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.)

This could be quite a shrewd sequence of events. You first establish the economic viability of what you have, make the case for a stand alone mine. We know the deep drills are coming. If you've made a reasonable case with what we know to date, imagine how attractive it looks if you then find a large increase of the resource, with the deep drills?

If we're playing chess, I think it better to get this concept out and load up from there. There's just something here that doesn't feel like an accident- either for the TSX main board, getting our ducks in order for a takeout or trying to maximize the impact of looming news.

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frnwid
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Noront Resources
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