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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Re: Just another opinion…Canesco

Noront Resources

over 16 years ago

in response to BullyBoy's message

Sorry but I don't buy that and feel Canesco is correct.

Assay result on one single core means no rhodium value can be used in calculation of 43-101. That company 'response' indicated they had Rhodium numbers on other cores which where kicked back for reassay so Noront has at least a good idea of what's likely number. They decided not to have the reassay include Rhodium.

Best spin on this would be that resulted in speed up of assays BUT you just can't rule out dud results for Rhodium because if they were good they'd have asked they be done over so could be used in calculation of 43-101.