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.)

Sorry for the second questions already this morning - When I do research on mineable grades of gold - I get between 10-11 grams per ton as the minimum needed? (am I wrong?)

Where the gold is matters alot of course? Hard to get a good feel for how our location compares with other mines in Canada?

Our 2 and 3 grams per ton that was in the Windfall report makes me think that this project should be put on hold for a few years until we make our money in the RoF. Since $29M will go fast!

I would love to know why I am wrong - as I am drinking the Noront Koolaid once again. I just don't see the new board proceeding with this project unless it is a cash postiive venture in the very near term?





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semismart
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