What gives Noront the extra attention than several of the area plays of DE?
Yes, the magnificent goldfind in Windfall, an average of 1327 gr/tn over 4,8 m, with bulk sampling on its way.
To really comprehend what this value means, one must multiply the grams with the width (1327 x 4.8) to calculate an indexvalue, as a means to compare with other finds. A value over 50 (for mining capabilities) is considered good. As you see below, Noront is the top, even if you should consider it a one shot. IMHO, Richard Nemis will JV with most of the area players and sell DE. He will put Windfall into a mine. That is the difference.
BTW, Eleonore was sold for 1/2 billion, Arequipa for 1 billion dollars.
Noront (2006) |
4,8m |
1327 gr/tn |
index= 6370 |
|
|
|
|
Aurelian FDN (2006)
|
189m |
24 gr/tn |
4536 |
Lihir (1996)
|
272m |
5 gr/tn |
1360 |
Goldstrike (1989)
|
164m |
14 gr/tn |
2296 |
Mesel (1989)
|
133m |
8 gr/tn |
1064 |
McLauglin (1978) |
121m |
6 gr/tn |
726 |
Sleeper (1984)
|
102m |
28 gr/tn |
2856 |
Arequipa (1996) |
77m
|
5 gr/tn
|
385 |
Eleonore (2004) |
23m
|
15gr/tn |
345 |