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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Message: Re: Noront Announces Additional Drill Results at McFaulds Lake

I'm not sure that I'd be the best person to do a calculation of the Nickel resource at Eagles Nest, but I'd take a calculated guess that it's worth at least 3 billion based on today's low Nickel prices. I'm probably way off.....

As long as we keep hitting with the drill, then it adds to the total. They went six hits for six holes in this round of assays. Gotta like that average.

strato

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