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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Message: Noront Resources Financial Post Feature - Is this Voisey's Bay II?

Re: Noront Resources Financial Post Feature - Is this Voisey's Bay II?

posted on Oct 15, 2007 06:10AM

But Jean-Francois Tardif, a fund manager at Sprott Asset Management (a major shareholder), calculated the company has already identified about $2-billion in value under the ground. He also pointed out that some of the drill holes have values of far more than US$1,000 per ton. 

"Some mines are profitable at US$15 or US$20 per ton," he says."This would be massively profitable if it was being mined. The grade is just unbelievable." 

So looks like 2 billion value so far,,,,and the more we drill,,,the higher the value,,,hopefully

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