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.)

Can anyone comment on the following? Why would a single magmatic event significantly enhance the exploration potential?

"work by Dr. James Mungall suggests that the Ring of Fire deposits are emplaced as a single magmatic event. If this is indeed the case, the exploration potential of the Ring of Fire is significantly enhanced."

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seawind
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