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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Re: Xstrata news coming

Noront Resources

almost 16 years ago

in response to woodstock135's message

For Noront the most important part of this release is:

"We will continue to aggressively develop our low-cost mines at Nickel Rim South and Fraser Morgan, and to make prudent investments that allow us to operate successfully throughout the business cycle.”

The 'ROF' Nickel deposits are both too close and too rich not to be consider a part of Xstrata's long term planning.