Re: If I Recall Correctly, 1 Drill Has Already Been Deployed To Deep-Drill Beneath..
posted on
May 30, 2009 06:41PM
obg - Here you are, last sentence.
Press Release
May. 26, 2009
Download this document: notpr-2009.05.26.pdf (pdf, 636801)
Noront Resources Intersects More Massive Chromite 21.5 Metres Averaging 41.58% Cr2O3
Toronto, Ontario, May 26, 2009. Noront Resources Ltd. (“Noront” or the “Company”) (TSX Venture: NOT) is pleased to announce assay results from twelve diamond drill-holes completed during in the latter part of the winter on the Blackbird chromite deposits, and provides an update on project progress.
HIGHLIGHTS
- Hole NOT-09-1G130 intersects 21.5 metres averaging 41.58% Cr2O3, with Cr:Fe ratio of 2.13 within 30 metres of surface;
- Hole NOT-09-1G104 intersects 25.1 metres averaging 36.82% Cr2O3, Cr:Fe ratio of 2.02 including massive chromite intersection 5.2 metres wide averaging 40.61% Cr2O3 with Cr:Fe ratio of 2.11;
- Chrome resource delineation drilling nears completion, one drill re-assigned to test for nickel potential in vicinity of Eagle One;
- Drilling continues on chrome, while testing for additional base metal and PGE potential.
Drilling Details:
Noront’s late winter exploration program continued through the spring breakup of late April and into May. As announced on April 28, 2009, the Company has employed two diamond drills on the Blackbird deposits since the beginning of January and had completed a total of 17,680.9 metres of drilling in 63 holes. Since this time, an additional 25 holes have been completed totaling an additional 5,570 metres, bringing the total drilling for 2009 on the chromite project to 87 holes and 18,354 metres. As stated earlier this year, the primary goal of this drilling campaign is to define a National Instrument 43 - 101 compliant resource for the Blackbird discoveries by completing sufficient drilling at an optimum drill hole spacing to provide both inferred and indicated resources depending on the density of sampling and the domain type (massive vs. disseminated chromite). Noront has nearly completed its planned drilling on the chromite project, well ahead of schedule and budget and expects to deliver its National Instrument 43-101 compliant report by the end of 2009. The company has recently reassigned one drill to test for downward continuations or extensions of the Eagle One Deposit.
