Quite the contrary, the intercept and grade are quite good. The fact that this intercept is 70m's below holes 28 and 32 bodes well for the additional tonnage which will be added to the 43-101 eventually. My question to the board for tomorrow is:
"Ongoing drilling at Eagle One has produced Hole 44 which had quite a good intercept of 28.8 m grading 4.21% nickel, this hole 70m below holes 28 and 32 which were drilled dip towards each other holds great promise for the espansion of the Eagle One resource as we now know it. From the release dated January 13th. and additional 10 holes are referenced as having mineralization that is considered less significant. Can we get clarification as to the exact mineralization of these 10 holes including UTM's, direction, dip, and of course the intercepts of the said less significant mineralization, as well as the expected release of assays from the 10 holes. "
From the January 13th news release.
As previously announced (see press release dated November 10, 2008), while
testing for the north-south striking dike or conduit beneath and around the
Eagle One deposit, drill hole NOT-08-44 encountered massive sulphide
mineralization 70 metres vertically below holes NOT-08-28 and NOT-08-32.
Selected assay intervals include:
TABLE 1: SELECTED ASSAYS FROM EAGLE ONE
------------------------------------...
Hole ID from to int Ni% Cu% Pt g/t Pd g/t Au g/t Ag g/t
------------------------------------...
NOT-08-44 294.0 322.8 28.8 4.21 2.14 0.35 6.30 0.14 4.31
------------------------------------...
including 294.0 301.6 7.6 1.16 0.98 0.73 2.73 0.10 2.65
------------------------------------...
followed by 301.6 315.7 14.1 7.46 3.65 0.10 10.33 0.20 6.80
------------------------------------...
followed by 315.7 322.8 7.1 1.03 0.38 0.43 2.12 0.08 1.15
------------------------------------...
>>
While hole NOT-08-44 had the best drill intersection (not true width) of
massive sulphide, a further 10 holes drilled in the area returned
mineralization that is considered less significant. Nevertheless, this
drilling has expanded the geological and mineralogical information available
to Noront and has allowed the Company to better target further drilling on
this deposit. Details with respect to locations for these holes are available
on Noront's website at:
http://www.norontresources.com/proje...
Thank you.
Also, the above link to the website is non functioning.