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.)

about 15 years ago

in response to sammyk's message

that is my though as well but looking for different opinions...I know VB had some differences between ovoid and the Eastern Deeps but grades were not off by much. If our grades hold well at depth and we had 2.921M tons grading over 2% nickel plus all the other credits (from NI 43-101) and now we have extended Eagle 1 by 60meters and have 2 new sections of 200meters each, I am thinking that unless we drilled into 2 pencil type deposits (I do not believe that for 2 seconds) we now have somewhere around 10M tons of 2% nickel minimum...I cannot fathom this not being mined.

Glorieux