Agoracom: Small Cap Investment - Noront Resources - NOT Chromite superior, but where are the PGE´s ?

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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FANTOMAS

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NOT Chromite superior, but where are the PGE´s ?

posted on Nov 01, 2011 09:56AM

As pointed out already, NOT´s Chromite assays of today are far superior to the rest of the RoF Chromite: Big Daddy (SPQ/KWG/FWR, now CLF) was running at 37.47% to 39.37% Cr2O3 with a Cr:Fe ratio of 1.9. And that was supposed the best material in the RoF.

Black Thor and Black Label (FWR, now CLF) were sporting Cr2O3 grades around 34% and still CLF was very interested.

But what I´m really missing is any info on PGE´s. It would be very unusual to find these Cr grades WITHOUT any PGE´s. Remember that Cliffs extracted from various metallurgical test of the Big Daddy Chromite deposit up to 14g/t Palladium, 3g/t Platinum and 1g/t Gold.

Big Daddy was hosting exclusive PGE sulfides such as Sperrylite and Stibiopalladinite and they found Pyronexite in the hanging wall containing 5g/t PGE´s.

So what about Chromite associated PGE´s @ the Blackbirds. We know that there are more than enough PGE´s within the Eagle´s Nest and I would expect quite a bit within the Chromite horizon.