Status of Claims in the Immediate area of Noront's Discovery in the McFauld's Lake region of the James Bay Lowlands
posted on
Sep 26, 2007 12:29PM
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)
There seems to have been some confusion lately concerning the status of claims surrounding and in the vicinity of Noront’s discovery claim (3012264), which it optioned from Condor in May of this year.
Indeed, this confusion is attributable to what I believe is a somewhat misleading news release made by BMK in which they state that have recently staked “claim groups adjacent to the south boundary of the Noront Double Eagle Property and covering what is interpreted to be the contact of an important geological unit.” Some have understood this to mean that the claims staked adjoin NOT’s discovery, which is not the case. I suggest anyone who is in doubt contact BMK and ask them to clarify the location of their claims in relation to the location of claim #3012264 – NOT’s discovery claim.
In an effort to resolve this matter for the benefit of both NOT and BMK shareholders , I have listed below all of the claims adjoining or in the immediate vicinity of NOT’s discovery claim, specifying position, title holder, and date acquired. I hope this will help set the record straight. There are more claims, but I think the list below is sufficient to establish the record of claims in the discovery area. Furthermore, the claims listed are cover a 360 degree radius around the discovery claim.
Noront:
Fancamp:
Probe Mines:
Source:
http://www.claimaps.mndm.gov.on.ca/website/claimapsiii/viewer.htm
Respectfully submitted by Bentonstocks.