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: windfall info
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HSS
Jun 06, 2008 09:25AM

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Jun 06, 2008 09:57AM
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HSS
Jun 06, 2008 10:01AM

Construction Norascon of Amos (Quebec) has been selected for the surface construction work. Surface work represents the portal trench and ground support, all the mineralized material and waste storage pads, the settling pond and the polishing pond. Work should start following receipt of all the permits, and after the camp expansion.

Mining contractor Monterie Expert has been selected for all underground excavation. The mining contractor will commence mobilization and start the decline after the surface work has been completed.

Genivar SEC. of Val-d'Or (Quebec) will be doing the management and supervision of the contractors, the environmental follow up and the detailed engineering regarding the Windfall Lake Project. Noront's own geological crews will carry out the necessary mapping and sampling of the underground workings under the guidance of Tracy Armstrong, P. Geo., of P & E Mining Consultants Inc. Ms. Armstrong is a qualified geologist in the Province of Quebec.

The proposed ramp, approved by Noront's directors is designed to assess and sample several areas of gold mineralization intersected in previous surface diamond drill holes. The gold zones include those encountered on Noront's wholly owned Windfall Lake Property and its optioned Murgor/Freewest Property contiguous to the north where the ramp is being collared.

Costs for that portion of the ramp on the Murgor/Freewest option will be applied against the work commitment on the optioned property. The ramp will commence on the Murgor/Freewest option ground and drive southward onto Noront's ground to a vertical depth of at least 100 meters. Total cost of the ramp could exceed $8.0 million depending on the extent of work required to complete the necessary geological assessment of the gold zones.


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Jun 06, 2008 10:13AM
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