Windfall Area and Noronts hole 100 and 175
in response to
by
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)
Message: Long time no post
Re: Windfall,
went back and checked on Freewest and Murgors results from the F-11 and F-17 zones, decent intercepts here. There’s certainly gold there. Nots' Hole 07-175 as well.
NOT-07-175 (9+62 mW, 9+95 mN, azimuth 0°, dip -90°, NQ size) was completed to 16.76 m yielding 143.30 g/t gold over 3.22 metres (4.18 oz/t gold over 10.6 feet). True width of this interval is unknown at this time.
Noront proposes to complete several short surface holes to confirm and better define the extent of high grade mineralization in the vicinity of NOT-07-175. The hole was drilled on the portion of the property held under option from Freewest Resources Canada Inc. (FWR:TSX-V) and Murgor Resources Inc. (MUG:TSX-V) (see Noront press release of Feb 5, 2007).
Patrick Chance, the QP, observed finely disseminated native gold at several locations in the higher grade intervals in amounts and grain sizes that are consistent with analytical data reported by Bourlamaque Assay Laboratory. The intersection confirms the extension of Murgor’s F-17 zone towards surface. An exploration drift will enter this zone at about 60 m below surface during 2008.
The Company anticipates that Monterie Expert, the Company’s underground contractor, will take the first ramp round by the end of the week of 17 March. Monterie Expert is currently installing surface plant and facilities and plans to complete mobilization of heavy equipment in advance of the annual highway load limit season.
Noront expects to complete Phase 1 of the underground program before the end of 2008. This phase will enter the F-11, F-17 and NOT-06-100 areas up to 100 m below surface.
Freewest/Murgor Property at Windfall.
At Murgor’s Windfall Property in northern Quebec, Noront (NOT: TSX-V) announced yesterday that the exploration ramp had crossed Gold Zone F-17 where significant occurrences of visible gold is reported. Noront’s press release dated June 26 stated: “gold was found to form a film or mesh, permeating the host rock and exposed on broken surfaces for areas up to 8 x 10 cm”. Furthermore, it is expected that Gold Zone F-11 will be reached very shortly.
Both Zones F-11 and F-17 are located entirely on the Windfall Murgor option (owned 50% by Murgor and 50% by Freewest Resources Canada Inc) (FWR: TSX-V). Noront is presently earning a 50% interest by incurring exploration expenditures of $4.0 million dollars. Noront is carrying all exploration and development expenditures at Windfall.
Past results from Zone F-17 include:
DDH BEST RESULT
98-04 15.10 g/t Au over 1.20 m.
05-19 59.07 g/t Au over 1.00 m.
05-20 10.46 g/t Au over 11.00 m.
05-21 9.32 g/t Au over 11.00 m.
05-22 16.56 g/t Au over 3.00 m.
05-28 21.65 g/t Au over 2.00 m.
05-48 8.89 g/t Au over 11.00 m.
05-52 7.24 g/t Au over 9.00 m.
05-53 5.78 g/t Au over 4.50 m.
05-79 15.97 g/t Au over 7.60 m.
Past results from Zone F-11 include:
DDH or Channel BEST RESULT
Channel 40.82 g/t Au over 5.90 m.
Channel 85.80 g/t Au over 4.00 m.
04-02 8.34 g/t Au over 3.50 m.
05-30 11.91 g/t Au over 17.00 m.
05-34 8.18 g/t Au over 3.00 m.
05-72 8.22 g/t Au over 2.00 m.
Of particular interest, on Murgor's site, they list Wiindfall as a potential optionable property.
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