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: OT - Teck news

Noront Resources

over 15 years ago

OT - Teck news

Noront Resources

over 15 years ago

Saw this news tidbit on Teck re: exploration and development.

Teck Resources Ltd. will renew efforts to divest more of its gold assets now that it has struck a deal to sell a one-third interest in a B.C. hydroelectric dam. Greg Waller, Teck's vice-president of investor relations and strategic analysis, said the Vancouver-based company doesn't want to get out of the gold business entirely, but wants to turn its focus back to exploration and development. "We had decided a number of years ago the gold assets weren't core to our business. We didn't really need to sell them a few years ago, but it certainly makes sense now that the gold price is healthy," Mr. Waller said.

Maybe they'll turn the focus to the ROF. Another nickel strike might get them interested.

Snug