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: Drill results?

Noront Resources

almost 14 years ago

in response to Cylinder's message

"Well, for starters, Mountain Lake is only looking for a single metal in their samples"

And to add, gold is the easiest metal to assay for.

At any rate, Not will not release visuals, unless it is a market changer. Consider that they completed hole 95? to 1700m at end of August. A first wedge hole from 1300m is also complete, to 1650m and ended in mineralization and they immediately started the second wedge off the first one in order to try and get a cross section to give them an indication of width. The second deep drill is just approaching this depth from the other side and expects to reach mineralization at any time.

The above consists of 20% fact, and 80% the result of an overactive imagination, but does serve to suggest what the near term potential is for this company. Tie this in with the winter season quickly approaching, resulting in a return to AT12 for ground geophysics and additional drilling, as well as those two drills working on other prospects. If they prefer to hold news until they can begin to provide the impetus for a sustained rally in order to realize a gain on those 2.80 options, I can live with what we have for the moment.

Best regards