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.)

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Chromium News Release

Noront Resources

over 16 years ago

Is this release more important than we realize?

Even though deep it's rich if it values out at $1000 a tonne. There are gold mines pulling out ore that's less valuable at that depth.

I'd expect more information on this as well as if there are other, deeper deposits below this or that would be accessed from this area if it was taken out, on the way down. 150 Metre strike lenght doesn't seem overly large but 20 to 70 meters of thickness sure gets one's attention.

Not sure if releasing this at same time as other news was the best way to handle it but then hind site is easy. Still honestly believe there will be more interesting news coming sooner than the market expects. Nemis could drop a 'bomb' at any time since the drills are turning and the geologist seem to know where to poke the holes.