Well I do notice slight difference in your estimates of the chromite comparison for example...
for NOT, "There is some chromite" and for FWR you have, several chromite deposits, one of which alone has probably 100m tons of better than $300 a ton open pit accessible ore.".
NOT has some chromite ?
Toronto, Ontario, August 31, 2009. Noront Resources Ltd. (“Noront” or the “Company”) (TSX Venture : NOT)
is pleased to announce assay results from the final 30 diamond drill holes recently completed on its Blackbird chromite deposits, located in McFaulds Lake in the James Bay Lowlands.
Hole NOT-09-1G121 – 21.93 meters from 124.07 to 146.0 m averaging 32.53%Cr
2O3 in massive and intercalated beds; followed by 32.8 meters from 267.02 to 299.82 m averaging 21.84% Cr2O3
Hole NOT-09-1G125 – 28.62 meters from 112.4 to 141.02 averaging 34.13 % Cr
2O3
Hole NOT-09-1G157 – 28.27 meters averaging 39.31 % Cr2O3 in massive chromitite
Hole NOT-09-1G159 – 25.13 meters averaging 35.99% Cr2O3 in massive and intercalated beds
Hole NOT-09-1G168 – 20.85 meters averaging 38.06 %Cr2O3 in massive and intercalated beds
Hole NOT-09-1G174 – 12.23 meters averaging 38.76 % Cr2O3
Hole NOT-09-1G177 – 14.85 meters averaging 41.41 % Cr2O3in massive chromitite
AND
Toronto, Ontario, July 6, 2009. Noront Resources Ltd. (“Noront” or the “Company”) (TSX Venture:
NOT)
is pleased to announce assay results from 30 diamond drill holes recently completed on its Blackbird One and Two chromite deposits, located in McFaulds Lake in the James Bay Lowlands
NOT 09 1G 124 intersected 43.51% Cr
2O3 with a chrome to iron ratio of 2.17 over a 15.7 metre interval;
NOT 09 1G 135 intersected 39.84% Cr2O3 with a chrome to iron ratio of 2.12 over a 30.6 metre interval;
NOT 09 1G 136 intersected 39.64% Cr2O3 with a chrome to iron ratio of 2.06 over a 24.6 metre interval;
NOT 09 1G 139 intersected 41.13% Cr2O3 with a chrome to iron ratio of 2.05 over a 19.9 metre interval;
NOT 09 1G 142 intersected 40.14% Cr2O3 with a chrome to iron ratio of 2.19 over a 6.1 metre interval
AND
Toronto, Ontario, May 26, 2009. Noront Resources Ltd. (“Noront” or the “Company”) (TSX Venture:
NOT)
is pleased to announce assay results from twelve diamond drill-holes completed during in the latterpart of the winter on the Blackbird chromite deposits, and provides an update on project progress.
Hole NOT-09-1G130 intersects 21.5 metres averaging 41.58% Cr2O3, with Cr:Fe ratio of 2.13 within 30 metres of surface;
Hole NOT-09-1G104 intersects 25.1 metres averaging 36.82% Cr2O3, Cr:Fe ratio of 2.02 including massive chromite intersection 5.2 metres wide averaging 40.61% Cr2O3 with Cr:Fe ratio of 2.11;
Chrome resource delineation drilling nears completion, one drill re-assigned to test for nickel potential in vicinity of Eagle One;
Drilling continues on chrome, while testing for additional base metal and PGE potential
AND
TORONTO, ONTARIO April 27, 2009,
Massive chromite is amenable to dense media separation (DMS) at < 2 mm size fractions. Further testing is planned at the small lump and chip size to confirm that direct shipping ores can be produced by DMS;
Narrow intercalated chromite beds and heavily disseminated chromite within ultramafic beds can be combined to produce a high quality concentrate using conventional gravity separation;
Bench-scale gravity concentration tests provide Cr recoveries of 87% on massive chromite, and 80% on a mixture of heavily disseminated chromite and intercalated chromite beds;
Gravity concentrates grade 51.9 to 53.4% Cr2O3 with Cr:Fe ratios of 2.2 to 2.4 and SiO2 below 3%, suitable as metallurgical concentrate for ferrochrome production;
The potential for generation of high value-added products such as foundry sands, refractories, or
chemical feedstocks by further slightly lowering silica contents to below 1% is being investigated by continued metallurgical test work.
And there's lots more, but this is long enough....
