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: Table - A little bigger

...The first batch of approximately 400 samples was processed for base and precious metals during a 10 day period. These data were reported to Noront's Quality Control QP, Ms. Tracey Armstrong, P. Geo., of P&E Mining Consultants Inc. from April 7th through April 22nd, 2008. Upon reviewing Noront's certified field reference standards in these...

Milsy1 ,Yours is more detailed than mine. Above is the news in early May, that was why I discounted all the April 2 assays result. I assume most of them had done assays since first batch was 10 days and the rest would not have any backlogged.

From your table ,then it left 46 assays - 5 lost /abandoned /insignificant = 41 as of Aug 1 news.

Mine is > 35 assays

How I forcast the time cycle:

May 27 news to now = 90 days + holes drilled at least 20 days before the news = 90+ 20= 110 for another 10 days more ~ 120 time cycle...

Another point to made: I remember someone mentioned in the forum that our forth drill had lent to WSR ..sorry I might have quoted wrongly if it was not the case..I remember too someone mentioned another drill is coming ..

Anyway, we have four drills , that is very good.

Thanks again for the clarification. Hope Agoracom can give us exact information direct from Noront.

BH





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