Who is it that has told us to keep marching on with our exploration? Eventhough we have very little money to do so. I have said before that I believe someone with deep pockets has told us not to worry about the expenditures. That the money will be there whenever we need it, and that dilution to our stock will be compensated for by what we find with our continued drilling; find more at all costs.
We are slowly establishing our multi-metal mining district, so I now have to wonder.... What will are worth be when faced with a buyout, or merger? Hmmmm...
http://norontresources.com/wp-content/uploads/2018/06/FINAL-AGM-Presentation-2018.pdf
EXPLORATION Cu-Zn Exploration Success
• New discoveries have been made at McFaulds #8, #9 and #10
• The goal is to discover ~10 MT in a single or multiple ore bodies in order to feed a centralized concentrator
• Five deposits identified so far over a 2km strike length
• Drilling will continue in mid June
http://norontresources.com/noront-extends-debt-arrangement-with-resource-capital-funds/
Exploration Update
Cyr Drilling International in partnership with Webequie First Nation is at site to begin a five-hole drill program on the McFaulds VMS property, following up the success of the winter program. In addition, Crone Geophysics have initiated ground geophysical surveying along favorable VMS horizons. Drilling and geophysics aim to extend the strike and dip of the recently discovered McFaulds No. 8 and No. 10 copper-zinc sulphide lenses.