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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Vanadium

Noront Resources

about 15 years ago

Are these mineable grades - if we have a road or railroad already in place. 1/3 to 1/2 a percent of something that sells for $7 lbs looks like $70 per ton? I thought our cutoff was around $100-130 per ton?

Not saying there is not higher grades elsewhere but seems like we need to get over 1% Vanadium to move the heart rate...

But put some Vanadium sprinkles on my 100MT of Ni Sunday anyway - I like the flavoring!