Agoracom: Small Cap Investment - Noront Resources - Re: Resuming drilling early next week? 9Glorieux)

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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Resuming drilling early next week?

glorieux

Feb 15, 2010 09:33PM

Re: Resuming drilling early next week? 9Glorieux)

jacki79

Feb 16, 2010 09:00AM

Francis Dube

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Re: Resuming drilling early next week? 9Glorieux)

in response to

Re: Resuming drilling early next week? 9Glorieux)

jacki79

posted on Feb 16, 2010 09:20AM

First, JJ did not say a timing on assays of AT12, only that they would resume drilling as soon as the halt was lifted. It is my opinion that AT12 will be another 2-4 weeks based on previous drilling results. I believe you (and many others!) have unrealistic timetables for assay results.

When we drilled hole 49, Wes himself got involved and pushed very hard to get assay results asap. Even with the importance of this hole and Wes getting involved, it still took 6 weeks for us to get those results. A normal time frame is probably more like 8-10 weeks. So seeing as these results are from late January, I do not expect them back till mid March although with the PDAC being in early March, and these results from AT12 being touted as promising, we may have a push from NOT to have them in time for PDAC-but this is just my opinion.