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

in response to QQ_Girl's message

I tend to get the feeling that this type of gold deposit is nothing at all like Windfall and it's thin quartz veining but more homogenous layer/thickness which is gold bearing. If this feeling is correct then the deposits could be both easier to mine and tonnage considerable. At grade assayed sure looks like evaluating by more drilling.

Key here again is still that a huge deposit is necessary to support the cost of getting infrastructure into the ROF. Once the infrastructure is in place ALL deposits get boost in value AND many become potentially economic.

So far the type of deposits likely to support infrastucture costs remain Nickel and Chromite getting closer.