From the news release today......
The surveys centered on the areas known as AT-5 and Blue Jay which are approximately 1km and 9km, respectively, from the Company's Eagle's Nest nickel-copper-platinum-palladium deposit.
From NOT's website, with my comment in brackets).......
Blue Jay (formerly AT12) is a nickel, copper sulphide occurrence located 9.5 km northeast of Eagle’s Nest.
Also, from today's NR.......
Previous drilling along this contact on the Noront ground and the property formerly owned by Cliffs Natural Resources.
If I am not mistaken then this would be that beautiful Eagles Nest looking cone on the corner of the old Freewest claim then taken over by Cliffs, which was half and half on NOT's and FWR's property claim.
At the time, NOT was drilling on AT12 (now BlueJay) and had some success but nothing close to Eagles Nest. I kept saying that the real juicy part was this cone. I can only assume that Noront & Cliffs were reluctant to do much drilling as they shared the claim. I commented several times to management on this and was told that they drilled a few holes and found nothing. But that there could be something potentially deeper.
So perhaps they did that shallow drilling on purpose were always my thoughts.
Have a look at the following link. Where the arrow that points to AT12, at the tip of, look down at the claim block immediately below the arrow tip. This is the claim that NOT and formerly FWR shared and is also where that juicy cone exists.
http://agoracom.com/ir/Noront/photos#
Now, go to the photos section and see the two maps I've downloaded from my Super-Strato- files.
You can see the cone in the corner of that cliam, which is at least half on NOTs property at the time and is now owned completely by NOT.
It sure is interesting that they are now finally looking at it closer, with the Federal & Provincial budgets set to release.
If I'm correct about my assumptions above, I say that we have another Jackpot Nest (albeit deeper) and all heck breaks loose very very soon. IMHO.
AND I have another set of maps on the old Probe property claims that NOT traded for some it's Chromite claims. More juicy stuff there.
strato
