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.)
Ubuntu
over 14 years ago
2
in response to IAMSUDBURY's message

If I was a company looking to take a piece of or the whole project, the more resource proven up the more I would pay for it. So to answer your question, I would say yes it makes it worth more. Would you pay more for something you think is worth X amount of dollars or you know it is worth X amount? Proving up a resource takes time, inferred resources sound to me like an educated quess of what is there.

Phats...(Sean)

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