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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Question for geoprof

Noront Resources

almost 14 years ago

You recently posted: "I am disappointed with the proposed 2011 exploration campaign. At this point in time, I see no justification for pursuing further, relatively expensive, deep drilling or fill-in drilling at the Eagle's Nest deposit. Firming up the present mineral inventory or discovery of other deep ore bodies will have, IMO, no significant positive affect on the SP......the economic analysis, vis-a-vis IRR, payback etc will not be significantly improved."

Given that economic viability of deep ore depends on depth, tonnage and grade, and in light of the recent drill results, do you still believe what you wrote to be the case? (This is a sincere question, not a cheap shot.)