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.)

Form the Noront road show slides dated today on the Noront website:

Why Noront?
The Case for Noront in The Ring of Fire:

NICKEL—The Silver Lining in the new “Black Gold”

1. The only RoF co with Ni
2. Current 43‐101 on deposit—high grade and economic—will be expanded
3. Currently focused on delineating more Ni
4. Without Ni, Cu, PGM’s the Cr203 unlikely to be exploited


This is probably old news to this group, but I had not heard it stated so clearly. According to Noront, all that great Chromite doesn't mean much without some more Nickel to make it all worthwhile.

Interesting.

Still holding strong, and curious as athe rest of you about the HUGE trading volumes.

GLTA

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