Thanks so much to Samol for his post.
It is yet another reminder of why Noront is just so attractive and thereby is adhering to rule#6.
Even Mother Nature is on Noront's side. Please pay special attention to the bolded parts. So...we've caught the eye of ALL those interested in the mining industry..even Mother Nature has been kind....
Although it is not the first company in the McFauld’s Lake area, Noront Resources has made, within a couple of years, discoveries that have caught the eye of all those interested in the mining industry. This area is the most significant in Canada mining exploration since Voisey’s Bay grabbed the headlines, and there is the promise of both base and precious metals below ground in this remote location.
In 2007, drilling confirmed the presence of a huge ultramafic intrusion that was dubbed Eagle One and that was later revealed to hold three million tonnes of high-grade copper, nickel, and platinum group minerals. That same year, two kilometres away, Eagle Two came up with high nickel grades that could be directly shipped without on-site processing, indicating a seven-year mine life.
In 2008, discoveries Blackbird One and Two, both a short distance from the camp, offered a bonus deposit of massive chromite, in one intersection averaging a handsome 41.56 percent. Smelt this mineral and obtain chromium and ferrochromium. This lustrous hard metal when combined with iron to make stainless steel is highly resistant to corrosion. There is no substitute for chromium in stainless steel, and the demand for this product will be heavy in Canada. Further drilling and metallurgical work in 2009 confirmed the high quality of the Noront deposit.
Noront is the dominant landholder in the Ring of Fire area, is well engaged with the Webequie and Marten Falls First Nations, and has no difficulty finding major financing. Nature has even smiled on the project of this fast-moving junior in placing the deposits in a flat-lying area most convenient for airborne geophysics. Icing on the cake of the nickel and chromite discoveries are associated platinum group minerals and vanadium, a steel additive used also in cladding titanium to steel. Such an endeavour in the James Bay Lowlands accessing such polymetallic finds is well worth a closer look
