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

in response to rodg45's message

I appears that Melkior Resources (MKR) is claiming or at least postulating from their press release (see post before this one on Melkior), "our magmatic anomaly is bigger than Noront's", and "therefore, we have a bigger nickel deposit". The problem I have with that is that it has not been drilled, and from everything I've read about magnetic surveys (airborne, VTEM or otherwise) is that they cannot accurately tell exactly what metal make-up is being detected (i.e., whether it is a chromium deposit like Spider hit or a nickel/pgm discovery like Noront hit).