What kind of mine do you like ? Ni, Cu or PGE ?

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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FANTOMAS

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What kind of mine do you like ? Ni, Cu or PGE ?

posted on May 12, 2008 02:36AM

I TAKE ALL !!!

As Richard has been quoted:

“The difference with this thing is the

grade,” said Nemis. “If you just had platinum

and palladium at these grades, you’d have a

mine. With the grades of copper, you’d have

a copper mine. With the grades of nickel,

you’d have a nickel mine. Voisey’s Bay has

no platinum or palladium.”

(Sudbury Mining Solutions Journal, March 1, 2008)

... and no rhodium, I would like to add.

I agree with the recent discussion on this forum regarding the importance of Platinum Group Elements and the geophysical explanations (thanks JD, jsq, CMP).

And I conclude: we have 3 mines already (with Eagle1) and most likely a lot more to come.

So if Eagle2 and further deposits turn out to contain similar grades (they don´t need to be as exeptional as DE1), which would add further tonnage to an already easy to mine (open-pit) deposit,there is a big upside potential for Noront and most of the area plays with very little downside left.

Although I´m a patient guy I´m really excited to get to see the results (hopefully this week or even better today) and see Noront making it´s next step forward.