Noront Resources

High-grade Ni-Cu-Pt-Pd-Au-Ag-Rh-Cr-V discoveries in the "Ring of Fire" NI 43-101 Update (March 2011): 11.0 Mt @ 1.78% Ni, 0.98% Cu, 0.99 gpt Pt and 3.41 gpt Pd and 0.20 gpt Au (M&I) / 9.0 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inf.)

over 16 years ago

I suggest to anyone who has doubts to reread

Noront Resources

over 16 years ago

The EAGLE 2 has landed NR carefully.

Some highlights:

Talks about DE2 being and extention of DE1, grades may be similar

Talks about a conduit from DE1 to DE2, this would be well over 2km in lenght as the conduit is in a V shape and the distance from top of V to top of V is 2KM. How much minerals could that conduit contain when you consider DE1 was about 270M long?

The last hole #8 is the deepest, at 65 degrees dip and 100m back of the first 2 holes which were closer to the center of the anomaly. This deeper hole intersected Pendlantite crystals a few millimeters in diameters. I am no geologist but this would indicate Nickel of significant %, probably 2 % or more.

Glorieux