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.)
noront
almost 16 years ago
24
in response to MichaelEr's message

Don't get upset because it's not 30 Meters of oz/s per tonne. This is sampling from the access points and that's a lot wider than the mining area so a lot of waste rock is figured into those calculations. Actual mining of mineralized zones with high/low grade sections likely to average out much higher.

Mining Gold is a business not a get rich quick operation. Lets wait to get the estimates of tonnage and grade the geologists are working on. Size makes a huge difference and nothing wrong with mining lots of ore with less than an ounce per tonne. Bet there will be areas there will multiple ounces per tonne as well.

Figure out that these zones have only just been reached and access gained. Far too early to sob and cry when the mineralized zones have yet to be probed and analysed.

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