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: Preliminary site visit report

Noront Resources

over 14 years ago

in response to hoov's message

Hoov, thanks for the great report. It is appreciated. I also would like to respectfully ask a question. It is about the drill at AT-12 that may apparently soon be available to someone else.

NOT has a 50/50 JV with PRB on land just north of Eagle Nest. PRB is currently the operator, until March 2011 at which time NOT will be the operator for 2 years. PRB has indicated that they plan on deep drilling in search of nickel on this PRB/NOT claim that is only 400-500 meters north of Eagles Nest. It is my understanding that PRB needs to get a drill (I believe a deep drill) before they can proceed. I had heard previously that PRB was hoping to use one of NOT's drills. If PRB hits nickel, NOT will substantially benefit. Since NOT has a very significant stake in the drilling results for nickel on this JV land that is so close to Eagle Nest, I was wondering if there was any mention on your trip about NOT possibly letting PRB use one of their drills.

Thanks in advance for your thoughts.

Profitz