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

This confirms theories of the exploration team --

Noront Resources

about 15 years ago

It seems to me that the Company is more excited about the potential for follow-up finds than with what they have found with these holes.

They say clearly that this confirms the theories of the exploration team (ie geos including Prof. Mungall) - which means that the E1 A,B,and C pods are part of a much larger deposit, perhaps kilometres in extent, a conduit with multiple pods, i think.

All drilling will now concentrate on this area. So expect quite a lot of results over the next few months. Not sure what that means in regard to the chromite, looks like it is on the back-burner for now; and yet some are going to S. Africa -- perhaps someone there might be interested in a j.v. for just the chromite deposits?