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)

Free
Message: A Major

Just remember that it will take time to 'prove' what a Major needs to see before committing to a major project in undeveloped area.

Of course a good start was made by Noront with rich, if small, nickel deposits and the additon of what so far appears to be massive chromite sure helps.

However we're just not, in the ROF, at the point where a Major is going to say deal me in. Lots of promise and lots of exploration still required. Noront has the money to stay the course but it's going to be tough on a lot of other juniors in this area to do the same.

Maybe we'll see more jv's before a buy in?

A lot is riding on Noront's next news release and what's happening at E1. Could put a lot of things back on track.

Share
New Message
Please login to post a reply