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.)

almost 15 years ago

in response to luckylou's message

We have no proof either way which chromite will be cheaper. The sulfides next to the BBs may gives us more PGEs making our deposit better. Our distinct gold zone near our chromite is another interesting link that may make our BBs better. We do not have enough info to say which is better and Cliffs has over played this IMO-no one knows. However the risk is real for those no tendering.