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.)
17
in response to notster's message

Your post had:

Now one could look at the rumor of step out drilling hitting bigtime and do a work up on tonnage, lets just say we've done a 100m step out and intersected as much or more, that would/could give a width of say..200 meters, for modelling sake lets use the 200 for length as well, so now we have a deposit thats 200 x 200 x 437 (dual zone inclusive) x 4.5 for density. 200 x 200 x 437 x 4.5 = 78,660,000 Tons

If we get a quarter of that we should see $20 as per my post. If we get your tonnage number and maintain 2% nickel grade...WOW, no wonder everyone and their brother in law are pilling into this one!!

Glorieux

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glorieux
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