A Cosmic Theory and 2-Inch Lump of Gold Spur 500% Novo Surge
- Explorer posits he found the largest gold source’s lost twin
- Company assessing nuggets scattered across Australia holdings
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Quinton Todd Hennigh has spent 13 years scouring the Earth for clues to back a hunch: that the world’s biggest gold resource has lost siblings elsewhere on the planet.
Now the president of Novo Resources Corp. thinks he may have found a counterpart of South Africa’s Witwatersrand in the ancient red rocks near Australia’s northwest coast. In July, his company zeroed in on a gold find that’s confounded geologists and sparked a 500 percent surge in the explorer’s share price.