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: Can you count the Massives?

Can you count the Massives?

posted on May 21, 2008 07:46PM

Yes, it is taking some time to get the assay results from DE2, but we must take comfort, in as much, that we must be getting closer to the results. In the mean time, as we wait, we read and hear all kinds of comments from many on this board and from previous posters who have moved to other boards, that are very worried and concerned that perhaps something is wrong with why it is taking so long to post assay results. Thus the importance of knowing exactly what we are all invested in and why we have done so. Yes DD!

1. Here is a quick question: what has the management of NOT being doing with DE2?

Answer: they have been drilling, drilling and more drilling to define the ore body. In fact I read from a poster on this forum in discussion with RN that the number of holes is approximately 30.

2. Why would NOT continue to drill so many holes into the same anomoly?

Answer: Simple, it comes from the Feb 25th, "Eagle Two has Landed" new release. Link to the NR: http://www.norontresources.com/inves... It is alway useful to re-read these releases to remind us what we have. This is what it says:

"semi-massive to massive sulphide mineralization has been encountered about 2 kilometers to the southwest of Eagle One, in what is believed to be a peridotite filled conduit of the Eagle One magmatic massive sulphide occurrence. Our new drill objectives are to focus on this new occurrence and also to complete drill testing several other high-priority geophysical targets within the Double Eagle project area"

And focus on DE2 they have done!! Yes, at the time they only had 4 holes drilled and now we have 30 holes. I wonder why they would be so inclined to continue to pin cushion DE2 all the while spending significant dollars? You know why! Just count how many "MASSIVE's" are in the new release and take away what you want. Oh yah, what kind of "MASSIVE's" are we talking about? The answer is yet again in the same new release: "• Nickel-copper massive sulphides in a sheared deformation zone hosted by peridotite have been encountered...."

And we have not even talked about any other high priority targets (ie. DE3 and beyond) or windfall. Yes, there is risk in all investments and it is possible that the markets are nervous and that could be the reason why the SP has been flat. The markets like all of us are waiting for the same results, so while we wait, take a quick look at a one year chart of NOT and tell me if you see the makings of a launch pad reading to spring into action. It is very nerve racking and exciting all the same time. Please do your own DD and determine for yourself if you are ready for something very exciting.

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May 21, 2008 10:56PM
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