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.)

long34 made the following comments:

Bets are on that assays for the two intercepts in hole 49 are coming in slowly. The first intercept of 241 meters will need 250-300 assays. The second intercept of 196 meters will need another 200-225 assays. Thats 450-525 assays and that will take a long time to complete. IMO we will see reports plus of 100 meters running over1% nickel in both holes. Good news is that the mineralization extends down to 900 metrs and with the geophysics they may be sitting on an elephant. Time will tell

Maybe they have another discovery?

437meters of samples will take some time no doubt about it, thing is we have no firm timeline as to when sample actually hit the lab thereby making an estimate of release of assays a crap shoot, makes one wonder how long we'll have to wait for our Hole 49 assays. Having said that perhaps we'll get visuals from hole 50 well in advance of 49s' assays.

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notster
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