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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over 11 years ago
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in response to JDR's message

It only makes sense to drill off the inferred to a higher category if the inferred resource is at the shallower depths. Otherwise it would be waay to costly (if I remember correctly up to $1,000,000 for the deeper holes), and most here recall the technical difficulties that were encountered hitting the ore body at those greater depths . Presumably they would likely only prove up the deeper resource via underground drilling once mining was well-established...non? Perhaps sending out a scout drill to some of the more prospective regional anomalies would be the better option....poke some holes down to 500m?...

Cheers, Luker

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luker
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