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.)
Re: Footwall?
about 15 years ago
4

Each deposit has its own charecteristics depending on how it originated. Hole 05 in E1a was drilled straight down through the center and had stellar grades. In fact we rose to seven dollars on the initial info. Well, E1a has a footwall as well that the latest release says BH49 chased said footwall down 1000m. It would be interesting to see a hole down through the center of E1b and E1c and see what the grades would be. Lets hope history will repeat itself and the grades will mirror E1a. Lets not forget that the intercepts with the orebody(s) are huge. Although this is an underground developement, in open pit analogy, 200 meters is 13 mining benches down which makes for a very deep hole. We have two such intercepts. The challenge now is to get an understanding of the girth of the orebodies which gives us the volume and value. These are exciting times.

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