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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We can all see the effect of the current situation on the ROF and Noront.

I sincerely hope that the issues are resolved in the near term and that we do not end up in a similar situation in the future.

It would appear to me that any solution must address a concern voiced by ROF companies in the past which consisted of the need for necessary rules that companies could follow when dealing with particular stakeholders.

Additionally, we should also expect to see a meaningful dispute resolution process that would ensure continuity of particular initiatives. This would in my opinion be a crucial requirement to allow for the necessary certainty that we are sadly lackiing.

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11/22/2011
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Noront Resources
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