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.)

All the drilling to define Blackbird Chromite is done on an angle. This makes it rather difficult to figure out just how far from surface these beds lie.

Noront seems to be forging ahead and will have a handle on size/grade of the Blackbirds well before FWR and others will be able to do the same. Management isn't pushing blue sky numbers for potential size but hints are there that this could be larger than 'the market' is giving credit for.

Hey HOV, any guesses from you?

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