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: Re: News release telling, must read between the lines

Noront were very carefull to explain that the lab failed to properly assay certain 'test' samples that were included in total run of samples as a 'Quality Control' procedure. Had the lab properly done their analysis and passed Quality Control then Noront would have released the results.

Nothing in this statement can be twisted to indicate poor results. The results could have been too high for that matter. What matters is that whatever was reported can't be released as they have to be considered incorrect.

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Apr 25, 2008 08:51AM
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Apr 25, 2008 10:52AM
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