The Noront discovery is a cumulate settling type occurrence, and as such, the possibility of the pyrrhotite containing nickel is considered high. While the Noront discovery bears geological similarities, the Noront mineralized zone does not have the chrome layering present in the other nearby occurrence. Olivine crystals are well formed, ranging in size from 5 mm to 10 mm, the chalcopyrite and pyrrhotite sulphides occur interstitially around the olivine phenocrysts. The percentage of sulphide mineralization as well as olivine crystal size is gradational between 56 meters and 125 meters, decreasing with down-hole depth, suggesting that the rock unit is structurally overturned."

The reason I'm re-posting this is it makes a whole lot more sense now, than it did then, with all the emotion and stock price mania at the time.

I've been doing some reading about Large Igneous Provinces, such as the Bushveld complex, etc, and the word "basalts" and "olivines" kept coming up, so I wanted to make sure Noront had them as well. They do. This is good!

This was taken from wikipedia, as it relates to pentlandite formation:

Metamorphism, especially if it is of at least middle greenschist facies, will cause the solid massive sulfide to revert to MSS. During deformation the MSS will act in a ductile fashion, and it is often considered to have the consistency of toothpaste, able to travel great distances into the country rock and along structures. Upon cessation of metamorphism, the MSS solution reverts again to the component sulfides, but it usually inherits a foliated or sheared texture, and typically sees growth of bright, equigranular to globular aggregates of porphyroblastic pentlandite crystals known colloquially as "fish scales".

So, we have an Archean setting, in a greenstone environment, with all the metals that indicate repeated massive magma flow, leading to pockets of mineralization, PGE's and chromite layering.

As well, because no one to date has been able to really drill down to appreciable depth ( greatr than 600M, I believe) we didn't know what the rock structure was below. Because this early news release speaks of olivine rocks, known only because it appears E1 is overturned, it provides one more clue as to what we will find once we drill to great depths. That should end the "Tonnage" and "grades" debate for all time, one way or another.

This news is also exciting when one considers the rumours out there that the NOT/FWR JV target is also overturned.

Having no geological background, I could still be grossly misinterpreting things here, but to me, it seems like we only have to follow the trail of breadcrumbs left for us to arrive at the conclusion that this is going to get very interesting in the next 6 months.

Here's hoping June is our month!

GLTAL