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.)

Just to visualise the potential multimillion tonne reserves of Blackbird 2 a bit:

Hypothetically speaking:

if you have a piece of land in the form of a cube, that is 100x100x100 meters

then you have a density(hope it is the right english word for it) of about 2.5 per m3 (please correct me if this should be higher)

then you have: 250x250x250 tonnes of ore in only a cube of 100x100x100 meters. This is not that unthinkable imo.

This would result in a total of about 15-16 million tons

Multiply this with $1890,- per tonne

You'll reach about $ 29 billion dollars worth.



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