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: It was my pleasure...(Hoov, Mynot)

Noront Resources

over 13 years ago

in response to Douger's message

There is no need to have 6 drills turning during a blanket exploration for unknown targets. IF, a target becomes a possible resource ,the drills will be returned to action. The company is in an ever increasing distance from Eaglesnest geology understanding mode. We are waiting for Ontario government and FNs, Cliffs and FNs, to get finalized on negotiations and ecological studies to get started. I believe Noront is ready to start when the others have finished. Conservation of funds and a slow search for a second mine to add to the company vault, is prudent and sensible.