Noront Resources

" rumors from a solid source a few weeks back(during run up) of new regional hit other than chromite,,,"

Lot's of speculation on that one, Shakey. The rumors were there, allong with some interesting clues from the news release as well as Wes's speakings.

They say they have identified the contact (footwall) of the mineralized zone, and the new geophysics are designed to track it. How did they find it after all this time?

My bet is they found it by drilling through the chrome, or alongside it, and are able to relate it to the chrome zones. If this was true, and they can see it with geophysics, this would be huge. As Wes has said, they know exactly where and how to find the chrome. This would also explain why they did the geophysics right up and onto FNC land.

They said they were planning on a 2 mill drill program over and above planned expenses, then did a private placement for over 3 mill to pay for it. Wes says results will be forthcoming over several months on this drilling. This says they didn't just punch a couple of wildcat holes, but have undertaken a reasonably major drill program, and are getting results from it.

best regards

K