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: chrome assays

Noront Resources

almost 16 years ago

in response to khareema's message

Hey K

In my opinion, this is one long continuous orebody with different mineral compositions in different areas depending on how long they were transported before precipitating out. The chromite certainly has been demonstrated to cut quite a swath through NOT, no doubt FNC, FWR/SPQ etc. The issue of the blackout may be a matter of self preservation. News of a large Ni/Cu deposit or sgnificant PGM's will attract attention and a major/buyer at a time when acquisition is cheap and not in the best interest of anyone except the acquirer. It is difficult to imagine that NOT, FNC and some of the jvs have been exploring and have nothing to report.