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: lack of tonnage

Re: lack of tonnage

posted on Jun 04, 2008 04:34AM

Sorry but your post is meaningless. At this point in time we just don't know the tonnage or grade at DE1 and even the 43-101 will not totally answer that since it will outline what drilling has proven up and also comment on 'inferred or probable' additional tonnage/grade.

All we know is that the 43-101 is being worked on and no timeline for release has been issued. Now some of us are guessing that just maybe this is going slower than optimum which could well be because Noront want's to hammer out jv's on nearby claims prior to releasing. That guess is totally without any kind of backup or confirmation so all we really know is that it's being worked on.

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