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: Interesting story on Chromium
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Big difference... In Africa the chromium is treated as a contaminent... Very expensive processes brought in to increase the recovery of Pt/ pd's... the chromite is a byproduct.



In the case of NOT this is a world class deposit that will be developed with the intent of Chromium being the main product... The enricment of Blackbird is better for the end product. The bushweld is being mined for the pt / pd thus the chromium is minimized.... a disadvantage to Chromium production for the African producers...



In Noronts case the Blackbird deposits would be mined and concentrated to make the desired end product.



Big advantage



JMHO

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