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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Can anyone take a stab at identifying how much metal has gone from inferred to proven and if the lab results showed ANY new increase in tonnage. I have sent an e mail to NOT asking but they have not had a chance to respond. I was hoping Hoov or Geoprof would have commented by now.

To have as much money as I do invested in Juniors and have to ask these questions is a little embarrasing.

I suspect we did take tonnage from inferred to proven and did not increase total tonnage. It did look like we have increased the %'s of the good stuff. I also agree with Sum that they must know a lot about AT12 to devote so much effort to prove it up. Being not so smart I was always dissapointed in results from AT12.

Time will tell. God bless.

Goldfinger

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goldfinger
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