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.)
in response to StevieRay's message

It is my understanding that the total amount of assessment work performed must be about $700K (i.e. approx $6K/claim) by June/July 2011. With contiguous claims, that amount, $700K, can be spent on at least one or more claims. If less than that amount is spent, then forfeiture of some claims is a distinct possibility.

Respectfully submitted

geoprof

Please login to post a reply
geoprof
City
Toronto
Rank
President
Activity Points
5933
Rating
Your Rating
Date Joined
02/22/2008
Social Links
Private Message
Noront Resources
Symbol
NOT
Exchange
TSX-V
Shares
326,029,076 As of Jan 17, 2017
Industry
Metals & Minerals
Create a Post