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.)

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Re: Flow Through - curt22go

Noront Resources

over 14 years ago

in response to curt22go's message

a 26 million dollar drill program in 10 months.. I would think they want the blockade down as much as we do.. That is a lot of money to spend in that short of time

curt,

one deep drill hole (and that´s only to the 1000m level) costs

$ 1/4 million = $ 250.000 !

We are bringing in 2500m drills.

That´s $ 625.000 per hole !

I think, there will be no problem spending $ 26M this year with 2 deep drills and 5 "standard" drills.

I´m more concerned about the assay analysis which will take quite a long time, because $ 26M worth of core produces a hell of a lot of work for the labs.

FANTOMAS