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: First time seeing......

Noront Resources

almost 10 years ago

in response to cupcake's message

Thanks for this Cupper.....

Here's what I got from that, besides the current finances....

- Eagles Nest will be in production in 2018 ; in late 2019 there will be furthur expansion at Eagles Nest ; in 2020 the first stage of Chromite production ; in approx. 2022, furthur expansion of Chromite ; in 2024 Thunderbird begins production ; and in 2025 new Nickel exploration.

- Eagles Nest will produce approx. 10.2% Nickel grades, 5.7 Copper grades, 5 gpt Platinum, 19 gpt Palladium and 1 gpt Gold.

- Bulk materials will be mobilized to Eagles Nest over winter road this winter

- Blackbird will have shared infrastructure with eagles nest and will produce approx. 1-2 million tonnes per year in an underground chromite project ; 600-1200 kilos per ton of high grade concentrate which may become 300-600 kilos per ton of high carbon ferrochrome.

- Infrastructure will kickstart round two of a claims and exploration rush. ROF is currently poorly explored.

This is all from the corp. presentation. Thanks again Cup !

strato