HIGH-GRADE NI-CU-PT-PD-ZN-CR-AU-V-TI DISCOVERIES IN THE "RING OF FIRE"

NI 43-101 Update (September 2012): 11.1 Mt @ 1.68% Ni, 0.87% Cu, 0.89 gpt Pt and 3.09 gpt Pd and 0.18 gpt Au (Proven & Probable Reserves) / 8.9 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inferred Resource)

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Message: Melkior's statement concerning Noront's Double Eagle?

Melkior's statement concerning Noront's Double Eagle?

posted on Mar 27, 2008 08:05AM

Did not see any "title" references to Melkior's press release this morning re: how they perceive their new claims at Ring of Fire as superior to Noront's. Maybe this has already been commented on, but this section from the press release was a pretty bold assertion, I thought. Sounds like they are saying "we've got the main ore body - and Noront only has a little branch off of that." Comments any of you geo's?

The property has been staked over the largest gravity anomaly in the McFauld's Lake area. This anomaly is of sufficiently large size and amplitude to suggest that it is a mafic/ultramafic body that could be the central intrusive source for the massive nickel/copper mineralization recently found by Noront. This interpretation would be consistent with the Noront mineralization occurring as an offset dyke from the main intrusive center similar to offset dyke deposits in the Sudbury basin.” (Emphasis added.)

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