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.)

"And another year goes by."

The above statement looks like one of those glass half empty opinions.

With the great targets that are about to be drilled I personally am on the side of glass half full.

According to geologists, Z-TEM is a major leap forward in the exploration field.

They tell me it works by sensing the earths own conductive strengths as opposed to inducing a charge into the earth and waiting to see how long it takes to dissipate. Hoov tells me it uses something called Magnito-Tellurics.

In any event, it is a major advancement and gives companies the ability to find mineralization that until now was not seem by previous methods such as VTEM and ground geophysics. Ztem creates images as deep as 2000 meters.

Until Noront flew Ztem at eagle one they were uncertain to what depth the deposit extends. Ztem immediately showed them it is indeed open at depth and indeed extends well beyond the current drilling at approx 1000 meters. That was when they stoped work elsewhere and brought in more drills at E1. They subsequently proved it works by drilling up core that showed nickel copper etc in lense B and C and now continuous to at least 900 M.

Geoteck has now flown Ztem at UC and other properties and many new targets are now in play including the UC west block that is now being drilled as we speak.

My glass is half full and hopefully soon to be overflowing.

Please...would all the technical people on here please give a better explanation of how ZTEM works...thx

SN

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