Agoracom: Small Cap Investment - Noront Resources - Re: Been There

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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Been There

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Re: Been There - does your post mean

in response to

Been There - does your post mean

SudburyBoy1

posted on May 03, 2008 10:21AM

There is no straight answer. It would depend on the type of calibration error. If the machines were set to low but they were precise/consistent then all the errors would be consistently low. If the precision was in question as well then we would be consistently low but not the same amount for all the samples. We don't have enough information to know anything more than that they were not within acceptable statistical range of the samples and that they were biased low. It is frustrating but the NR is all we have to work with.