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.)

almost 14 years ago

in response to IAMSUDBURY's message

An addition of 1.5 to 2M tonnes also means an increase of 15% on the PA !!

The stand-alone economics of the Eagle's Nest Ni-Cu-PGM deposit, based on the Assumed Metal Prices(1) are:

    <<
    -   after tax NPV at a 6.0% discount factor of approximately $540
        million;

540 now just became 621 Million.




And the fun part is that it doesnt end there .. in december i am waiting for 4 years. Good to see that it is going to pay of finally