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.)

over 10 years ago

in response to BarbuBeatnik's message

When I read the below from the Toronto Star:

I am thinking.....Noront... ...the fact that you are LOADING up on Fuel and other supplies...as you prepare to start construction next year....tells me...you have some sort of certainty...you can get underground ore to market.

"Noront is loading up on fuel and other supplies as it prepares to start construction next year on its Eagle's Nest nickel-copper-platinum mine.

The Star says the Ring of Fire is touted to be the next Sudbury basin. Noront has spent $200-million to date on exploration and Noront boss Alan Coutts says it is not worth burning up any more shareholders money on drilling further until there is some sense of certainty that they can get underground ore to market.

Noront is applying for permit approvals to build an all-season road that is 280 kilometres long"