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: Assay time?

Noront Resources

almost 14 years ago

in response to B-Jay's message

We saw the OSC head in the press the other day flashing and gnarling his new false teeth. He was reportedly seen out on Bay St the other day shopping for a hat that has WOLF in large letters.

Of paramount importance in Ontario in particular is that ALL drilling results be published within 10 days of receipt by management. Some in the industry prefer the current highly subjective system which leaves retail holders in the dark unduly and unnecessarily.

There is no such thing as a drill hole that is not material. Disclosure lies at the root of most Bay St. abuses. But who else has a WOLF on a short leash ?

All kidding aside, NOT's problems will oinly go away as the resource expands to world class from mediocre, and the price of nickel rises/firms. Currently majors have virtually no budgets for new heavy mine infrastructure development. With international political and economic risks high, all capital is reserved for incremental development with relatively short paybacks.