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: On Edge regarding Windfall

Noront Resources

almost 16 years ago

"All four drills should be defining the chrome resource rather than searching for the next big strike."

Can't agree. Proving other finds is far sexier than proving up resource as we've already found and it uses a lot more drills for resource than carefully mapped drilling for new finds. New finds stimulate imagination more readily and where the CR is concerned, the majors can pretty much determine how major the find is when plotting numerous strikes as opposed to drilling one anomaly with 40 holes. What would you think if we found 40 more deposits as opposed to proving up one find with 40 or so holes. It's a lot tastier.... 40 new finds.... as opposed to one find with 40 holes in it. Sexier for investors, sexier for majors.