Agoracom: Small Cap Investment - Noront Resources - X Sections

HIGH-GRADE NI-CU-PT-PD-ZN-CR-AU-V-TI DISCOVERIES IN THE "RING OF FIRE"

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)

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Old Joe

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X Sections - Rockaur & OldJoe

in response to

X Sections - Rockaur & OldJoe

bravekind

posted on Oct 03, 2007 05:23AM

#1 & 2 are in a vertical plane as will #7 & 8 once # 8 is completed. This helps them with resource calc's as well as in figuring out the boundries (Easterly and Westerly) and compare with what imaging shows to figure out possible dip and perhapse area source may be located in (something I would want to know about since it is what can lead them to ever increasing volumes of mineralization). For the moment I am assuming what they are currently drilling is an accumulation chamber. Tracing back along the source channel (once located - must be comming from deeper underneath) will lead to more such chambers (my hope/expectation) down deeper.....

The calculations I did are rough but good approximation for calculating a volume - actual size and shape is sure to be considerably - and thus alos rough but good for tonnaga as well. I chose to err strongly on the conservative side as well.