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.)

almost 16 years ago

Re: NEWS - Noront Completes Preliminary Economic Assessment on Eagle One Deposit

Noront Resources

almost 16 years ago

addition analysis

Noront Resources

almost 16 years ago

2 imp points: eagle 1 capital payback 2.2 years and tax revenue

Noront Resources

almost 16 years ago

in response to AGORACOM's message

...These projects will continue to create additional jobs for Northern Ontario residents and the potential for large tax revenues. We are particularly thankful to the Native communities in Ontario who are very adequately and diligently supplying some of our exploration work force".

This point may be important to get Government support as it only relate Eagle 1 only.....

...P&E Mining Consultants Inc. has recently been involved in Ni-Cu-PGE preliminary economic analysis and feasibility studies for Barrick Gold Corporation, Lac des Iles Mines Ltd, Marathon PGM Corp., Ursa Major Minerals Inc. and Canadian Royalties Inc...

....if our payback is 2.2 years, it may attract other majors which hire the same consultant to do the study...