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.)
Key words here are ......"to complete a regional community service corridor study." Keyword is complete. Most of the really tough work has already been done by The study (by Noront---Semple's work) was completed more than a year ago. The inclusion of the four FN groups signifies that consultation and social contract obligations are agreed to. The $ 393.8K @ split for community studies was a required PR step. I expect the 6pm announcement will include permitting/EA stuff along with Coutts announcing the beginning of the private sector financial contribution. Hope I'm right. Peter
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Peter Marshall
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12/21/2007
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Noront Resources
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