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.)

over 14 years ago

Gold and silver prices rallied sharply yesterday to close the week at $1,179 and $18.69 while US stocks fell by the most since January with the Dow Jones off 158 points at 11,008 and the S&P off 50 points at 1,186. Chartists see gold on its way back to the high of $1,226 set earlier this year and for silver to pass $20 an ounce again. The performance of precious metals in this sell-off could be very different from late 2008 when gold and silver prices also fell dramatically.