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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| Business : Noront Resources Provides Exploration Update |
| Posted by admin on 2009/7/3 14:55:20 (61 reads) |
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Toronto, Ontario, June 29, 2009. Noront Resources Ltd. (“Noront” or the “Company”) (TSX Venture: NOT) is pleased to provide the following exploration update of the company’s activities: • Hole NOT-08-045 at Eagle One, deepened in 2009, intersected 46.12 metres of nickel, copper sulphides including two short intervals of high-grade massive sulphides; • Hole NOT-09-047 at Eagle One intersected 2.15 m of nickel, copper sulphides including 1.75 m of massive sulphides approximately 275 m below surface; • At the Thunderbird Occurrence, holes NOT-09-24 and 25 intersected magnetite and titanium mineralization similar to hole NOT-09-2G21 which returned significant vanadium mineralization within the company’s McFaulds Lake claims; • At the Blackbird chromitite deposits, 92 holes were completed (25,477 metres of drilling); • Micon International was contracted to complete a NI 43-101 Technical Report for the Blackbird One and Two deposits; • AECOM Canada Ltd. was contracted to complete baseline environmental studies at McFaulds Lake; • Currently there are three drills turning at McFaulds Lake including one at Eagle One, one at AT12 and one at Oval Lake; • Discussions with Federal, Provincial and local government agencies on regional infrastructure development plans are continuing; • We continue to develop initiatives with local First Nations interests to provide innovative and fair employment initiatives and business partnerships; • Update on Windfall Lake Gold Project; View full press release here. |
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