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 AGM - Al Coutts
16
Jul 03, 2014 09:02PM
9
Jul 04, 2014 12:10AM

irish,

Many thanks for posting the 2 videos. Just watched them. The presentation by Al Coutts was quite good. He appeared a lot more at ease compared to the first time he addressed the audience after one week in the job. He appeared confident, unpretentious (folksy) during his presentation.

It's a long presentation, but quite comprehensive:

- First priority: He went over a lot of details on the proposed Ni mine. A must watch for a summary of what has been going on. An interesting tidbit: All waste will be stored underground due to the extra space (cavern left behind from UG quarry operation to get the aggregates for mine construction)

- Second priority: Chromite, planning a a "small-scale" high grade UG mine (some 2M tonnes/yr) in conjunction with the Ni mine, due to its proximity to Eagle... chromite deposit is some 500 m away from the Ni deposit.

- Exploration: He has in mind further exploration. There are a lot more to discover on NOT extensive collection of claims in the RoF. Other companies may do the same once the infrastructure is in place, starting with the E-W road as proposed by NOT.

goldhunter

3
Jul 04, 2014 11:47PM
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