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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Hello 'Reality Check'

Noront Resources

almost 16 years ago

At the moment there is 'inferred' a strike length of rich chomite about 10K long from FWR thru to Noront.

Noront has done a limited number of holes thru the Cromite and assay results, analysis pointing to ore that should be saleable. No idea at all of size/tonnage of deposit other than very rough guesses.

FWR has only hit on a few holes and visuals indicate nice looking grade. Nice hit on large step out but nothing in between. Loose lips say 100 Million tonnes BUT nothing like enough holes to even come close to backing up this statement.

Look I think the Chromite story could be huge but at this stage of the game stating the strike length continues all the way around the ROF can't be backed up and neither can estimates of size other that 'kind of looking good'.