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.)
in response to Polylabel's message

This is a quote from UC resources Q&A posted on that board. It may tell us something of the possibility of JVs or takeovers. Its a quick read if anyone hasn't read it. Some non ROF stuff in there, but I found this interesting.



"The only thing better than location location in the mining exploration business, is having a huge land position in the right location. Small property parcels offer small possibilities. Anyone attempting to consolidate this exploration region will look for location and size and from this prospective the UC land package is high on any list. Larger companies will not want to consolidate to make others properties worth more and more expensive to acquire. The exploration process in the “ROF“is very expensive and must be done with diligence and patience."



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