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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In Ontario you get the right to explore for 'subsurface' minerals when you 'stake a claim'. Surface deposits such as sand and gravel belong to the government and are not covered when you stake a claim. Sand and gravel DO NOT belong to the owner of the claim.

If you or I want to set up a 'gravel pit' on someones claim you apply to the goverment, meet their requirements and if they grant you a permit you pay royalties on production.

When you own a claim you do not own or control surface rights. The government does and they can grant those rights to anyone they want to.

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