop significantly improving the understanding of gold concentrations relative to geological features.
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And here is the point that I obviously wish to make :
(1) NOVO Will actually do the work
(2) NOVO Will actually report the result
Disclosure : .. I own A LOT of PSGR shares
and I own just a few NOVO shares.
Managers(?) at Pershing, please take note .
Until2017