Hi, CrazyTrade-
Wow, this NR is really good news. I expect we will get more before the AGM. I am half amused and half annoyed that the headline that StockWatch placed on this NR:
"Noront drills 104.7 m of 0.81% Cu at McFaulds Lake"
Yep, Noront is sure known as a BIG copper play, EH?!?
Back in the days of RN and Jim Mungall, Jim kept asking for a straight-down vertical hole, but was repeatedly denied because of the cost: ~$220K. That was for a "shallow" 1000m hole (which was eventually drilled and became hole 049). If you look at the diagram referenced in the latest NR, you can see that a vertical hole has little chance of intersecting mineralization at depth. It doesn't go in a straight line. And these deep holes are much more expensive. So I expect more wedge holes, doing exactly what you want (showing that something is there) for a lot less $$$$$$ expended.
Lastly, it was nice to read that the trend of the new mineralization was to the southwest... good for Noront, not so good for FNC.