Re: Noront Resources Provides Update On Exploration Activity and Recent Court Decisi
posted on
Feb 25, 2016 02:19PM
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)
Today we had a most significant news release from Noront. The company has told us that Eagles Nest, despite being described as comparable to the Sudbury Basin, may be dwarfed by the recently tested A-5. They told us of similar positive resultz on the claims known as Blue Jay. Eagles Nest x 3 perhaps is what we may have here. That is the Sudbury Basin times 3 at least. This is the very very good news that we should be discussing here today. And I do apologize to all of you for being part of taking the board of this focus today. Sorry, I actually do know better than that.