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.)
Airborne surveys were flown to try to find conductors, and AeroTem and VTEM , these are both electro-magnetic methods I’ve briefly described before, and what we get back from these surveys are pics of places which are thought to be underlain by conductive bedrock.
The AeroTem conductors are yellow on this map, and the VTEM ones are red but basically they’re saying the same thing: if you drill there you should encounter something which is conductive, which may be a magmatic sulphide deposit.
So drilling is what we’ve done, Noront’s been drilling here at Eagle 1 and at Eagle 2 and Blackbird, up here at AT12, and Freewest and others have been drilling in the middle.
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Noront Resources
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