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.)
in response to SS76's message

Hi SS76,

Our process of review and rebuttal took about 4 years for our US patent and then another year for our Canadian patent (the system is a bit ponderous). Keep in mind though, that as soon as the original application is made, you are protected from being copied by the international patent treaty rules. No one else can "scoop" your invention during the application process. That is why people place the "patent pending" label on new products. It lets people know that they cannot copy your invention, even though the patent is not yet granted. Of course, if you do not receive a patent, then all bets are off at that time.

The upshot of this is that KWG (if they were in a position to do it) could institute their process today under protection of patent law. However, if at the end of the application process they do not receive a patent, then they would not own the rights to the invention. Anyone could copy and use it to process chromite anywhere.

This is an very over-simplified version of the issue, but it summarizes the basic idea of a patent as I know it.

RHammer

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RHammer
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