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 Burnhard83's message

Bernhard

Many of those VMS discoveries were the result of older tecnology - airborne geophysics.

This field is changing and improving rapidly.

With Z-TEM for example they can take readings that go much deeper and when they combine that with "inversions" they can define their targets much more precisely.

UC for example has recently flown ZTEM over McFaulds #5 & #6 and have done the inversion on the same. They are currently reviewing the data with Scott Hogg who will recommend exactly where to drill. Based on the recent data, they think that the previous drilling by Spider just missed the main body of base metal mineralization.

They also flew ZTEM over the high mag bullseye area on their west claim block on the boarder with Noront. They are planning to drill this latter this summer. This is very close to E1 and to the drilling that Noront did on their property earlier this spring. Noront is remaining closed lipped about those results. Could we have another E1 on UC property???