I've just finished reading the entire 43101 report, and here are the plain English highlights about Noront's potential that struck me:

"The authors feel that the large budget [$12 million] is warranted, given the the project is now entering a predevelopment stage..." page iv.

"Grades at Noront's Blackbird One compare favourably with those at the world's most important chromite producers." page 26.

[Blackbird One Deposit has the potential] "for a multimillion ton resource..." page 26.

"There is significant potential for the discovery of another Eagle One-type deposit as the Eagle Two mineralization is traced westward..." p. 30.

"Noront's land position in the 'Ring of Fire' includes the Double Eagle Property, 11 additional joint ventures..., and 3 floating blocks of claims... It is the author's opinion that this new metal district, the currently known deposits in the Ring of Fire, and Noront's vast land position make the adjacent properties a significant upside to the Double Eagle Property." page 44.

"Eagle One formed in a conduit which is likely continuous over [kilometres]." page 56.

"For... Eagle One... complete a preliminary economic assessment (scoping study)." page 56.

"For... Eagle Two and Blackbird One... NI 43-101 compliant resource estimates..." page 56.

"For.. Blackbird Two... $1,050,000 [for continued exploration].

"For AT12... $875,000 [for continued exploration].

[Plus money for a better airstrip and exploring other anomalies.]

Look's like a Noront pumper's list, but it's not -- it's the real thing.

So far, so good...

Rekjr