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)

Free
Message: Lots of Information requires carefull reading

Lots of Information requires carefull reading

posted on Apr 02, 2008 01:26PM

It doesn't hurt to read and reread the latest news release as it takes awhile to assimilate everything.

One example is early on where discussion of DE2 takes place "Further drilling at Eagle Two (Anomaly AT2) continues to trace a Shear Hosted Sulphide ("SHS") zone containing bands of massive sulphide mineralization with visible copper-nickel minerals from the Precambrian rock surface (starting at 10 meters below surface) to 190 meters below surface where the approximately up to 21 meters thick, 75 meters long oval-shaped mineralized zone is within 30 meters of the favourable underlying granodiorite intrusive contact."

On the surface it might be assumed that this is a small ore body as the magnetic signature is not large. It is not until reading further along where it become clear that this could very easily be a very deep trending body of ore and the size large indeed. I'd expect a lot more news on this deposit as Noront seems to have it's measure and next drilling will be on the button.

Will be interesting tomorrow to see if some of these important details 'sinks in' and we see a claw back in the share price.

Share
New Message
Please login to post a reply